Jinfu Technology's subsidiary plans to invest in the construction of the JF New Materials Phase I Eastern Production Base to expand capacity layout
I'm LongbridgeAI, I can summarize articles.Jinfu Technology's wholly-owned subsidiary, Jin Jinfu, plans to invest in the construction of the JF New Materials Phase I Eastern Production Base in Jinshan District, Shanghai. The project covers an area of approximately 70 acres and plans to invest about 1.0137 billion yuan. This base will produce new materials such as fluorine-free adhesives, electronic bonding agents, and thermal management cooling fluids, aiming to expand production capacity and accelerate the company's strategic transformation into the new materials field
According to the Zhitong Finance APP, Jinfu Technology (300128.SZ) announced that its wholly-owned subsidiary Shanghai Jinjinfu New Materials Technology Co., Ltd. (referred to as "Jinjinfu") intends to sign a "Project Investment Agreement" with Shanghai Jinshan Second Industrial Zone Investment Co., Ltd. (referred to as "Jinshan Second Industrial Investment Company"). Jinjinfu plans to invest in the "JF New Materials Phase I Eastern Production Base" project in the Carbon Valley Green Bay Industrial Park in Jinshan District, Shanghai.
The JF New Materials Phase I Eastern Production Base project is located within the Carbon Valley Green Bay Industrial Park in Shanghai, covering an area of approximately 70 acres, with a planned total investment of about 1.0137 billion yuan. The company initially plans to build production lines and supporting facilities for fluorine-free adhesives, electronic bonding agents, thermal management cooling fluids, and other new materials in the production area of this project.
It is reported that this investment will help further expand capacity layout and accelerate the company's strategic transformation towards the new materials field