Guochuang Hi-tech's subsidiary plans to invest 152 million yuan in the construction project of a new materials research and development base
Guochuang Hi-tech's wholly-owned subsidiary Hubei Guochuang Hi-tech Materials Technology Co., Ltd. plans to invest 152 million yuan in the construction of a new materials R&D base in Ezhou City, Hubei Province. The project will be carried out in two phases, with an initial investment of 39.6 million yuan, focusing on the R&D of high-performance, green, low-carbon transportation construction materials, aligning with industry transformation needs, enhancing the company's core competitiveness, and supporting sustainable development
According to the announcement from Guochuang Hi-tech (002377.SZ), the wholly-owned subsidiary Hubei Guochuang Hi-tech Materials Technology Co., Ltd. (referred to as "Guochuang Technology") plans to invest in the construction of the "Guochuang Hi-tech New Materials R&D Base Construction Project" in Ezhou City, Hubei Province, based on the company's overall development strategy and business needs. The project covers an area of 45 acres, with a total investment estimated at approximately 152 million yuan (the final total investment will be based on actual investment), and will be implemented in two phases according to actual conditions. Recently, Guochuang Technology plans to implement the "Phase One of the Guochuang Hi-tech New Materials R&D Base Construction Project," with an investment amount of 39.6 million yuan. After the completion of Phase One, the decision for the construction of Phase Two will be made based on the company's actual operating conditions.
The company focuses on strategic planning and the existing business development needs, precisely targeting the R&D field of high-performance, green, low-carbon transportation construction materials. This project aligns closely with the development direction of the transportation construction industry towards "high performance, low energy consumption, and sustainability," and can meet customers' diverse and high-quality demands for road materials in different scenarios. The geographical location of the project site is advantageous, with a convenient transportation network, providing strong support for raw material procurement, R&D results, and efficient project promotion. This project has a positive driving effect on optimizing the company's industrial structure, aligns with the company's long-term development strategy, enhances the company's core competitiveness, and injects momentum into the company's practice of green development concepts and achievement of sustainable development goals, helping the company realize sustainable development
