<div id="readability-page-1"><div><p>(MT Newswires) -- Beijing Oriental Yuhong Waterproof Technology (SHE:002271) plans to invest 600 million yuan to construct a new materials industrial chain in Shanglin County, Nanning City in China's Guangxi Zhuang Autonomous Region, according to a Shenzhen bourse disclosure on Friday.</p><p> The new materials industrial chain will process ores and produce decorative marble panels and specialty mortars.</p><p> Each phase of the construction will start within three months, and production will start within 18 months after land conditions are met.</p><p>The Chinese waterproof system service provider's shares slipped over 1% at the close.</p></div></div>

002271

<p>Beijing Oriental Yuhong Waterproof Technology plans to invest 600 million yuan to build a new materials industrial chain in Shanglin County, Nanning City, Guangxi. The project will process ores and produce decorative marble panels and specialty mortars, with construction phases starting within three months and production commencing within 18 months. The company's shares fell over 1% at the close.</p>

Oriental Yuhong Waterproof to Build New Materials Industrial Chain for 600 Million Yuan