Elite Color plans to invest approximately 150 million yuan to build a composite new materials production base for the Qu Shui You Cai project
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Elite Color signed an investment agreement with the People's Government of Qu County, planning to invest approximately 150 million yuan to build a composite new materials production base in Qu County, Tibet, with an annual output of 30,000 tons of engineering composite new materials. The project includes the construction of new production workshops and R&D office buildings, with a total construction area of about 20,200 square meters and a construction period of 1 year. This project will promote the localized production of engineering composite materials in the western region and enhance the company's market coverage capability
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