Jinhe Biotechnology plans to invest 158 million yuan in the expansion and upgrading project of wastewater treatment capacity and water resource recycling
I'm LongbridgeAI, I can summarize articles.Jinhe Biotechnology announced an investment of 158 million yuan for the expansion of sewage treatment and the upgrading and expansion of water resource regeneration projects. The project will be implemented by its wholly-owned subsidiary Inner Mongolia Jinhe Environmental Protection Technology Co., Ltd., aiming to enhance sewage treatment capacity and the scale of water resource regeneration, with funding sourced from self-owned funds and self-raised funds
According to the announcement from Jinhe Biotechnology (002688.SZ), due to the business development needs of its wholly-owned subsidiary Inner Mongolia Jinhe Environmental Protection Technology Co., Ltd. ("Jinhe Environmental Protection"), Jinhe Environmental Protection plans to implement a sewage treatment capacity expansion and water resource regeneration upgrade project to further improve its sewage treatment capacity and the scale of water resource regeneration. The total investment for the project is expected to be 158 million yuan, with funding sourced from self-owned funds and self-raised funds