ST Ningke announced that the company held a board meeting on July 22, 2026 to consider and approve investment in the construction of a project with an annual output of 50,000 tons of dibasic acid such as sebacic acid and an annual output of 10,000 tons of diamine such as decanediamine. The total investment is estimated at 545 million yuan, including 351 million yuan for the binary acid project and 194 million yuan for the diamine project. The construction period of each project is 12 months, and construction is scheduled to begin in November 2026. The sources of capital are own funds, bank loans, etc., which account for about 35% and 65% respectively. Project implementation involves approval, capital, and market risks.

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