Zhitong Finance App News, Shipu Testing (301228.SZ) issued an announcement. The company held the 7th meeting of the 3rd board of directors on July 31, 2026 to review and pass the “Bill on Foreign Investment” and agreed to establish a new wholly-owned project company under the company's wholly-owned subsidiary, Wuxi Shipu Testing Technology Service Co., Ltd. (hereinafter referred to as “Wuxi Shipu”), to invest RMB 100 million in the electronic-grade high-purity red phosphorus project in the wholly-owned project company.

This project meets the company's overall development strategy and business needs, optimizes the industrial layout, and promotes the development of emerging businesses. The implementation of the project is conducive to further enhancing the company's core competitiveness and creating future profit growth points for the company.

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