Zhitong Finance App News, Shenzhen Xinxing (603978.SH) announced that Zhejiang Xinxing Lingchuan New Material Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to sign a “Project Investment Agreement” with the Yangtze River Delta (Huzhou) Industrial Cooperation Zone Management Committee to establish a project company within the jurisdiction of the Yangtze River Delta (Huzhou) Industrial Cooperation Zone Management Committee. The project company has a registered capital of 100 million yuan to invest in the construction of aluminum-based high-end new materials projects.

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