Huaxin New Materials announced that the functional membrane material project with an annual output of 12 million square meters and the functional membrane material project with an annual output of 5,000 tons, which Huaxin Hi-Tech, a wholly-owned subsidiary of the company, has successfully completed the introduction and installation of the production line and has entered the test run and trial production stage. The planned investment for the above projects is 123 million yuan and 80 million yuan, respectively, and the funding source is own funds. In the future, the process parameters of the equipment will be optimized according to the trial production situation, and project accounting and acceptance work will be completed after the trial production is completed.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.