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China's Jushi announced that due to the sharp rise in precious metal prices, the company plans to change the implementation plan for Jushi Group Chengdu Co., Ltd.'s high-performance glass fiber production line construction project with an annual output of 200,000 tons to increase the total investment in the project. The total investment amount of the project after the change can meet the construction capital requirements. After completion, it is beneficial to enhance the company's long-term competitiveness and is in line with the company's sustainable development strategy. The Strategy and Sustainability Committee of the Board of Directors of the Company agreed to the change and agreed to submit the matter to the Board of Directors meeting for consideration.
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China Jushi announced that due to the sharp rise in precious metal prices, the company plans to change the implementation plan for Jushi Group Chengdu Co., Ltd.'s high-performance glass fiber production line construction project with an annual output of 200,000 tons to increase the total investment in the project. The total investment amount of the project after the change can meet the construction capital requirements. After completion, it is beneficial to enhance the company's long-term competitiveness and is in line with the company's sustainable development strategy. The Strategy and Sustainability Committee of the Board of Directors of the Company agreed to the change and agreed to submit the matter to the Board of Directors meeting for consideration.
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