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Yuxin Co., Ltd. announced that the board of directors of the company reviewed and passed the foreign investment bill on October 23, 2026 to jointly establish a joint venture with Xinzhoubang to build a project with an annual output of 150,000 tons of high-purity electronic grade solvents. The registered capital of the joint venture is 200 million yuan, with Yuxin shares investing 80 million yuan, holding 40% of the shares, and Xinzhoubang investing 120 million yuan and holding 60% of the shares; the total investment amount of the project does not exceed 500 million yuan, and the relevant construction procedures are still subject to approval by the relevant government departments.
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Yuxin Co., Ltd. announced that the board of directors of the company reviewed and passed the foreign investment bill on October 23, 2026 to jointly establish a joint venture with Xinzhoubang to build a project with an annual output of 150,000 tons of high-purity electronic grade solvents. The registered capital of the joint venture is 200 million yuan, with Yuxin shares investing 80 million yuan, holding 40% of the shares, and Xinzhoubang investing 120 million yuan and holding 60% of the shares; the total investment amount of the project does not exceed 500 million yuan, and the relevant construction procedures are still subject to approval by the relevant government departments.
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