According to the Zhitong Finance App, International Composites (301526.SZ) announced that the company plans to invest 1,158 billion yuan to build a high-performance electronic fiber cloth (Longshan) project, including 1,126 billion yuan in construction investment, 2.036 million yuan in working capital, and 12.159 million yuan in interest during the construction period. The source of project funding is own funds and bank loans. The production scale of the project is 111 million meters of electronic grade fiberglass cloth per year. The project helps to make up for business shortcomings and increase the company's high-end electronic cloth market share and product market competitiveness.

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