Sanfang Alley announced that the “Green Multipurpose Bottle Project with an Annual Output of 1.5 Million Tons”, which is one of the capital raising investment projects of the company's public offering of convertible corporate bonds, was implemented by Jiangsu Xingye Plasticization Co., Ltd., a wholly-owned subsidiary, and recently put into operation. The project uses advanced production technology and equipment, and has two sets of the largest single PET polymerization plants of 750,000 tons/year, which can effectively improve production efficiency, reduce energy consumption, reduce emissions, and conform to the green and environmentally friendly production concept.

Sanfang Alley announced that the “Green Multipurpose Bottle Project with an Annual Output of 1.5 Million Tons”, which is one of the capital raising investment projects of the company's public offering of convertible corporate bonds, was implemented by Jiangsu Xingye Plasticization Co., Ltd., a wholly-owned subsidiary, and recently put into operation. The project uses advanced production technology and equipment, and has two sets of the largest single PET polymerization plants of 750,000 tons/year, which can effectively improve production efficiency, reduce energy consumption, reduce emissions, and conform to the green and environmentally friendly production concept.