China Juxin announced that the participating company Jinghengxidao plans to sign an “Investment Agreement” with the Quzhou Intelligent Manufacturing New Town Management Committee to invest about 1.1 billion yuan to build a high-purity quartz material project with an annual output of 2,220 tons through the establishment of a wholly-owned subsidiary. The first phase of the project has an investment plan of about 333 million yuan and an annual output of 720 tons. The board of directors of the company has reviewed and approved it. The project is currently in the preparation stage, and Jing Hengxi still needs to carry out internal review procedures and approval procedures by relevant government departments.

China Juxin announced that the participating company Jinghengxidao plans to sign an “Investment Agreement” with the Quzhou Intelligent Manufacturing New Town Management Committee to invest about 1.1 billion yuan to build a high-purity quartz material project with an annual output of 2,220 tons through the establishment of a wholly-owned subsidiary. The first phase of the project has an investment plan of about 333 million yuan and an annual output of 720 tons. The board of directors of the company has reviewed and approved it. The project is currently in the preparation stage, and Jing Hengxi still needs to carry out internal review procedures and approval procedures by relevant government departments.