According to Fulai New Materials's announcement, the company plans to change the original fund-raising project “Electronic-grade Functional Material Production Expansion and Upgrade Project” to an “Electronic-grade Functional Material Production Base Construction Project”, involving a change in investment direction of 221 million yuan in capital raised, accounting for 31.86% of the net capital raised. The implementing entity of this change is Zhejiang Ruifute Optoelectronic Materials Co., Ltd., a wholly-owned subsidiary. The implementation site was adjusted to Phase II of the Yaozhuang Economic Development Zone in Jiashan County. The construction period was extended from 3 to 5 years. Production is expected to reach production on December 31, 2031. The annual production capacity remains unchanged, with a total project investment of 276 million yuan. The matter still needs to be reviewed by the shareholders' meeting and does not involve related transactions or major asset restructuring.

Zhitongcaijing · 2d ago
According to Fulai New Materials's announcement, the company plans to change the original fund-raising project “Electronic-grade Functional Material Production Expansion and Upgrade Project” to an “Electronic-grade Functional Material Production Base Construction Project”, involving a change in investment direction of 221 million yuan in capital raised, accounting for 31.86% of the net capital raised. The implementing entity of this change is Zhejiang Ruifute Optoelectronic Materials Co., Ltd., a wholly-owned subsidiary. The implementation site was adjusted to Phase II of the Yaozhuang Economic Development Zone in Jiashan County. The construction period was extended from 3 to 5 years. Production is expected to reach production on December 31, 2031. The annual production capacity remains unchanged, with a total project investment of 276 million yuan. The matter still needs to be reviewed by the shareholders' meeting and does not involve related transactions or major asset restructuring.