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Fuchun Dyeing and Weaving (605189.SH): Plans to invest in the construction of a fiber dyeing construction project with an annual output of 30,000 tons

author:Finance

On November 16, Gelonghui announced that the company intends to sign 605189.SH an investment agreement with the Management Committee of Wuhu Economic and Technological Development Zone on the "Annual Output of 30,000 Tons of Fiber Dyeing Construction Project", with a total investment of about 500 million yuan. Project scale: construction of an annual output of 30,000 tons of fiber dyeing construction project; construction period of 24 months, it is planned to purchase about 100 acres of land in the Qiaobei Industrial Park of Wuhu Economic and Technological Development Zone (the specific final measurement of the red line map prevails).

The company intends to set up a wholly-owned subsidiary name: Anhui Fuchun Color Spinning Co., Ltd. (tentative name), with a registered capital of 30 million yuan. The project construction period is 24 months, and it is planned to purchase about 100 mu of land, the nature of the land is industrial land, the type of use is transfer, and the transfer period is 50 years.

The land to be purchased for the construction project with an annual output of 30,000 tons of fiber dyeing is ultimately subject to the relevant agreements or documents actually signed by the company and the specific content of the land use rights purchased (including but not limited to the specific location of the plot, the transaction amount and the land area).

This article originated from Grand Gateway

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