On September 18th, Lemin Group (002734.SZ) announced that its wholly-owned subsidiary, Lemin Chemical Co., Ltd. (hereinafter referred to as "Lemin Chemical"), has obtained the "Jiangsu Province Investment Project Filing Certificate" (Filing Certificate No.: Xugongxinbei (2024) No. 3) issued by the Xuzhou Industrial and Information Technology Bureau. The specific details are as follows:
I. Project Name
Newly Built 100-ton Annual Output of High-Efficiency Multi-functional Plant Protection Raw Material Technological Transformation Project
II. Registration and Approval Institution
Xuzhou Industrial and Information Technology Bureau
III. Project Overview
In order to further enhance the company's core competitiveness, it plans to invest in the construction of this project. The project is expected to have an investment of 50 million yuan and will have an annual production capacity of 100 tons of fluopyram active pharmaceutical ingredient products after completion.