Nanjing Public Utilities Development (000421.SZ) issued an announcement to promote the development of related industries clustering, constructing a distinctive Nanjing...
Zhitong Finance APP News, Nanjing Public Utilities Development (000421.SZ) issued an announcement to promote the development of related industries clustering, constructing a distinctive Nanjing circular economy ecosystem for recycling of waste materials, investing in the construction and operation of recycling industry facilities, creating a waste material recycling industry system, advancing circular economy industry layout around battery comprehensive utilization project. The company's subsidiary, Nanjing Public Utilities Ganfeng Circular Technology Co., Ltd. (referred to as 'Public Utilities Ganfeng Circular'), plans to invest in building a 0.1 million tons/year battery comprehensive utilization project, with a total estimated investment not exceeding 0.5 billion yuan, including but not limited to purchasing land, constructing factories and ancillary facilities, purchasing machinery and equipment, and working capital, etc.
