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Jilin Chemical Fibre Ties Up With Two Entities to Set Up 1.15 Billion Yuan Venture
Market Cool On Jilin Chemical Fibre Stock Co.,Ltd's (SZSE:000420) Revenues
Jilin Chemical Fibre Stock (000420.SZ) plans to invest 650 million yuan to establish a joint venture subsidiary.
On June 25th, Gelunhui reported that Jilin Chemical Fiber (000420.SZ) recently signed a "Cooperation Agreement" with Jilin Provincial Equity Investment Co., Ltd. and Jilin Province Jichuang Special New Venture Capital Partnership Enterprise (Limited Partnership) to establish a joint venture company named "Jilin LvXian High-Tech Co., Ltd." (tentative name with the specific name subject to the final approval of the market supervision and administration department, hereinafter referred to as the "target company" "joint venture company"). The registered capital of the joint venture company is 1,150 million yuan, and the company contributes 650 million yuan in currency and physical assets, accounting for 56.52%. The establishment of the joint venture subsidiary has been announced.
Jilin Chemical Fiber (000420.SZ): currently has a carbon fiber composite production capacity of 12,000 tons/year
Gelonghui May 30丨Jilin Chemical Fiber (000420.SZ) held a performance briefing on May 29, 2024 to discuss “How much carbon fiber is being produced this year?” The company replied that the company currently has a carbon fiber composite production capacity of 12,000 tons/year.
Jilin Chemical Fiber (000420.SZ): Carbon fiber can be applied to many fields. Currently, the actual orders are mainly in the field of wind power
Gelonghui, May 30丨Jilin Chemical Fiber (000420.SZ) held a performance briefing on May 29, 2024 to discuss “Is the carbon fiber produced by the company a mid-range or high-end wire?” The company replied that the company's carbon fiber can be applied to many fields. Currently, the actual orders are mainly in the field of wind power. The company is jointly developing and improving cooperation with various partners in the carbon fiber industry chain to seek more carbon fiber applications in various fields.
Jilin Chemical Fibre Stock Co.,Ltd (SZSE:000420) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
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