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China Jushi Co., Ltd (600176.SH): A subsidiary plans to carry out a technical modification and expansion project for a production line of 0.2 million tons of Fiberglass pool kiln continuous filament annually.
On December 27, Glonghui reported that China Jushi Co., Ltd (600176.SH) announced that its wholly-owned subsidiary Jushi Group Co., Ltd. (referred to as "Jushi Group") plans to carry out a technical renovation and expansion project for an annual production capacity of 200,000 tons of Fiberglass pool kiln drawing production line, as the annual production capacity of 120,000 tons of Fiberglass pool kiln drawing production line at Jushi Group's Tongxiang base has reached its design life limit. To enhance the efficiency of resource utilization, reduce production costs, and further improve management and control levels, Jushi Group intends to implement cold modification of the production line. This investment project will integrate the company's latest kiln technology, Intelligent Manufacturing technology, and other construction schemes. After the renovation is completed,
China Jushi Co., Ltd (600176.SH): Plans to jointly increase capital of 0.5 billion yuan in Jushi Huai'an.
Gelonghui, December 27, reports that China Jushi Co., Ltd (600176.SH) announced that to accelerate the construction of the Jushi Huai'an Intelligent Manufacturing Base project, enhance the market competitiveness and industry position of Jushi Huai'an, and improve profitability, the company's wholly-owned subsidiary Jushi Group and wholly-owned grandson company Jushi Hong Kong plan to increase capital for Jushi Huai'an in cash for 500 million yuan, of which 499.8834 million yuan will enter the registered capital and 0.1166 million yuan will enter the capital reserve. After the capital increase is completed, Jushi Huai'an's registered capital will change to 999.8834 million yuan.
Express News | China Jushi Says Subsidiary Plans to Build Glass Fibre Production Project With 5.8 Bln Yuan Investment
China Jushi Co., Ltd (600176.SH): Produces related products to bond with Resin to form PEEK reinforced composites.
Gelonghui, December 13th丨China Jushi Co., Ltd (600176.SH) stated on the interactive platform that the company has started research on related fiberglass products and is producing related products to combine with Resin to form PEEK reinforced composites.
China Jushi Co., Ltd (600176.SH): does not directly produce prepreg products.
On December 13, Gelonghui reported that China Jushi Co., Ltd (600176.SH) stated on the interactive platform that prepreg is a composite material made from Fiberglass as the raw material, combined with Resin, and the company does not directly produce prepreg products. As one of the leading enterprises in the Fiberglass Industry, the company has world-class core independent intellectual property rights in high-performance glass formulas, the design and development of ultra-large fiberglass pool furnaces, Intelligent Manufacturing, and green manufacturing, with the proportion of high-end products continually increasing. In the future, the company will develop more products through comprehensive technological innovation and increased R&D investment, further enhancing the proportion of high-end products and driving the Fiberglass Industry.
China Jushi Co., Ltd (600176.SH): Issuance of 1 billion yuan medium-term notes has been approved for registration.
On December 13, Gelonghui reported that China Jushi Co., Ltd (600176.SH) announced that it has recently received a "Registration Acceptance Notice" (Zhong Shi Xie Zhu [2024] MTN1249) from the National Association of Financial Market Institutional Investors (hereinafter referred to as the "Trade Association"), agreeing to accept the company's medium-term note registration. The related matters are announced as follows: 1. The company's medium-term note registration amount is 1 billion yuan, and the registration quota is valid for two years from the date of the notice, with Agricultural Bank Of China as the lead underwriter. 2. The company may issue medium-term notes in installments within the validity period of the registration, and if further preparation is needed after the registration is accepted,
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