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Yuntianhua announced that Tianju New Materials, a wholly-owned subsidiary of the company, plans to invest 1,857 million yuan to build a 100,000 tons/year high-end copolymer formaldehyde resin project, investing 557 million yuan of its own capital, and settling the rest through bank loans, etc. The project is expected to start in December 2026, with an estimated return on investment of 11.82%. The project has been approved by the board of directors and will be submitted to the shareholders' meeting for consideration. The project has risks such as construction progress and benefits falling short of expectations, financial security, and process technology.

Zhitongcaijing·07/17/2026 08:09:03
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Yuntianhua announced that Tianju New Materials, a wholly-owned subsidiary of the company, plans to invest 1,857 million yuan to build a 100,000 tons/year high-end copolymer formaldehyde resin project, investing 557 million yuan of its own capital, and settling the rest through bank loans, etc. The project is expected to start in December 2026, with an estimated return on investment of 11.82%. The project has been approved by the board of directors and will be submitted to the shareholders' meeting for consideration. The project has risks such as construction progress and benefits falling short of expectations, financial security, and process technology.