Shenzhen Xinxing announced that Zhejiang Xinxing Lingchuan New Material Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to sign a “Project Investment Agreement” with the Yangtze River Delta Industrial Cooperation Zone Management Committee to invest in the construction of an aluminum-based high-end new material project with an annual output of 20,000 tons. The first phase of the investment amount is 400 million yuan. The planned land for the project is about 150 acres, and the construction period is 18 months. The project is currently in the early stages of preparation.

Shenzhen Xinxing announced that Zhejiang Xinxing Lingchuan New Material Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to sign a “Project Investment Agreement” with the Yangtze River Delta Industrial Cooperation Zone Management Committee to invest in the construction of an aluminum-based high-end new material project with an annual output of 20,000 tons. The first phase of the investment amount is 400 million yuan. The planned land for the project is about 150 acres, and the construction period is 18 months. The project is currently in the early stages of preparation.