Kangda New Materials (002669.SZ) plans to invest 425 million yuan to build a wind power blade structural adhesive and vacuum filled epoxy resin glue production and construction project

According to Zhitong Finance App, Kangda New Materials (002669.SZ) announced that the company plans to invest in the construction of a “production and construction project with an annual output of 35,000 tons of wind power blade structural adhesive and 80,000 tons of wind power blade vacuum injection epoxy resin glue” through its wholly-owned subsidiary, Tangshan Fengnan District, Kangda Chemical New Materials Co., Ltd., with a total planned investment of 425 million yuan. The project plans to reconstruct production lines and corresponding production capacity, install storage shelves, and transform the original storage tanks and corresponding pipelines in Sun Company's original project plant. It does not involve additional land use or project site selection.

Through the implementation of this project, the production capacity of the company's epoxy structural adhesives and epoxy injection resin products for wind power blades will be effectively increased, and large-scale production advantages will be built; at the same time, production process routes will be optimized simultaneously to effectively control and reduce raw material costs, and significantly reduce the company's overall operating costs, thereby further improving the profitability of the project. In addition, the project will further meet the company's future business development and market expansion needs, which is of positive and important significance in consolidating the company's market position within the industry and enhancing its core competitiveness.