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Annuo announced that the company held the 23rd meeting of the 6th board of directors on December 26, 2025 to review and pass the “Proposal on Termination of Investment in the Construction of a 50,000 ton Dye Intermediate Project” and agreed to stop investing in the construction of the 50,000 ton dye intermediate project. The company originally planned to use its wholly-owned subsidiary Yantai Anoqi Fine Chemical Co., Ltd. as the implementing entity to invest in the construction of the project. The total investment of the project was 421 million yuan. As of the announcement and disclosure date, the total investment was RMB 43.2619 million. The reason for the termination of investment and construction was due to major changes in the market environment, related industrial policies, etc., leading to greater uncertainty in project implementation and expectations. The company decided to stop investing in the construction of the project in order to optimize resource allocation and properly handle the invested resources.

智通財經·12/26/2025 08:41:06
語音播報
Annuo announced that the company held the 23rd meeting of the 6th board of directors on December 26, 2025 to review and pass the “Proposal on Termination of Investment in the Construction of a 50,000 ton Dye Intermediate Project” and agreed to stop investing in the construction of the 50,000 ton dye intermediate project. The company originally planned to use its wholly-owned subsidiary Yantai Anoqi Fine Chemical Co., Ltd. as the implementing entity to invest in the construction of the project. The total investment of the project was 421 million yuan. As of the announcement and disclosure date, the total investment was RMB 43.2619 million. The reason for the termination of investment and construction was due to major changes in the market environment, related industrial policies, etc., leading to greater uncertainty in project implementation and expectations. The company decided to stop investing in the construction of the project in order to optimize resource allocation and properly handle the invested resources.