Huigu New Materials announced that it is proposed that Zhuhai Huigu New Material Technology Co., Ltd., a wholly-owned subsidiary of the company, will use the overfunded capital to invest in the construction of the Zhuhai Huigu Functional Materials Construction Project. The total investment of the project is estimated to be 450 million yuan, and it is intended to use the overraised capital of 225 million yuan.

Huigu New Materials announced that it is proposed that Zhuhai Huigu New Material Technology Co., Ltd., a wholly-owned subsidiary of the company, will use the overfunded capital to invest in the construction of the Zhuhai Huigu Functional Materials Construction Project. The total investment of the project is estimated to be 450 million yuan, and it is intended to use the overraised capital of 225 million yuan.