Nanjing Julong Plans to Invest 110 Million Yuan to Build South China Production Base
January 20,Nanjing Julong Announcement: Acquisition plan to establish a wholly-owned subsidiary in Huizhou City, Guangdong ProvinceHuizhou Julong New Materials Technology Co., Ltd. The company will invest 110 million RMB to construct a production line with an annual capacity of 60,000 tons of modified plastics.
This move aims to further expand the South China market and enhance service capabilities for customers in the region, while creating synergies with the Nanjing headquarters, the Chuzhou facility in Anhui, and the Mexican factory.
Upon completion of the project, the company is expected to enhance its capabilities in New energy vehicles, electronics and electrical appliances, humanoid robots, etc. materials supply capabilities and solidify its position in High-speed rail nylon materials, automotive modified plasticsDespite potential risks such as changes in the macroeconomic environment, adjustments in industry policies, and fluctuations in raw material prices, the company stated that it will address these challenges through differentiated product strategies and continuous R&D investment.
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