B · Normal
[Stick: Plans to invest 1.652 billion yuan to build a high-end functional BOPET base film expansion project with an annual output of 103,000 tons] On September 23, Stickick (300806.SZ) announced that the company’s board of directors reviewed and approved the proposal, which is planned to be a wholly-owned subsidiary Jiangsu Xingyuantai New Material Technology Co., Ltd. is investing in and constructing a high-end functional BOPET base film expansion project with an annual output of 103,000 tons. The total investment in the project is expected to be 1.652 billion yuan. The source of funds is its own and self-raised funds. The construction site is located in Sihong, Jiangsu.
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