B · Normal
[*ST Jinghua: Subsidiary plans to invest 1.255 billion yuan in building high-end functional components project for intelligent manufacturing] On November 11, *ST Jinghua (600889.SH) announced that the company's wholly-owned subsidiary Nanjing Process Equipment Manufacturing Co., Ltd. plans to sign an investment agreement with the Nanjing Jiangning Binjiang Economic Development Zone Management Committee to invest in the construction of an "intelligent manufacturing high-end functional components industrialization project" with a total investment of approximately 1.255 billion yuan, of which construction investment is approximately 1.221 billion yuan. The project will be implemented in two phases. The first phase is planned to start before the end of June 2027 and be completed within three years. All investments will be completed by the end of 2035 at the latest. The main products of the project include high-end ball screw sets, high-end rolling guide sets, etc., with an estimated investment return rate of 14.36%. The source of funds is 50% each of self-owned funds and self-raised funds. This matter has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for review.
A-share announcement express 🕐 2026-11-11 17:07

Related telegraphs

Comments

0/500
Captcha (click to refresh)
No comments yet