Subsidiary of Guangdong Decro Film New Materials (001378.SZ) plans to construct an upgrade and expansion project for electronic and new energy film materials, breaking through production capacity bottlenecks.
Delixi New Materials (001378.SZ) announcement, the company's board of directors approved the "Proposal on the Investment and Construction of Electronic and New Energy Film Material Upgrade and Expansion Project by the Company's Wholly-owned Subsidiary". The board agreed to allow the wholly-owned subsidiary Guangdong Delixi Packaging Materials Co., Ltd. (referred to as "Delixi Packaging") to invest in and construct the electronic and new energy film material upgrade and expansion project in ZTE Technology Park. The total investment is approximately 420 million yuan. The construction includes building factories, purchasing BOPP production lines, and supporting equipment, with the core products being electronic and new energy film materials, as well as adhesive-free film materials and other functional films.
Guangdong Decro Film New Materials (001378.SZ) announced that the board of directors has approved the "Proposal on the Investment and Construction of Electronic and New Energy Film Material Upgrade and Expansion Project by a Wholly-owned Subsidiary". The proposal allows the wholly-owned subsidiary, Guangdong Deguan Packaging Materials Co., Ltd. (referred to as "Deguan Packaging"), to invest in and construct the electronic and new energy film material upgrade and expansion project in ZTE Technology Park. The total investment is estimated to be approximately 420 million yuan. The construction includes factory building, purchase of BOPP production lines and supporting equipment, with the core products being electronic and new energy film materials, adhesive-free film materials, and other functional films.
This expansion project will help the company break through production capacity bottlenecks, optimize product structure, and increase market share.
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