Xingxin New Materials: The company signed a "Project Settlement Agreement" with the Management Committee of Hangzhou Bay Shangyu Economic and Technological Development Zone.

Sina Finance reported on March 30th that Xingxin New Materials announced that the company has signed a "Project Settlement Agreement" with the Management Committee of Hangzhou Bay Shangyu Economic and Technological Development Zone, planning to invest 555 million yuan to build a "annual production of 33,760 tons of electronic chemicals project". The project is expected to have a construction period of 3 years, with fixed asset investment of 378 million yuan. According to the agreement, the agreement must be formally effective after being approved by the company's board of directors. The pre-signing of the agreement this time is mainly based on the need for pre-approval procedures for the project.