Jade Horse Technology: Intends to invest in the construction project of a new functional sunshade material with an annual production of 16 million square meters.

date
21/04/2026
Yuma Technology Announcement: The company held its sixth meeting of the third board of directors on April 21, 2026, and approved the proposal for the investment and construction of a new project for the production of 16 million square meters of functional sunshade materials annually. In order to comply with the national industrial policy guidelines, seize the development opportunities in the functional sunshade materials market, and expand the company's production scale, the company plans to invest in the construction of a new project for the production of 16 million square meters of functional sunshade materials annually. The project is planned to purchase land on the south side of the company's existing production base, construct a new production plant and supporting facilities, introduce advanced production equipment from both international and domestic sources, and expand the company's production capacity of functional sunshade materials. The total investment of the project is 400 million yuan, of which 248 million yuan will be invested in construction, 115 million yuan in equipment purchase and installation, 18.163 million yuan in preparation expenses, and 18.443 million yuan in initial working capital. The project funds will come from the company's own funds or self-raised funds. According to the feasibility study report, after reaching full production capacity, the project is expected to generate an additional annual operating income of 184 million yuan, a net profit of 46.6676 million yuan, an investment profit rate of 10.77%, and an internal rate of return of 18.85%. The investment payback period is estimated to be 7.24 years, and the breakeven point is when the production capacity utilization reaches 43.38% in the year of reaching full production.