Treasure Color Co., Ltd. (300402.SZ) plans to invest 970 million yuan to build a high-end ultra-large equipment intelligent manufacturing project.

Wisdom Finance and Economics APP news, Baose Corporation (300402.SZ) announced that the company plans to invest in the construction of the "Baose high-end overlimit equipment intelligent manufacturing project" in Jiangning Binjiang Economic Development Zone, Nanjing, and has signed a "Project Investment Agreement" with the Management Committee of Jiangning Binjiang Economic Development Zone, Nanjing. The total investment of the project is 970 million yuan, covering an area of approximately 176 acres, with a total construction area of approximately 68,700 square meters. The project construction includes civil engineering, supporting public facilities, as well as procurement and installation of production equipment; the construction period is 36 months; the project is expected to reach an annual production capacity of 25,000 tons of large non-standard equipment when fully operational.