Lianchuang Group (300343.SZ) subsidiary plans to invest 550 million yuan in building a 12,000 tons/year VDF and supporting industrial chain product project.

The Zhixin Finance APP News, Lianchuang shares (300343.SZ) announced that, in response to market demand and in accordance with the company's development and planning, the company's controlling subsidiary Inner Mongolia Lianhe Fluorocarbon New Materials Co., Ltd. (hereinafter referred to as "Inner Mongolia Lianhe") plans to invest in the construction of a 12,000 ton/year VDF and supporting industrial chain products project in the Hainan High-tech Industrial Development Zone (Low Carbon Industry Park) in Wuhai, Inner Mongolia. The project construction content includes a 12,000 ton/year VDF (vinylidene fluoride), 21,000 ton/year R142b (dichlorofluoroethane), and 25,000 ton/year R152a (difluoroethane) production capacity, as well as the establishment of production supporting facilities. The total investment in the project construction is approximately RMB 550 million.