On May 23, 2022, the company signed a contract with Fujian Huicheng New Materials Co., Ltd. for 18 composite plate containers, with a contract amount of 13.3 million yuan. The main material is Q345R+S30403.
Fujian Huicheng New Materials Co., Ltd. is a wholly-owned subsidiary of Puyang Huicheng Electronic Materials Co., Ltd. (stock code: 300481). The total investment of the project is about 1 billion yuan, located in the Gulei Development Zone of Zhangzhou, covering an area of about 180 acres. The main construction is to produce 55000 tons of packaging materials and 100 tons of electronic chemical production lines annually.