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On March 12, Shandong Daon Polymer Materials Co.
, Ltd.
(hereinafter referred to as the "Company") signed the "Biodegradable Materials Project Investment Cooperation Agreement" with Daxin Sub-district Office, Jimo District, Qingdao City
.
, Ltd.
(hereinafter referred to as the "Company") signed the "Biodegradable Materials Project Investment Cooperation Agreement" with Daxin Sub-district Office, Jimo District, Qingdao City
.
The agreement stipulates that the company plans to invest 500 million yuan to build the Daon biodegradable material project in Jimo District, Qingdao City.
The project integrates the entire industrial chain of research and development, raw material production and modification, and product production .
Raw material particles, flexible packaging products, biodegradable straws, knives, forks, spoons, lunch boxes and plates and other catering supplies
.
After the project is put into operation, the output value is expected to be 1 billion yuan/year
It is agreed in the agreement that the company plans to invest 500 million yuan to build the Dawn biodegradable material projectinJimo District, Qingdao.
The company stated that this investment is based on the company's strategic layout and future development needs, which is conducive to further promoting the company's business development, improving the company's industrial layout, extending the company's degradable industrial chain, enhancing the company's market competitiveness, enhancing the company's comprehensive strength, and helping The company continues to develop healthily
On the same day, the company also issued an announcement saying that on the same day, the company also issued an announcement saying that onthe same day, the company also issued an announcement calledEnzhou's (Qingdao) Environmental New Materials Co.
, Ltd.
has a registered capital of 60 million yuan.
Subsidiaries implement the investment, construction and operation of the above projects.