Oriental Yuhong intends to raise 1.5 billion yuan to build a special coating project

On July 26, Oriental Yuhong (002271) issued an announcement stating that in order to further expand the company’s production capacity in East China, promote the continuous optimization of production capacity distribution, and promote the realization of the strategic goal of “penetrating the whole country”, the company intends to use self-raised funds in Zhejiang Hangzhou Jiande City invested RMB 1.
5 billion in the construction of a special coating production project
.
?? This time it is planned to use self-raised funds to invest in the construction of special coatings production projects, aiming to make full use of its vast market space and three-dimensional transportation location advantages, further expand the company's production capacity of special coatings in East China, and promote the continuous optimization of production capacity distribution.
Further promote the development of the coating industry toward environmental protection, economy, high performance, etc.
, and at the same time help integrate local marketing resources, expand the company’s market in East China, increase the company’s product coverage and market share in the region, and help the company It is in the interest of all shareholders of the company to lay a solid foundation for sustained and stable development in the future
.