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Lanyu Co., Ltd.: Plans to invest 500 million yuan in Zhuhai City, Jinwan District, to build a high-end digital inkjet printing equipment and supporting ink production base project
Lanyu Co., Ltd. announced that the company plans to sign a project investment agreement with the Zhuhai Jinwan District People’s Government. The plan is to invest in the construction of a high-end digital inkjet printing equipment and supporting ink production base in Zhuhai Jinwan District through its wholly-owned subsidiary Zhuhai Lanwan Inkjet Technology Co., Ltd. The total planned investment for the project is 500 million yuan, funded by self-raised or internally sourced funds. The project includes the research and development and manufacturing of high-end digital inkjet printing equipment and supporting inks. It is expected to commence construction within 12 months from the date of land delivery, be completed within 24 months, and go into operation within 6 months.