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Yufu Co., Ltd.: Termination of the implementation of an annual production of 16,000 tons of dipped canvas and 6,000 tons of dipped tarpaulin
Youfu Co., Ltd. announced that the company has decided to terminate the implementation of the annual production of 16,000 tons of dipped tire fabric and 6,000 tons of dipped canvas. The project has been changed to “Green Intelligent Production Technology Transformation Project for the Annual Production of 13,000 Tons of Rubber Framework New Materials.” After the change, the total investment in the project is expected to be approximately 220 million yuan, and the final investment amount will be subject to the completion settlement amount.