Boqian New Materials announced that it plans to invest approximately Yuan 202 million in new projects, with the company and its subsidiaries, Jiangsu Guangyu Energy Storage Materials Co., Ltd. and Ningbo Guangqian Electronic Materials Co., Ltd., as the implementation entities. The projects include the "Fine Classification Capacity Expansion Project for Nano Metal Nickel Powder," the "Fine Classification Capacity Expansion Project for Nickel Powder of 200nm and Below," and the "Annual 600-tonne Ultrafine Metal Powder Materials Project," with respective investment amounts of approximately Yuan 35 million, Yuan 89 million, and Yuan 77.5 million, totaling approximately Yuan 202 million. The projects are currently in the preliminary preparation stage and have not yet commenced construction.
Edited by Cui Yufeng, cuiyufeng@mysteel.com