Core Viewpoint - Company plans to invest approximately 10 billion yuan in a new production base for ethylene-based functional polyvinyl alcohol resin in Jiangsu Binhai Economic Development Zone, with a total area of about 1,000 acres [1] Group 1: Investment Details - The project will be constructed in two phases, with the first phase involving a production capacity of 200,000 tons per year for ethylene-based functional polyvinyl alcohol resin, along with supporting facilities for 360,000 tons per year of vinyl acetate and 300,000 tons of methyl acetate [1][2] - The total investment for the project is approximately 3.656 billion yuan, with construction investment accounting for about 3.432 billion yuan [2] Group 2: Company Structure and Financing - A new entity, Jiangsu Wanwei New Materials Co., Ltd., will be established to implement the project, with a registered capital of 1 billion yuan, where the company will hold 80% equity [1][2] - The remaining 20% equity will be held by a state-owned company under the Binhai County Coastal Investment Development Co., Ltd., which will contribute 200 million yuan [1][2]
皖维高新(600063.SH)：拟投资新建年产20万吨乙烯法功能性聚乙烯醇树脂项目