Core Viewpoint - China Jushi (600176.SH) plans to upgrade its wholly-owned subsidiary Jushi Group's Tongxiang production base, increasing the annual production capacity of its alkali-free glass fiber production line from 180,000 tons to 200,000 tons through a cold repair and technical transformation project [1] Group 1: Project Details - The cold repair project is estimated to take one year, with the start date depending on market conditions and the operation of the existing production line [1] - The total investment for the project is estimated at 951 million yuan, funded by the company's own resources and bank loans [1] - The project aims to enhance operational safety and efficiency by incorporating new technologies and equipment from the intelligent manufacturing base [1] Group 2: Operational Improvements - The company has established an intelligent manufacturing base in Tongxiang, which has significantly improved production efficiency and energy utilization [1] - The upgrades are expected to reduce operational costs, lower the defect rate of products, and shorten the product development cycle [1] - After the completion of the project, the expected return on investment is projected to be 15.51%, although this figure is not a commitment from the company [1]
中国巨石(600176.SH)子公司拟启动年产20万吨玻璃纤维池窑拉丝生产线冷修技改项目