Core Viewpoint - JinDan Technology (300829.SZ) announced an increase in investment for its 75,000 tons per year polylactic acid biodegradable material project due to prolonged construction periods and rising costs [1] Group 1: Project Investment - The project requires an additional investment of 148 million yuan, bringing the total estimated investment to 1.03 billion yuan [1] - The increase in costs is attributed to the rising prices of imported equipment and foreign exchange losses during the feasibility study and contract execution phases [1] - Additional investments were made to enhance the project's intelligence level and operational efficiency, including the construction of auxiliary facilities and technical service fees [1]

Core Viewpoint - JinDan Technology (300829.SZ) announced an increase in investment for its 75,000 tons per year polylactic acid biodegradable material project due to prolonged construction periods and rising costs [1] Group 1: Project Investment Details - The project requires an additional investment of 148 million yuan, bringing the total estimated investment to 1.03 billion yuan [1] - Factors contributing to the increased investment include rising costs of imported equipment, exchange rate fluctuations, and additional investments in auxiliary facilities and technical services to enhance operational efficiency [1]