Core Viewpoint - The company, Youcai Resources, has signed an investment agreement with the Qushui County People's Government to establish a composite new materials production base in Tibet, aiming to capitalize on development opportunities in the western region [1] Group 1: Investment Details - The company plans to invest approximately 150 million RMB in the project [1] - The construction aims to produce 30,000 tons of engineering composite materials annually, with a construction period of one year [1] - The production line will include 10,000 tons of functional filament cloth and 20,000 tons of filament geotextile [1] Group 2: Project Specifications - The project will involve the construction of new production facilities, a research and development office building, and a security office [1] - The total building area for the project is approximately 20,200 square meters [1]

Core Viewpoint - The company has signed an investment agreement with the Qushui County People's Government to invest approximately 150 million RMB in the construction of a composite new materials production base in Qushui County, Lhasa, Tibet, with an annual production capacity of 30,000 tons of engineering composite materials [1] Group 1: Investment Details - The planned investment amount is around 150 million RMB [1] - The project aims to establish a production line with an annual capacity of 30,000 tons of engineering composite materials, including 10,000 tons of functional long filament fabric and 20,000 tons of long filament geotextiles [1] - The overall construction period for the project is set at one year [1] Group 2: Project Specifications - The project will involve the construction of new production facilities, a research and development office building, and a security office, covering a total area of approximately 20,200 square meters [1] - The investment project is expected to promote localized production of engineering composite materials in the western region of China [1] Group 3: Strategic Implications - This initiative will enhance the company's market coverage and service response speed in the engineering new materials sector [1] - The project will contribute to the improvement of the company's regional industrial layout [1]

Core Viewpoint - The company has signed an investment agreement with the Qushui County People's Government to invest approximately RMB 150 million in the construction of a composite new materials production base in Qushui County, Lhasa, Tibet, with a production target of 30,000 tons per year [1] Investment Project Details - The project aims to establish a production line with an annual capacity of 30,000 tons of engineering composite materials, including 10,000 tons of functional long filament fabric and 20,000 tons of long filament geotextile [1] - The overall construction period for the project is set at one year, involving the construction of new production facilities, a research and development office building, and a security office, covering a total area of approximately 20,200 square meters [1] Strategic Implications - This investment project is expected to promote localized production of engineering composite materials in the western region, enhancing the company's market coverage and service response speed in the engineering new materials sector [1] - The project will also contribute to the company's regional industrial layout, improving its competitive position in the industry [1]