GDM: To Resume The Construction Of A Production Line Of 2.4 Million Copper-clad Panels Per Year

- Aug 17, 2018-

In order to seize the market opportunity, the company decided to resume the construction of the second production line suspended in the "6.6 million copper-clad steel sheets per year project", namely 2.4 million copper-clad steel sheets per year, according to a statement issued by jin on the evening of July 23.After the production line was completed, the copper-clad capacity of linan project expanded to 17.4 million pieces per year.

Announcement, the company board of directors and board of supervisors in August 29, 2012, examined and approved the "about registration established Jin Anguo ji technology (hangzhou) co., LTD. (chips) and production of high-grade copper clad laminates in the construction of investment project of the bill (the" Jin Anguo ji technology (hangzhou) co., LTD. "hereinafter referred to as" hangzhou ji ", "the annual output of 10.2 million high-grade copper clad and sold half 6 million meters curing project" referred to as "linan projects").Since April 17, 2014, the project has entered the stage of full production and normal production and sales.On April 21, 2015, the board of directors of the company reviewed and adopted the proposal on additional investment in linan project, and agreed that the company would invest an additional 11,000 RMB yuan in hangzhou guoji, and add the construction of "annual output of 6.6 million pieces of high-grade copper clad boards in China" on the basis of the original project, with a construction period of 14 months.

In June 2016, the first production line of this project, namely the annual production capacity of 4.2 million pieces of medium and high grade copper clad plate production line, has been fully constructed, officially put into production, and the product quality and stability have all met the design requirements.The production line is under normal production and sales.At that time, according to the market situation, the company decided to postpone the construction of the second production line of the project after careful consideration.

In order to seize the market opportunity, the company decided to resume the construction of the second production line of the project, namely the annual production of 2.4 million copper-clad products.After the production line was completed, the copper-clad capacity of linan project expanded to 17.4 million pieces per year.The construction of this production line will expand the company's production capacity, enrich the company's product structure, increase the diversity of copper-clad products, strengthen the company's competitiveness in the market segment, further improve the company's product advantages, consolidate the company's market position in copper-clad industry, and improve the company's overall comprehensive competitiveness.