Kangnate plans to invest in the second phase of Jiangsu Contech Optical Co., Ltd. in the Binhai Industrial Park, Qidong, Jiangsu Province. The total investment is expected to be approximately 40 million yuan. The company will add 30 million yuan to Jiangsu Connet to implement the project.
Connett announced on August 19 that the company plans to invest in the construction of Jiangsu Kangate Optical Co., Ltd. Phase II project in Binhai Industrial Park, Qidong, Jiangsu. The second phase of the project is located adjacent to the company's fundraising project, Jiangsu Qidong resin lens production base construction project, with a total construction area of ​​41,000 预计. It is estimated that the total investment will be about 40 million yuan, all of which will be invested by the company’s own funds.
The second phase of the project was implemented by the company’s wholly-owned subsidiary, Jiangsu Contech Optical Co., Ltd., and the company increased capital of RMB 30 million to Jiangsu Connet.
The company stated that after the completion of the second phase of the project, it will further expand the production capacity of the 1.499 and 1.56 series resin lenses to meet the growing demand of the market for this product. The 1.499 and 1.56 series resin lenses have a huge market capacity, periodicity is weak, and the market demand is relatively stable. The construction of the project will provide the company with a stable and reliable source of profit, which is in line with the company's overall development strategy and layout plan.
Connett announced on August 19 that the company plans to invest in the construction of Jiangsu Kangate Optical Co., Ltd. Phase II project in Binhai Industrial Park, Qidong, Jiangsu. The second phase of the project is located adjacent to the company's fundraising project, Jiangsu Qidong resin lens production base construction project, with a total construction area of ​​41,000 预计. It is estimated that the total investment will be about 40 million yuan, all of which will be invested by the company’s own funds.
The second phase of the project was implemented by the company’s wholly-owned subsidiary, Jiangsu Contech Optical Co., Ltd., and the company increased capital of RMB 30 million to Jiangsu Connet.
The company stated that after the completion of the second phase of the project, it will further expand the production capacity of the 1.499 and 1.56 series resin lenses to meet the growing demand of the market for this product. The 1.499 and 1.56 series resin lenses have a huge market capacity, periodicity is weak, and the market demand is relatively stable. The construction of the project will provide the company with a stable and reliable source of profit, which is in line with the company's overall development strategy and layout plan.
Weiye Machinery Equipments Co., Ltd. , http://www.xichengjixie.com