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Guoen Co.
, Ltd.
recently stated that the advanced polymer composite material project invested by the company's holding subsidiary Guoen Composite Materials as the main body of non-public issuance of shares to raise funds has been partially put into production
.
The above projects were invested and constructed by Guoen Co.
, Ltd.
in 2017 to raise 750 million yuan of funds
.
Guoen Co.
, Ltd.
stated that after the implementation of the advanced polymer composite material project, the proportion of the company's high-end products will be increased, the business structure will be enriched, and the company's sustainable operation capability will be further enhanced
.
In recent years, the global advanced polymer composite material industry has flourished.
Some institutions predict that the global composite material market will exceed 100 billion US dollars in 2021, so this project is also favored by the market
.