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Jushun announced that the company signed a strategic cooperation framework agreement with the Tengzhou Municipal People's Government.
The company plans to invest in a polyamide 6 chip project in Tengzhou and set up a new company.
The project is located in the Lunan High-tech Chemical Park
.
Jushun said that the signing of the above cooperation agreement is in line with the company's strategic development needs.
The development will not have a significant impact on the company's operating performance in 2020
.