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Signing contract for Changhong Biodegradable New Material Industrial Park

 Last Update: 2022-04-02
 Source: Internet
 Author: User

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On October 29 , Changhong Hi-Tech announced that the company signed the "Full Biodegradable New Material Industrial Park Project Investment Agreement" with the People's Government of Shengzhou City, Zhejiang Province.

According to the announcement, the fully biodegradable new material industrial park project plans to use 213 acres of land.

Changhong Hi-Tech stated that the project meets the requirements of the national industrial policy for reducing environmental pollution.

The latest financial report shows that in the first three quarters of 2020, Changhong Hi-Tech achieved operating income of 884 million yuan, a year-on-year increase of 21.
41% ; net profit attributable to shareholders of listed companies was 157 million yuan, a year-on-year increase of 32.
93% ; basic earnings per share were 0.
38 yuan, a year-on-year increase An increase of 31.
03% .

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