Total investment of 420 million! Sichuan Dongshi Laiwurunda Qiang strong joint proposed to build an annual output of 60,000 tons of special epoxy resin project!

On August 19th, Dongshi Technology released the "Plan for the Non-public Issue of A-shares in 2020", in which the total amount of funds raised from a non-public offering shall not exceed RMB 800 million (including this amount), and the net amount of funds raised shall be invested in the following projects:
100 million square meters of functional film materials industrialization project: the project construction period of 3 years, the project production scale is determined to be an annual output of 100 million square meters of functional film materials, the main products are mucous film reduction, OLED process protection film and flexible panel functional tape.
production of 5200 tons of high-frequency high-speed printed circuit board special resin materials project: the project construction period of 2 years, the main products of the project are electronic-grade crystalline double Malayamide resin, electronic grade amorphoine double Malayamide resin, low dielectric active ester curing agent resin and low dielectric thermostatide resin.
production of 60,000 tons of special epoxy resin and intermediates project: the total investment of 420 million yuan, the construction site is located in Dongying City, Shandong Province, Kenli Shengxuan Chemical Industry Park, the construction period of 18 months, the main implementation of Shandong Amont New Materials Co., Ltd., the project products for bisphenol A epoxy resin, bisphenol F epoxy resin, bisypeene epoxy resin and other special epoxy resins and resin intermediates
Seinding Shandong Aymont
it is worth noting that the project's partners Shandong Laiwu Runda New Materials Co., Ltd., the main body of the project implementation is Shandong Aymont New Materials Co., Ltd., according to tian-eye data show that laiwurunda previously held 85% of Shandong Aymont shares, its controlling shareholder.
August 18, Sichuan Dongshi Technology and Shandong Laiwu Runda, Li Changbin, Shandong Aymont New Materials jointly signed the "capital increase agreement", the company and Shandong Runda proposed to increase capital to Shandong Aymont.
among them, the company intends to increase its capital by RMB39 million with its own capital, with a new registered capital of RMB39 million, and Shandong Runda intends to increase its capital by RMB 1 million with a new registered capital of RMB 1 million. Upon completion of this capital increase, Dongshi Technology will hold a 65.00% stake in Shandong Aymont and become its controlling shareholder.
According to the stock plan, the project gives full play to the respective advantages of the company and Shandong Runda, the company in the electronic materials, insulation materials, composite materials and other fields of application technology, resin synthesis and modified technology, sales channels, brands and other advantages, combined with Laiwu Runda in high-performance resins and key intermediates research and development, production, application and other advantages, the two sides are committed to new, high-performance special epoxy resin and its key intermediates development and production, breaking the monopoly of high-performance epoxy resins abroad, to promote China's electronic materials, composites and other industries.
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