On July 18, the global photovoltaic positive silver paste leader and materials announced the use of some over-raised funds to invest in the construction of new projects. The company intends to use a total of 322 million yuan of over-raised funds to invest in the construction of high-end photovoltaic electronic materials base project and special electronic functional materials and metal powder materials research and development center project of Jiangsu Deliju New Materials Co., Ltd. The High-end Photovoltaic Electronic Material Base Project
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Jiangsu Deliju New Materials Co., Ltd. is constructed by Jiangsu Deliju New Materials Co., Ltd., a wholly-owned subsidiary of Polymeric Materials, covering an area of about 60 mu, with an annual output of 3,000 tons of electronic-grade silver powder. Supporting utilities, tank farm, warehouse and auxiliary facilities, etc. The total investment of the project is estimated to be 1.201 billion yuan, and the amount of over-raised funds to be used is 224 million yuan. After the project is put into production, the company will have an annual production capacity of 3,000 tons of electronic grade silver powder. Special Electronic Functional Materials and Metal Powder Materials R & D Center Construction Project
Changzhou Juhe New Materials Co., Ltd. plans to build a special electronic functional materials production and metal powder R & D center with an annual output of 5,000 tons, as well as supporting utilities, warehouses and auxiliary facilities. The estimated investment of the project is about 300 million yuan, and the amount of over-raised funds to be used is 98.9625 million yuan. After the project is put into production, the company will have an annual production capacity of 5,000 tons of special electronic functional materials and metal powder.
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