Tongling Nonferrous Metals Group Co.Ltd(000630) : it is planned to expand the 20000 ton electronic copper foil project in Tongling

Tongling Nonferrous Metals Group Co.Ltd(000630) april 13 announced that the company plans to expand the 20000 ton electronic copper foil project in Tongling. The main body of the project is Tongling Copper foil, a wholly-owned subsidiary of Anhui Tongguan copper foil Group Co., Ltd. At the same time, Tongling Copper foil, Tongling Municipal People’s government and Tongling Economic and Technological Development Zone Management Committee signed the investment agreement and supplementary agreement for the electronic copper foil project with an annual output of 20000 tons in Tongling City, Anhui Province on April 13, 2022. The total investment of the project is about 1.7 billion yuan. It is constructed in two phases, each of which forms an electronic copper foil production capacity of 10000 tons / year. The first phase of the project is planned to start in 2022; The specific construction plan and time of phase II project are to be determined, which shall be subject to the project implementation plan. The project will be wholly invested by Tongling Copper foil.