Shanghai Baolijia Chemical Co.Ltd(301037) it is proposed to invest about 350 million yuan to build a 200000 ton resin production line and supporting infrastructure

Shanghai Baolijia Chemical Co.Ltd(301037) it is announced that the company plans to sign the project investment agreement with the Management Committee of Henan Puyang Industrial Park. The company plans to invest in the construction of 200000 ton resin production line and supporting infrastructure in Henan Puyang Industrial Park, with a total investment of about 350 million yuan. After the completion of the project, it is expected that the annual output value will be 1 billion yuan and the annual tax will be 30 million yuan.