Investment Overview
Investment Basic Situation
To enhance production capacity, reduce production costs, and strengthen market competitiveness, Shandong Baoma Biological Chemical Co., Ltd. (hereinafter referred to as "the Company") plans to invest in the construction of a polyacrylamide (PAM) and oilfield additive project (hereinafter referred to as "the Project").
Company Situation
The Company held the 17th meeting of the seventh board of directors on June 2, 2026, and approved the investment in the PAM and oilfield additive projects. The total investment is RMB 86.3 million.
Based on the relevant regulations of the Shenzhen Stock Exchange, the Company will not submit the project for approval at the shareholders' meeting.
Basic Information on the Company
(1) Company Name: Shandong Baoma Biological Chemical Co., Ltd.
(2) Registered Address: No. 0, Industrial Road, Dongying District, Shandong Province