Securities Code: 300905
Securities Abbreviation: Baolidi
Announcement No.: 2026-035
Suzhou Baolidi Material Technology Co., Ltd.
Announcement on the Proposed Signing of an Industrial Project Entry Contract with Jiangsu Siyang Economic Development Zone Management Committee
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
I. Overview of External Investment
To further optimize production layout and enhance intelligent manufacturing capabilities, Suzhou Baolidi Material Technology Co., Ltd. (hereinafter referred to as the "Company") plans to relocate, upgrade, renovate, and expand its existing production capacity. The Company intends to sign an "Industrial Project Entry Contract" (hereinafter referred to as the "Contract") with the Jiangsu Siyang Economic Development Zone Management Committee (hereinafter referred to as the "Siyang Economic Development Zone Management Committee") regarding the construction of a new production base for chemical fiber masterbatch, special fiber, and functional new materials in the Siyang Economic Development Zone. The total investment for the project is approximately RMB 300 million (the specific amount is subject to actual investment), with a planned land area of approximately 100 mu. Concurrently, the Siyang Economic Development Zone Management Committee plans to acquire or revitalize the land and above-ground buildings of Baolidi (Suqian) Material Technology Co., Ltd., a wholly-owned subsidiary of the Company, located on Wujiang Road in Siyang, with the price to be determined by market appraisal.