301665SZSE
🚨 Material Event

Announcement on Progress of Egypt Pesticide and Functional Chemical Project Investment

CAC Nantong Chemical Co., Ltd.··3 pages

✨ AI Summary

Nantong Taihe Chemical Co., Ltd. announces progress on its Egypt pesticide and functional chemical project. The company has received project filing and overseas investment permits from Jiangsu authorities. This marks a significant step in the project's internationalization strategy, enhancing its global production and service network.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 301665 Securities Abbreviation: Taihe Shares Announcement No.: 2026-032

Nantong Taihe Chemical Co., Ltd.

Announcement on Progress of Egypt Pesticide and Functional Chemical Project Investment

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

I. Overview of Overseas Investment

Nantong Taihe Chemical Co., Ltd. (hereinafter referred to as the "Company") held its third Board of Directors meeting, the eighteenth meeting, on May 19, 2025, and deliberated and approved the "Proposal on Investment in the Construction of Egypt Pesticide and Functional Chemical Project." The Company agreed to construct a pesticide and functional chemical project in Egypt with an annual output of 80,000 tons and an investment amount not exceeding USD 150 million (hereinafter referred to as the "Egypt Pesticide and Functional Chemical Project"). For specific details, please refer to the "Announcement on Investment in the Construction of Egypt Pesticide and Functional Chemical Project" (Announcement No.: 2025-025) published by the Company on the CNinfo website, the designated information disclosure platform of the Shenzhen Stock Exchange's ChiNext market, on May 19, 2025.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.