Sinoma 89 Million 890 Thousand To Build A New Production Line To Strengthen Felt Material.

23 evening announcement, in order to adapt to the rapid development trend of filter materials in the power industry, the company intends to invest 30 million yuan in Sinoma technology membrane materials company (internal organization) to set up a wholly owned subsidiary of Sinoma technology membrane material (Shandong) Limited in Tengzhou, Shandong (hereinafter referred to as "membrane material Shandong"), to undertake the construction of "annual output of 5 million square meters of chemical fiber felt filtering material production line construction project".

After the establishment of membrane material Shandong,

"Annual output of 5 million square meters of chemical fiber felt filter material production line project" construction work.

The total investment of the project is 89 million 894 thousand and 400 yuan, the source of which is 27 million 161 thousand and 300 yuan of its own capital and 62 million 733 thousand and 100 yuan of bank loans, of which 27 million 161 thousand and 300 yuan is its own capital and 62 million 733 thousand and 100 yuan of bank loans.

The construction period is 6 months.

The project will acquire two German AUTEFA imported products and auxiliary equipment, and achieve the annual production capacity of 5 million square meters of chemical fiber felt filter material through technical pformation.

After consulting with the national cable, the company intends to purchase the two German AUTEFA imported felt production line and auxiliary production equipment at 25 million yuan.

According to the feasibility study report compiled by Sinoma Polytron Technologies Inc Engineering Department, the project is expected to achieve an annual average sales income of 281 million 842 thousand and 100 yuan, an annual average profit of 17 million 229 thousand yuan, a total investment yield of 22.15%, and the project has better economic benefits.

Sinoma technology shows that

The implementation of the technology can rapidly expand the production capacity of high-end chemical fiber felt filter materials, improve the quality of chemical fiber felt filter products, meet the demand of filter material power market and other markets for chemical fiber felt filter, further expand market share, enhance core competitiveness, and promote the development of membrane material industry.