News summary

[Mengtai High-tech: Two investment projects have been put into operation to consolidate its position in the polypropylene fiber industry] Securities Times e Company Newsgambolscasinonodepositbonus, Mengtai High-tech (300876) announced on the evening of May 17gambolscasinonodepositbonus, the company's initial stock raising project "Annual output of 2gambolscasinonodepositbonus.30,000 tons of polypropylene fiber production expansion project "and the issuance of convertible bonds and investment project" annual output of 1gambolscasinonodepositbonus...

Newsletter text

[Mengtai High-tech: Two investment projects have been put into operation to consolidate its position in the polypropylene fiber industry] Securities Times e Company News, Mengtai High-tech (300876) announced on the evening of May 17 that the company's initial stock investment project "Polypropylene Fiber Expansion Project with an Annual Output of 23,000 tons" and the issuance of convertible bond investment project "Technical Transformation Project with an Annual Output of 10,000 tons of Bulk Continuous Filament (BCF) and 5,000 tons of Fine Denier Textured Filament (DTY)" have completed the main construction, equipment installation, debugging and other work. At present, the project has been officially completed, accepted and put into operation. After the investment project is put into operation, it will help consolidate and expand the company's market share and market position in the polypropylene fiber industry, and will have a positive impact on the company's operating performance.