Huaci Co., Ltd.: Company's Vietnam Project Progressing Orderly According to Plan

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Everyday Economic News AI Express, an investor asked on the investor interaction platform: The company announced on February 27th that its private placement received approval from the China Securities Regulatory Commission, raising 700 million yuan for the Vietnam “ASEAN Ceramic Valley” project. The base has a total investment of 1.438 billion yuan, and once operational, it is expected to generate an annual net profit of 272 million yuan. What is the current progress of the project construction? When will the first batch of capacity be put into production?

Huaci Co., Ltd. (001216.SZ) stated on March 20th on the investor interaction platform that the Vietnam project is progressing in an orderly manner according to plan. For specific information on project progress and performance contribution, please refer to the announcement published by the company on the designated information disclosure media of the China Securities Regulatory Commission.

(Reporter Zhang Mingshuang)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Verify before use. Operate at your own risk.

Daily Economic News

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