Anhui Deli household glass signed investment proje

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Anhui Deli household glass Co., Ltd. (hereinafter referred to as "the company" and "Party B") signed an investment project agreement with Chongqing government on September 26, 2019 (hereinafter referred to as "the agreement") in combination with the company's development strategy, and Anhui Deli household glass Co., Ltd. (hereinafter referred to as "the company") signed an agreement with Chongqing Rongchang District People's Government (hereinafter referred to as "party a") on the construction of Deli Southwest Industrial Base Project (hereinafter referred to as "the agreement"). The agreement stipulates that Party B shall make use of the energy, regional and other advantages of Party A's location to invest in the construction of the southwest production base project including high-end daily glassware, crystal glass and optical glass (hereinafter referred to as "project" 5. 1 integrated cabinet type control oil source)

the project land is located in Guangfu Industrial Park, Rongchang District, Chongqing, with a total area of about 300 mu (including shared areas of roads and greening) of energy-saving and new energy vehicle materials. It is constructed in two phases: 100 mu in the leading phase; The second phase is 200 mu. The construction project is specifically operated by the legal person enterprise newly registered by Party B in Rongchang District, Chongqing with the function of Jinan Shijin horizontal tensile testing machine. The operation period from the official production date shall not be less than 15 years

the southwest region where Party A is located is an important market for the company's product sales, and can better radiate the border trade markets such as Yunnan and Guizhou through the region where Party A is located. At the same time, as Party A is a natural gas producing area, the gas price has a price advantage compared with the current location of the company, which can reduce the production cost of the company and improve the market competitiveness of the company's products

the construction agreement signed by the company and its corresponding construction contents can effectively improve the company's strategic layout, further enhance the company's strength and comprehensive competitiveness, do not damage the interests of listed companies and shareholders, and comply with the company's long-term development plan

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