China Chemistry (601117) March 11 Evening announcement, the company decided to invest in the construction of China chemical Qidong new material Industrial Park project in Jiangsu Qidong Marine Economic Development zone. The company intends to purchase the overall planning area of the economic development Zone about 5000 acres of industrial construction land for the project construction, the project is expected to invest 4 billion yuan total. The company announced that the operation of the project to set up the operation of the company to set up a company registered capital of 500 million yuan, for the company's wholly owned subsidiary, the main business for the park's overall planning, investment, project construction and Operation Management, and for the park to provide services for infrastructure construction. Responsible Editor: NF054
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