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Bolivia: Proposed termination of construction project for production base in Puyang, Henan
Jin10 Data News on December 9th, Baolijia announced in the evening of December 9th that, according to the previous announcement, the company planned to invest 350 million yuan to build a resin production line with an annual output of 200,000 tons and supporting infrastructure in Puyang Industrial Park, Henan. Due to significant changes in the market environment and unexpected project complexity, the company has decided to terminate this project. The company has invested a cumulative total of 31.7625 million yuan in the early stage of the project, which accounts for approximately 3.96% of the audited net assets of the company in the previous year.