Financials, Automotive, Technology Dec 24, 2021 08:59 PM (GMT+8) · EqualOcean
Cailian, December 24 (Reuters) - Ruifeng Xincai announced that the company plans to invest in the construction of a series of lubricating oil additives with an annual output of 150000 tons. The construction site of the project is dazhaoying industrial cluster area, Xinxiang County, Xinxiang City. The total planned investment of the project is 1 billion yuan, and it is planned to use part of the over raised funds of 200 million yuan, and the rest will be solved by the company's own funds or other financing methods.
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