Copper Crown Copper Foil: Three projects including the High Performance Electronic Copper Foil Technology Center Project have been completed and the remaining funds raised will be permanently added to working capital.
Copper Crown Copper Foil Announcement: The 21st meeting of the second board of directors of the company approved the "Proposal on the completion of some of the investment projects funded and the permanent supplement of the remaining funds to the working capital." The projects funded by the company include the "High-performance Electronic Copper Foil Technology Center Project," the "Tongling Copper Crown Annual Production of 10,000 Tons of Electronic Copper Foil Project," and the "Copper Crown Copper Foil Annual Production of 15,000 Tons of Electronic Copper Foil Project" have been completed. In order to improve the efficiency of the use of the funds raised, it was agreed to close the investment projects funded by the funds and to permanently supplement the remaining funds with a total of 383 million yuan to the working capital.
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