The subsidiary of China Giant Stone (600176.SH) plans to invest 2.405 billion yuan to construct a project to build a production line for electronic fabric with an annual output of 250 million meters.

Wisdom Financial APP news, China Jushi (600176.SH) announced that, in order to further consolidate the company's competitiveness in the electronic grade glass fiber market, accelerate the adjustment of product structure, continuously improve profitability, and implement the company's "Fifteenth Five-Year Plan" strategic planning, the company's wholly-owned subsidiary Jushi Group Co., Ltd. plans to start the construction of a 2.5 billion meters per year electronic cloth production line project in Tongxiang Economic Development Zone, Zhejiang Province. The total planned investment for this project is 24.05 billion yuan, with funding coming from the company's own funds and self-raised funds.