9.18 Yinglian Group: Plans to invest 918 million yuan to build a project for manufacturing easy-open can lids.

The British Union announced that it plans to invest 918 million yuan to establish a canned easy-open lid manufacturing project in order to expand the supply capacity of easy-open lids and enhance overall competitiveness. The project will be implemented by the company's wholly-owned subsidiary, Yangzhou British Union, and is expected to produce 303,700 tons of printed tinplate per year, with annual revenue exceeding 2.158 billion yuan after completion. The project still needs to be submitted for approval by the shareholders' meeting and obtain relevant department approval.