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[Guangwei Composite Materialsnewcryptonftgames: Subsidiaries compete for land to build carbon fiber raw silk production line] Securities Times e Company NewsnewcryptonftgamesGuangwei Composite Materials (300699) announced on the evening of May 19 that recently, the company's wholly-owned subsidiary Weihai Expansion Fiber Co., Ltd.(referred to as "Weihai Expansion") won the right to use state-owned construction landnewcryptonftgames.newcryptonftgames..
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[Guangwei Composite Materials: Subsidiary won land to build a carbon fiber raw silk production line] Securities Times e Company News, Guangwei Composite Materials (300699) announced on the evening of May 19 that recently, the company's wholly-owned subsidiary Weihai Expansion Fiber Co., Ltd.(referred to as "Weihai Expansion") won the right to use state-owned construction land. The plot is located in Lingang District, Weihai, with an area of 91,000 square meters. It is industrial land, with a transaction price of 47.9557 million yuan. Weihai expanded its bid for the land use rights of the above-mentioned land and plans to use it to build a polyacrylonitrile-based carbon fiber raw fiber production line with an annual output of 2600 tons, and the remaining land will be reserved for subsequent construction of carbonization production lines.