BNBM subsidiary to invest 253M yuan in gypsum board line in Chongzuo

Beijing New Building Materials (BNBM) announced that its wholly-owned subsidiary Taishan Gypsum will invest 253 million yuan to build a 40 million sqm per year gypsum board production line in Chongzuo, Guangxi. The project is expected to be completed within 18 months from start of construction.

“项目估算总投资为人民币2.53亿元，资金来源为自有资金和银行贷款。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com北新建材(000786.SZ)拟2.53亿元投资石膏板生产线项目Aug 19, 2021

Summarized from public sources; check the original articles before acting on it.