Zhongfu Shenying to build 30,000-ton carbon fiber plant in Lianyungang

Zhongfu Shenying Carbon Fiber Co., Ltd. plans to invest 5.962 billion yuan to build a 30,000-ton per year high-performance carbon fiber production facility in Lianyungang, Jiangsu Province, China. The company will establish a wholly-owned subsidiary for the project.

“中复神鹰(688295.SH)公告，公司拟设立全资子公司中复神鹰碳纤维连云有限公司建设年产3万吨高性能碳纤维建设项目，项目总投资59.62亿元。”beta.zhitongcaijing.com

• 2 sources
• beta.zhitongcaijing.com中复神鹰(688295.SH)拟斥59.62亿元在连云港市实施年产3万吨高性能碳纤维建设项目Jan 3, 2023
• yicaiglobal.comChina’s Zhongfu Shenying to Invest USD866 Million Lifting Carbon Fiber Output CapacityTang ShihuaJan 4, 2023

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