# Jitai subsidiary invests CNY 2.84M in silicone sealant line upgrade

Guangzhou Conghua Zhaoshun New Materials Co., Ltd., a wholly-owned subsidiary of Jitai Co., Ltd., plans to invest CNY 28.401 million to build an annual production capacity of 14,840 tons of organic silicon new energy sealant through a renovation project. The project runs from October 1, 2024 to June 1, 2025.

- Type: Expansion
- Announced: 2024-10-09
- Where: Conghua, Guangzhou, China
- Value: $3.90M (28.4M CNY)
- Starts operating: 1 Jun 2025
- Status: announced
- Capacity: 14,840 tons per year
- Products: organic silicon new energy sealant
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Guangzhou Conghua Zhaoshun New Materials](https://endata.com/companies/80322.md)
- [Jitai Co.](https://endata.com/companies/80323.md) (investor)

## Sources

- [tuliaojing.com](http://www.tuliaojing.com/article/11718.html), 2024-10-09: "集泰股份全资子公司广州从化兆舜新材料有限公司计划将投资2840.1万元建设年产1.484万吨有机硅新能源密封胶改建项目。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
