Anhui Jinrui Electronic Fiberglass Co., Ltd.

金安国纪 announced a plan to invest approximately 500 million yuan (about $69 million) to build a new plant in Ningguo, Anhui, China, with an annual capacity of 130 million meters of electronic-grade fiberglass fabric. The project will be implemented by its wholly-owned subsidiary Anhui Jinrui Electronic Fiberglass Co., Ltd. and is expected to take 12 months to complete.