Huangshi Grace Fabric Technology Co., Ltd.. has completed the filing of a new foreign investment project with an annual output of 50.40 million meters of high-end electronic-grade fiberglass fabrics development and production for 5G. The total investment of the project is RMB 800 million, and the introduction of foreign exchange is RMB 65 million. Planned start time: June 2021, construction site: No. 108 East, Pengcheng Avenue, Huangshi City.
Main construction content: construction of 1 main workshop building, production supporting rooms, etc., with a total construction area of about 45,000 square metres and a total capacity of 67,000 square metres, and purchase about 1,300 sets of equipment, including pulp finishing machines, warping machines, desizing machines, pre-treatment machines, treatment machines and other equipment. Upon completion, the project will have an annual production capacity of 50.40 million metres of high-end electronic grade glass fibre fabrics for 5G.