Polyglue Co., Ltd. (301283.SZ): Headquarters factory hot melt adhesive expansion project with an annual output of 30,000 tons postponed

Zhitong Finance App News, Polygel Co., Ltd. (301283.SZ) issued an announcement. Based on the principle of prudence, the company is expected to extend the completion time of the fund-raising project “Headquarters Factory Hot Melt Adhesive Expansion Project with an Annual Output of 30,000 Tons” (hereinafter referred to as the “Fund-raising Project”) until December 31, 2027. This extension has not changed the content of the fund-raising project, the use of capital raised, the total amount of investment, implementation location, implementation method and implementation entity.

After this extension, the company will pay close attention to changes in the macro environment and market, accelerate the verification decisions of the company's global production capacity layout plan, and steadily advance project implementation after the plan is clarified. At the same time, it will strengthen overall management and supervision of the project construction progress to ensure that the project progresses according to the adjusted plan and improve the efficiency of the use of funds raised.