Huafon Chemical to build a joint innovation center project for the application of Huafon new materials with RMB 850 million

Huafon Chemical (002064) announced on the evening of September 27th, centering on the company's strategic positioning of building a global leader in polyurethane products materials, it is proposed that Zhejiang Huafon Juchuang Technology Co., Ltd., a wholly owned grandson company, will invest 850 million yuan (including land purchase) in Binjiang Business District, Lucheng District, Wenzhou City, to build a joint innovation center project for the application of Huafon new materials, with a construction period of 40 months.