Brief: China Weaving Materials Says Approved Construction Of New Workshop By Unit
13/07/2021 11:31
July 13 (Reuters) - China Weaving Materials Holdings Ltd
3778.HK :
* APPROVED CONSTRUCTION OF NEW WORKSHOP BY UNIT JINYUAN
TEXTILE
* CONSTRUCTION COST FOR WORKSHOP ESTIMATED TO BE ABOUT RMB17
MILLION
* SEES AGGREGATE COST OF PRODUCTION EQUIPMENT FOR WORKSHOP
OF AT
LEAST RMB80 MILLION
* WORKSHOP EXPECTED TO BE COMPLETED BY Q3 2022, COMMERCIAL
PRODUCTION TO COMMENCE BY Q4 2022
Source text for Eikon: ID:nHKS58PGnn
Further company coverage: 3778.HK
((Reuters.Briefs@thomsonreuters.com;))
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