Sidike invests 1.65 billion yuan in 103,000-ton high-end BOPET film expansion in Jiangsu
Sidike (300806.SZ) announced on September 23 that its board approved a 1.652 billion yuan investment for its subsidiary Jiangsu Xingyuantai to build a 103,000-ton annual high-end functional BOPET base film production line in Sihong, Jiangsu. The project targets downstream applications including MLCC manufacturing, optical devices, and PCB circuits. Funding will come from the subsidiary's own and self-raised capital, subject to shareholder approval.
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Sidike Plans 1.65 Billion Yuan Investment for High-End BOPET Base Film Expansion
Sidike (300806.SZ) announced on September 23 via a filing that its wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd., will invest approximately 1.652 billion yuan to build a new production facility in Sihong, Jiangsu. The project aims to produce 103,000 tons annually of high-end functional BOPET base films, including MLCC release film base film, polarizer protective film base film, photosensitive dry film base film, window film base film, and others. The investment is intended to address upstream supply gaps, enhance the company's full industry chain layout, and improve its market share and core competitiveness in high-end base materials. Products will target downstream sectors such as microelectronics MLCC manufacturing, special optical devices, precision PCB circuits, smart terminal protection, automotive and building energy-saving window films, and industrial precision protection. The project will be funded through the subsidiary's own funds and self-raised capital.
Read sourceSidike Plans 1.65 Billion Yuan Investment for 103,000-Ton High-End Functional BOPET Base Film Expansion
On September 23, Sidike (斯迪克) announced a plan to invest in the construction of an annual 103,000-ton high-end functional BOPET base film expansion project. The project will be implemented by its wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd. The total estimated investment is approximately 1,651.9934 million yuan (final amount subject to actual investment), funded by Xingyuantai's own funds and self-raised capital. The construction site is located in Sihong, Jiangsu Province. The company's fifth board of directors' 22nd meeting, held on September 22, 2026, approved the investment proposal and authorized management to handle related procedures and sign agreements, subject to shareholder approval.
Read sourceSidike Plans 1.65 Billion Yuan Investment for 103,000-Ton High-End BOPET Base Film Expansion
On September 23, Jin10 reported that Sidike (Sidike) announced a planned investment of approximately 1.652 billion yuan (165,199.34 million yuan) to build an annual production capacity of 103,000 tons of high-end functional BOPET base film. The project will be implemented by its wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd., located in Sihong, Jiangsu. Funding will come from the subsidiary's own funds and self-raised capital. The company's fifth board of directors' 22nd meeting on September 22, 2026, approved the investment proposal and authorized management to handle related approvals and agreements, subject to shareholder approval.
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Sidike plans 1.652 billion yuan investment for 103,000-ton BOPET film expansion project
On September 23, Sidike (300806.SZ) announced that its board of directors approved a plan to invest in a production expansion project for high-performance BOPET base films. The project, with a total estimated investment of 1.652 billion yuan, will be implemented by its wholly-owned subsidiary Jiangsu Xingyuantai New Material Technology Co., Ltd. at a site in Sihong, Jiangsu. The project aims to produce 103,000 tons annually of multi-series high-end functional BOPET base materials, including MLCC release film base film and polarizer release film base film. These products are primarily intended for downstream applications such as microelectronic MLCC manufacturing, special optical devices, precision PCB circuits, smart terminal protection, automotive and building energy-saving window films, and industrial precision protection. The company stated that funding will come from its own and self-raised sources.
Read sourceSidike Plans 1.652 Billion Yuan Investment for High-End BOPET Film Production Expansion
Sidike (300806.SZ) announced on September 23 that its board has approved a plan for its wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd., to invest in and construct an expansion project for the annual production of 103,000 tons of high-end functional BOPET base film. The total investment is estimated at 1.652 billion yuan, to be funded by the company's own and self-raised capital. The project will be located in Sihong, Jiangsu Province. It aims to mass-produce multiple series of high-end functional BOPET base materials, including MLCC release film base film and polarizer protective film base film. These products are primarily intended for downstream applications such as microelectronic MLCC manufacturing, special optical devices, precision PCB circuits, smart terminal protection, automotive and building energy-saving window films, and industrial precision protection.
Sidike Plans 1.65 Billion Yuan Investment for BOPET Film Production Expansion
Sidike (stock ticker likely) announced that its board of directors has approved a plan to invest in a major production expansion project. The project, to be implemented by its wholly-owned subsidiary Jiangsu Xingyuantai New Material Technology Co., Ltd., involves the construction of a new production line for 103,000 tons of high-end functional BOPET base film annually. The total estimated investment for the project is 1.652 billion yuan (approximately 16.52 billion yuan), with funding sourced from the company's own funds and self-raised capital. The construction site is located in Sihong, Jiangsu Province. The announcement was made via a stock market live feed from Stockstar, a Chinese financial news outlet.
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