Stock abbreviation: Juhua Stock code: 600160 Announcement number: Pro 2014-71.
In order to adapt to the rapid development trend of the electronic information industry market, Zhejiang Juhua Co., Ltd. (hereinafter referred to as "the company" or "company") accelerates the cultivation of electronic chemicals business, exerts variety, scale aggregation and synergistic effects, and cultivates new profit growth points to promote transformation and upgrading, and optimize the industrial structure. After deliberation at the 13th meeting of the 6th board of directors of the company, the company was approved to establish a wholly-owned subsidiary and invest RMB 150 million to implement a high-purity electronic gas project (phase I) "This project" or "Project"). The announcement is as follows: