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KeJingYuan: Terminate the investment and construction of the Shenzhou Eco-Environmental Protection Industry Base Construction Project (Phase II)
On March 27, People’s Financial News reported that KJY (301372) announced on March 27 that due to multiple factors such as the increasing uncertainty of the global economy for 2024 and 2025 and volatility in financial markets, based on the company’s assessment of the market environment and strategic development layout, to better integrate the company’s existing capacity resources, optimize capacity allocation, and reduce investment risks, the company, after careful evaluation, plans to terminate the investment in the construction project of the Shenzhou Ecological Environmental Protection Industrial Base (Phase II). Through resource integration and improvement of the supply chain system, the existing capacity can fully cover the market demand in the northern region.