FilingReader Intelligence
Great Shengda shifts funds to Thailand amid market uncertainty
June 28, 2025 at 05:19 AM UTC•By FilingReader AI
Zhejiang Great Shengda Packaging (SSE:603687) is strategically reallocating raised funds from its "Paper Pulp Molded Environmental Tableware Intelligent R&D and Production Base Project" to a new packaging production base in Chonburi, Thailand. The decision, announced on June 27, 2025, comes amid significant market uncertainty and delays affecting the domestic project. The investment in Thailand is projected at CNY 188 million.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Dongxing Securities Co., Ltd.'s review opinion on Zhejiang Dashengda Packaging Co., Ltd.'s change of some of its raised funds investment projectsJune 27, 2025 at 08:00 AM UTC
Zhejiang Dashengda Packaging Co., Ltd.'s announcement on the extension of some of the raised funds investment projectsJune 27, 2025 at 08:00 AM UTC
News Alerts
Get instant email alerts when Zhejiang Great Shengda Packaging publishes news
Free account required • Unsubscribe anytime