Baoming Technology announces the termination of the 6.2 billion yuan Ma'anshan composite copper foil investment project

Baoming Technology announced that due to changes in investment plans, the company will terminate the 6.2 billion yuan composite copper foil production base project in Ma'anshan City. This decision was made after full communication with the local government and relevant agencies to avoid waste of resources. The company said that the terminated project did not generate any upfront investment, so it would not have a significant impact on the company's operations and performance.