The Chengdu base began relocating the whole factory from the city to an industrial park. The report planned 250,000 tonnes of annual production capacity at the new site. This is a relocation-and-construction programme, not merely another name for an old furnace. The new-site identity needs a distinct physical-location record; a shared Chengdu city label is insufficient to merge old and new addresses or treat all planned capacity as incremental group output.
- Annual production capacity
- 250,000 tonnes/year
On 28 April 2018, the Chengdu subsidiary signed a cooperation agreement with the Qingbaijiang district government for a whole-plant relocation and a new advanced glass-fiber manufacturing base within the district. The disclosed programme envisaged phased construction, two furnace drawing lines operating before the end of 2020 and total investment of CNY 3,000,000,000. This is the historical agreement's plan, not FY2018 expenditure or evidence that the deadline was achieved. The operating narrative's 250,000-tonne project label does not allocate equal capacity to each line or establish net incremental group output.
- Chengdu relocation planned investment / 2018 / FY2018 A share/CAS. Planned agreement budget; original 30 hundred million CNY, not annual spending.
- RMB 3,000,000,000