Jushi Group's original 100,000-tonne-per-year alkali-free glass-fiber line underwent cold repair and an energy-efficiency upgrade. The financial project note says that the rebuilt line had a design capacity of 120,000 tonnes per year for high-performance glass fiber. Construction started in May 2014 and was completed in October 2014. Its investment budget was 20,002.27 ten-thousand CNY, matching the 100,000-tonne upgrade in the board-report investment table; funding combined own funds and bank borrowing. The investment table reports both current-year and cumulative investment of 19,776.55 ten-thousand CNY and a completed status. Those existing budget and investment facts are reused rather than duplicated. The disclosed change is from a 100,000-tonne design to a 120,000-tonne design, an increase of 20,000 tonnes per year in nameplate capability. It is not evidence of an entirely additional 120,000-tonne line, actual annual production or utilization. The note gives no physical address or coordinates, and the project is not merged with the separately recorded 120,000-tonne upgrade merely because their reported capacities match.
- Designed annual fiber capacity / 2014 / upgraded line design
- 120,000 tonnes/year