SINOFILINGS / BUSINESS LIBRARY600176 / PUBLISHED
Project dossier / object-dossiers-v1

Panding 100-million-metre electronic fabric expansion

Project / Background, reported developments and evidence

Selected disclosures assembled into a continuing object history. Associated business context retains its own company, product or site scope. Source-page links provide optional verification; the English account is intended to stand on its own.

Source reporting periods through 2014-12-31 / Company library through 2025-12-31
Content version 30 / deea6484e3c3 / PUBLISHED

At a glance

Record type
Project
Earliest source in this dossier
FY2012
Latest source in this dossier
FY2014
Company
China Jushi / 600176

Read the dated construction and operating milestones below. An installation stage or an engineering-progress percentage does not establish actual production. A programme and its component lines may describe the same capacity at different levels.

Location and identification

Exact physical address and coordinates have not yet been verified for this record.

Verified site coordinates: unavailable. No city-centre point is displayed as a plant location.

Reported measurements

Only measurements attached to this record are shown. Values retain their original reporting scope; rows are not summed into an asset total.

MeasureValuePeriod / scopeSource
Project budget186,140,000 USD2013-12-31management project amount / management project amountFY2013, p. 15
Project budgetRMB 1,134,876,9662013-12-31financial cip budget / financial cip budgetFY2013, p. 94
Reported cip additionsRMB 158,365,115.482013-01-01 to 2013-12-31electronic fabric expansion / electronic fabric expansionFY2013, p. 94
Reported cip netRMB 158,590,115.482013-12-31electronic fabric expansion / electronic fabric expansionFY2013, p. 93
Annual production capacity100,000,000 metres/year2012-12-31planned electronic fabric / planned electronic fabricFY2012, p. 19

The following sections retain the full available English descriptions and their source context. Associated business context describes its named product or base.

FY2014 / Disclosed developments

Open FY2014 company review

The Panding electronic-grade fabric expansion, with stated capacity of 100 million metres annually, was marked complete. Its project amount was USD 186.14 million; annual investment was RMB 877.0425 million and cumulative investment RMB 1.0356325 billion. The observation is linked to the construction-stage project in the 2013 filing. The source unit is linear metres, kept separate from older fabric projects stated in square metres.

FY2013 / Disclosed developments

Open FY2013 company review

Jushi Panding Electronic Substrate Materials was expanding a production line described as capable of 100 million metres of electronic-grade glass-fiber fabric annually. The management table states construction was in progress, with completion expected in the first half of 2014. Metres are the disclosed unit; the capacity is not converted to square metres without a reported fabric width. Management gives a USD 186,140,000 project amount and rounds annual and cumulative investment to CNY 158,370,000 and CNY 158,590,000. The construction ledger separately gives a CNY 1,134,876,966 budget, CNY 158,365,115.48 of current additions and CNY 158,590,115.48 of closing construction in progress. Currency and presentation precision are retained without calculating an assumed exchange rate or adding the rounded and precise figures together. The accounting balance is not cash expenditure or proof of trial production. The report supplies no factory-level output or project revenue in these passages, and a future completion expectation is not treated as achieved.

Project budget / 2013 / management project amount
186,140,000 USD
Project budget / 2013 / financial cip budget
RMB 1,134,876,966
Reported cip additions / 2013 / electronic fabric expansion
RMB 158,365,115.48
Reported cip net / 2013 / electronic fabric expansion
RMB 158,590,115.48

FY2012 / Disclosed developments

Open FY2012 company review

Jushi Panding Electronic Substrate proposed an electronic-fabric production line with planned annual capacity of 100 million metres. The FY2012 strategy passage places it in preparatory work and identifies the implementing subsidiary, rather than reporting an operating line, trial output or customer deliveries. The same subsidiary and 100-million-metre electronic-fabric scope identify the project described in the subsequent annual account; the historical preparation stage remains tied to FY2012. Its output measure is fabric length. It cannot be converted into glass-fiber tonnage or added to furnace capacity without a separately disclosed conversion basis. The FY2012 passage does not give a project budget, investment total, precise location or construction-completion date. Those missing details are left undisclosed here rather than filled from a later period.

Annual production capacity / 2012 / planned electronic fabric
100,000,000 metres/year

Sources and scope

What this guide establishes

  • Reporting years identify the source filings. Actual event dates are retained in the text and may differ from the reporting year.
  • The latest disclosure year for this object is not confirmation of its current operating status. Coverage is selected, not an exhaustive account of every report.
  • Capacity, output, sales, construction progress and expenditure are separate measures. Programme and component capacities are not added together.
  • Company contact addresses are location leads. They do not establish exact plant boundaries or the footprint of individual projects.
FY2012 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2013-03-15
PDF SHA-256: 38205fabda3454f131412e84de42b1d18aac6e5d88dfb3cc0bafacebef394f7e
FY2013 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2014-03-19
PDF SHA-256: 95d20729281439b11b9ef2fe5f86ca19007a1f9d5b239ced1aedce9aad8128c3
FY2014 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2015-03-18
PDF SHA-256: 9651c42a65e7a7d89ad49652e39914807223f94f462ee75c8e8522e293c2741a