Jiangsu AMER New Material (SHE:002201) directors approved an investment of 245.7 million yuan for a wind turbine blade project, according to a Monday disclosure to the Shenzhen bourse.

Subsidiary, Gansu Jiuding Wind Power Composite Materials, will construct 320 sets of wind turbine blades for one year with a capacity of between 10 megawatts and 12 megawatts, the filing said.