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.
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