Recently, the city of Dalian issued a notice stating that in 2025, a total of 520 major projects will be planned and implemented, focusing on five advantageous industries such as petrochemicals, to promote the early start of the "Qihua Epoxy Resin Expansion Project".

Qihua Epoxy Resin Expansion Project
In March last year, Kangda New Materials announced that its holding subsidiary, Dalian Qihua New Materials Co., Ltd., planned to invest in building an expansion project with an annual output of 80,000 tons of electronic-grade epoxy resin. The total investment is expected to be 400 million yuan.

The announcement shows that the total investment of this project is expected to reach 400 million yuan, of which the construction investment is approximately 298 million yuan, and the working capital is 102 million yuan. The final investment amount will be adjusted according to the actual investment in the project construction. The epoxy resin produced by the project is mainly applied in aspects such as electronic materials, coatings, composite materials, functional coatings, and adhesives.