Antai Technology cancels construction of new material industry base in Changzhou, Jiangsu
Tuesday, December 11, 2018 11:05 AM
Text / Juchao Information Network
From / amorphous China
The eighth meeting of the seventh board of directors of Antai Technology Co., Ltd. (hereinafter referred to as "the company") was held on the spot on December 10, 2018. The meeting should be attended by 9 directors and actually attended 9 directors. The moderator of the meeting was Chairman Li Junfeng, and the company's supervisors and other senior management personnel attended the meeting. The meeting discussed and passed a number of resolutions on the proposal of the Changzhou Municipal Government to repurchase the land of Antai Changzhou Industrial Base.
The resolution on the repurchase of the wholly-owned subsidiary Antai Changzhou Industrial Base by the Changzhou Municipal Government stated that according to the company's regional industrial layout strategy, the tenth extraordinary meeting of the sixth board of directors held on December 16, 2016 was reviewed and approved. "Proposal on the establishment of "Antai Technology (Changzhou) New Materials Technology Development Co., Ltd.", which is wholly-owned, agrees that the company will establish a wholly-owned subsidiary, Antai Changzhou New Materials Technology Development Co., Ltd. in Changzhou. The 22nd meeting of the 6th Board of Directors held on March 29, 2017, reviewed and approved the “Proposal on the Acquisition of Industrial Land in Changzhou Phase I Project by Antai (Changzhou) New Materials Technology Development Co., Ltd.” and agreed to purchase Changzhou in Antai Changzhou. The industrial land of 83,375 square meters (about 125 acres) in the high-tech zone of the city is reserved for industrial area layout.
The announcement said that because the company does not currently have suitable projects to carry the development of the above-mentioned land, the Changzhou National High-tech Industrial Development Zone Management Committee and the Jiangsu Changzhou Binjiang Economic Development Zone Management Committee agreed to pay Antai Changzhou 36,848,765.81 yuan for repurchase. The above land use rights. At the same time, the Changzhou local government promised that the future development of Antai Technology Industrial Construction Project in Changzhou will support land acquisition and government resources.
The announcement said that at the 8th meeting of the 7th Board of Directors, the above transaction was considered and approved with the result of 9 votes, 0 votes against, and 0 abstentions.
According to Amorphous China February 14, 2017: On the morning of February 12, Changzhou High-tech Zone held the first batch of key projects in 2017 and the commencement ceremony of the Antai Technology New Materials Industrial Base project.
A total of 28 key projects were started in the first batch. Among them, Antai Technology New Material Industry Base is a provincial key project with a total investment of 3 billion yuan. It mainly produces amorphous alloys and nanocrystalline devices. The first phase can realize the annual production capacity of 40,000 tons of amorphous alloys.
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