[Dawn Co., Ltd.: proposed joint venture company to invest in copolyester material project] June 2, according to the announcement of Dawn Co., Ltd., the company signed a "Cooperation Agreement" with Zhejiang Hefu New material Technology Co., Ltd., Zou Xiangping and Jiang Hongliang. It is proposed to invest in the establishment of a joint venture company, Shandong Dawn Hefu New Materials Co., Ltd., with the joint venture company as the main body of the project to invest in the construction of copolyester material projects. The total investment of the project is 200 million yuan, of which 30% of the total investment is the registered capital of the joint venture company, and the company intends to contribute 48 million yuan in currency, accounting for 80% of the registered capital of the joint venture company.