[new Zebang: subsidiary plans to invest no more than 1.2 billion yuan in high-end fluorine fine chemicals project] the New Zebang announced that it intends to take Heisford, a holding subsidiary, as the main body of the project to invest and build a project with an annual output of 30,000 tons of high-end fluorine fine chemicals in Zone D, Economic Development Zone, Mingxi County, Fujian Province, with a total planned investment of no more than 1.2 billion yuan. It was announced on the same day that it planned to build a battery chemical production base in Ohio with a total investment of no more than 120 million US dollars, with the wholly-owned company New Zebang as the main body of the project.