ST Sierte (002538) announced on July 27, 2026, that its wholly-owned subsidiary Xuancheng Sierte Chemical Technology Co., Ltd. plans to sign a project investment agreement with the Anhui Xuancheng High-tech Industrial Development Zone Management Committee. Xuancheng Sierte intends to invest in and construct a fine phosphate upgrading and transformation project on the basis of existing facilities within the company's original chemical industrial park. The total planned investment is approximately RMB 866 million.
Insights / Investment
InvestmentST Sierte Plans RMB 866 Million Investment in Fine Phosphate Upgrading Project
ST Sierte announced that its wholly-owned subsidiary Xuancheng Sierte Chemical Technology plans to invest approximately RMB 866 million in a fine phosphate upgrading and transformation project in Xuancheng High-tech Industrial Development Zone, Anhui Province.
