CHINA XD PLASTICS COMPANY LIMITED (NASDAQ:CXDC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
subsidiary of the registrant, entered into two investment
agreements with the People’s Government of Shunqing District,
Nanchong City of Sichuan Province for the production of 300,000
metric tons of bio-composite materials and additive manufacturing
and 20,000 metric tons of functional masterbatch. Copies of the
investment agreements are filed as Exhibits 10.1 and 10.2.
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(d)
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Exhibits.
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Exhibit No.
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Exhibit Description
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10.1
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Xinda Investment Agreement for 300,000-ton of Bio-Composite
Project and Additive Manufacturing Used Composites (3D Printing Materials) Project * |
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10.2
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Xinda Investment Agreement for 20,000-ton Functional
Masterbatch Project * |
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99.1
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Press Release dated March 18, 2017.
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About CHINA XD PLASTICS COMPANY LIMITED (NASDAQ:CXDC)
China XD Plastics Company Limited (China XD) is a specialty chemical company. The Company is engaged in the research, development, manufacture and sale of modified plastics for automotive applications in China and to a lesser extent, in Dubai, the United Arab Emirates (UAE). The Company operates in the modified plastics segment. Through its subsidiaries, Heilongjiang Xinda Enterprise Group Company Limited (HLJ Xinda Group) and AL Composites Materials FZE (Dubai Composites), the Company manufactures and sells polymer composite materials (including modified plastics), for automotive applications. The Company’s products categories include Modified Polypropylene (PP), Modified Acrylonitrile Butadiene Styrene (ABS), Modified Polyamide 66 (PA66), Modified Polyamide 6 (PA6), Modified Polyoxymethylenes (POM), Modified Polyphenylene Oxide (PPO), Plastic Alloy, Modified Polyphenylene Sulfide (PPS), Modified Polyimide (PI), Modified Polylactic Acid (PLA) and Poly Ether Ether Ketone (PEEK). CHINA XD PLASTICS COMPANY LIMITED (NASDAQ:CXDC) Recent Trading Information
CHINA XD PLASTICS COMPANY LIMITED (NASDAQ:CXDC) closed its last trading session up +0.05 at 4.80 with 24,627 shares trading hands.
