July 18 -- Liuzhou Liangmianzhen (600249), a maker of products such as toothpaste, soap and detergent, plans to invest 53.16 million yuan on the upgrading of its paper production equipment, reports yicai.com, citing a company filing.

The purpose of the investment in surface sizing equipment, drying equipment, and related equipment is to produce high-end paper that meets market demand.

Source:CapitalVue