JuHua shares on March 1, (600160) late announcement, the company has announced on February 29, 2012, a wholly owned subsidiary company of zhejiang quzhou giant new fluorine chemical industry co., LTD from honeywell international inc. and honeywell specialty materials (China) co., LTD. Introduction of honeywell HFC - 125 technology, investment 194.34 million yuan to build 10000 tons/year HFC - 125 (five fluorine ethane) production device, on the same day, the company, the giant new company and zhejiang qu fluorine chemical co., LTD. (subsidiary company, now a wholly owned subsidiary companies) with honeywell international and honeywell specialty materials jointly signed the HFC - 125 and HFC - 32 cooperation contract. Company said, based on economies of scale to consider, the company planning to construct the operating HFC - 125-10000 tons/year production plant construction operation instead of HFC - 125-20000 tons/year production plant. Agreed by the both sides talks things over, recently, the two sides signed the HFC - 125 and HFC - 32 cooperation contract revised agreement. JuHua shares, according to the revised agreement, beneficial to the optimal choice HFC - 125 production plant construction company, for the company\'s financial position and operating results have no substantial effect. At present, the company is perfecting the HFC - 125-20000 tons/year project feasibility research, after being decision conditions mature, submitted to the board of directors of the company decision, and to the organs of state has the right to go through the formalities for examination and approval of record, environmental protection, land, etc. (article source: securities times)