Xingfa Group (600141) announced on the evening of July 22 that its holding subsidiary Xingrui Co., Ltd. plans to invest 688 million yuan to build a silicone technology upgrading project. The project will rely on advanced silicon monomer production process and energy saving technology to carry out technical transformation and upgrading of existing organic silicon monomer production equipment, and supporting the construction of auxiliary environmental protection facilities, etc., eventually forming 360,000 tons/year. Silicone monomer production capacity