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FINWIRES

Grace Fabric Technology Unit Gets Patent for Water Jacket

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Grace Fabric Technology's (SHA:603256) subsidiary, Huangshi Honghe Electronic Materials Technology, received an invention patent certificate from the China National Intellectual Property Administration, according to a Shanghai bourse filing on Tuesday.

The patent, which has a 20-year term, is for a molybdenum-electrode water jacket for low-dielectric glass fiber processing.

The glass fabric products company's shares fell 2% during the morning trade.

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