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Dingtai Hi-Tech (301377.SZ) plans to invest 700 million yuan to build the Dingtaixin Advanced New Material Manufacturing Base Project
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Zhitong Finance App News, Dingtai Hi-Tech (301377.SZ) announced that in order to promote the company's overall strategic layout and actively develop its development advantages in the PCB field, Dongguan Dingtaixin Electronics Co., Ltd. (hereinafter referred to as “Dingtaixin”), a wholly-owned subsidiary of the company, plans to sign the “Dingtai Xin Advanced New Materials Manufacturing Base Project Investment Agreement” with the Dongguan Houjie Town People's Government to invest in the construction of the “Dingtai Xin Advanced New Materials Manufacturing Base Project” in the TOD area of Houjie Town, Dongguan City. The total investment of the project is 700 million yuan, including fixed assets (including buildings and structures) and its (Investment in ancillary facilities, equipment, land prices, etc.) 560 million yuan.

It is planned to invest 700 million yuan to build the Dingtaixin Advanced New Material Manufacturing Base Project in Houjie Town, Dongguan City. The implementation of the project will significantly expand the company's production capacity in the field of high-end electronic materials and form a collaboration with the company's existing PCB precision tool business, which is conducive to improving the company's integrated industrial ecosystem and is expected to further enhance the company's profit growth point. Lay a solid foundation for the company's long-term sustainable development.

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