Zhitong Finance App News, Hongchang Electronics (603002.SH) issued an announcement. The company signed a “Project Investment Agreement” with the Zhuhai Economic and Technological Development Zone Management Committee to invest in the construction of the “Advanced Packaging Film (GBF) Project” construction project. The project investment amount is about 270 million yuan, including about 220 million yuan in fixed assets. The implementing entity of the project is Zhuhai Hongchang Electronic Materials Co., Ltd., which is a wholly-owned subsidiary of the company. The construction period of the project is 24 months.

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