Anak perusahaan Pengding Holdings berencana menginvestasikan 11 miliar yuan dalam basis produksi proyek PCB kelas atas

Beijing Business Daily (Reporter Wang Manlei) reported that on the evening of March 17, Pengding Holdings (002938) announced that its wholly-owned subsidiary, Qingding Precision Electronics (Huaian) Co., Ltd. (hereinafter referred to as “Qingding Precision”), won the bid on February 3 for the state-owned construction land use rights of Plot GGK33 in Huaian City for 2025. The company agreed that Qingding Precision would sign a project investment agreement with the Huaian Economic and Technological Development Zone Management Committee, investing 11 billion yuan in the aforementioned land to build a high-end PCB project production base.

The announcement indicates that this investment does not constitute an associated transaction, nor does it constitute a major asset reorganization as defined by the “Administrative Measures for Major Asset Restructuring of Listed Companies.”

Pengding Holdings stated that this investment is based on the company’s overall strategic plan, seizing the wave of AI technology development, accelerating the layout of high-end PCB product manufacturing, which will help expand the company’s operational scale, promote technological upgrades and product iterations across various product lines, thereby enhancing the company’s operational efficiency.