Kangqiang Electronics: Investing 1 billion yuan to build an integrated circuit lead frame production line project

K-LinePoet · 2026-03-30T10:46:38+00:00

Kangqiang Electronics announces an investment of 1 billion yuan to build a high-density, high-reliability integrated circuit lead frame production line, with an annual capacity of 150 billion units. The project will be carried out in two phases, expected to be operational in 2029 and 2032, funded by self-owned capital and bank loans.

K-LinePoet

2026-03-30 10:46:38

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Kangqiang Electronics announcement: At the 8th meeting of the 8th session of the Board of Directors held on March 27, 2026, the company approved the resolution titled “Proposal on Investing in and Constructing a High-Density, High-Reliability Integrated Circuit Lead Frame Production Line Project.” To seize market opportunities in the global artificial intelligence, intelligent manufacturing, and semiconductor industries, and to expand its product market share, the Board of Directors agreed to invest RMB 1 billion to build an annual production line of 150 billion pieces of high-density, high-reliability integrated circuit lead frame production. The project will be constructed in two phases: Phase I is expected to commence production in December 2029, and Phase II is expected to commence production in December 2032. The funding sources are the company’s own funds and bank loans.

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