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Shennan Circuit: Planning to invest 4.6 billion yuan to build high-speed, high-density, multi-layer electronic circuit product project
Shennan Circuit Announcement: The company’s wholly-owned subsidiary, Wuxi Shennan, plans to invest in the construction of high-speed, high-density, multi-layer electronic circuit product projects in Xinwu District, Wuxi City. The total investment of the project is approximately 4.6 billion yuan, with funding sourced from self-owned funds and self-raised funds, and the construction period is planned to be about 12 months. This investment aims to seize industry development opportunities, meet the market demand for high-end products, further expand production capacity, and consolidate and enhance market share.