Jiangsu Allfavor Intelligent Circuits Announces 2 Billion Yuan Investment for New AI-Powered PCB Production Facility

Deep News

Sep 08

Jiangsu Allfavor Intelligent Circuits Technology Co.,Ltd. (300964.SZ) declared on September 8 that it has entered into an investment and construction agreement with the administrative committee of Nanjing Lishui Economic Development Zone. The company plans to build a new industrial project dedicated to the annual production of 1.5 million square meters of high-multilayer and high-end HDI circuit boards tailored for AI computing applications.

The total planned investment for this initiative is approximately 2 billion yuan, with funds to be sourced from the company's own capital as well as self-raised financing. Once the project reaches full operational capacity, it is expected to generate an annual output value of 2 billion yuan and contribute no less than 60 million yuan in annual tax revenue.

This investment proposal is still subject to review and approval by the company's shareholders' meeting before it can be formally implemented.

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Once the project reaches full operational capacity, it is expected to generate an annual output value of 2 billion yuan and contribute no less than 60 million yuan in annual tax revenue.<br><br>This investment proposal is still subject to review and approval by the company's shareholders' meeting before it can be formally implemented.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AIO","symbol_name":"Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund","start_time":0,"source_url":"","article_id":"1135129013","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135129013","pubTimestamp":1788865312,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Jiangsu Allfavor Intelligent Circuits Technology Co.,Ltd. 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