Hua Feng Technology (688629.SH) plans to invest in and construct a high-speed cable module capacity expansion project (Phase II).
Zhitong Finance APP News, Huafeng Technology (688629.SH) issued an announcement that, in order to seize the expansion and development opportunities of computing infrastructure industries such as AI servers and data centers, implement the company's core development strategy of high-end manufacturing and domestic substitution, fill the production capacity gap of high-speed cable modules, and consolidate the core competitiveness of domestic substitution of high-speed cable modules, the company plans to invest in and construct a high-speed cable module capacity expansion project (Phase II). The estimated investment for this phase is approximately RMB 362 million, with a planned total investment amount of approximately RMB 612 million, and the project construction period is 18 months.
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