Hefei Snowky Electric (001387.SZ) plans to invest 500 million yuan to build an electronic science and technology park and a high-end smart home industrial park in Hefei City.
Announcement from Xueqi Electric (001387.SZ): The company plans to sign an investment cooperation agreement with the Fuxi Economic Development Zone Management Committee in Anhui Province regarding the Xueqi Electric Electronic Science and Technology Park and high-end smart home industrial park project. The company plans to invest in and construct the electronic science and technology park and high-end smart home industrial park project in Feixi County, Hefei City. The total investment for the project is 500 million RMB, with a planned land area of approximately 60 acres.
Hefei Snowky Electric (001387.SZ) announced that the company plans to sign an investment cooperation agreement with the Anhui Feixi Economic Development Zone Management Committee regarding the Hefei Snowky Electric Electronic Technology Park and High-end Intelligent Home Industry Park project. The company plans to invest in and construct the electronic technology park and high-end intelligent home industry park in Feixi County, Hefei City, with a total investment of 500 million RMB. The planned land area is approximately 60 acres.
Related Articles

US Stock Market Move | Stock prices continued to fall, with Broadcom Inc. (AVGO.US) dropping over 4%, and its high growth performance being questioned.

US Stock Market Move | Planned $7 billion acquisition of cybersecurity company Armis ServiceNow (NOW.US) leads to a drop of over 10%

US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.
US Stock Market Move | Stock prices continued to fall, with Broadcom Inc. (AVGO.US) dropping over 4%, and its high growth performance being questioned.

US Stock Market Move | Planned $7 billion acquisition of cybersecurity company Armis ServiceNow (NOW.US) leads to a drop of over 10%

US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.

RECOMMEND

Valued At $10 Trillion, The Largest IPO In History Is Coming As SpaceX Announces Listing Plan
12/12/2025

Five Imperatives And Eight Tasks: Central Meeting Specifies Next Year’s Economic Work, Highlights Identified
12/12/2025

Over 100 New Listings In Hong Kong This Year As Total Fundraising Tops HKD 270 Billion, Eighteen “A+H” Dual Listings
12/12/2025


