JY Technology: plans to invest 1.57 billion yuan to build a 600,000-square-meter annual production high multi-layer, HDI circuit board project.

Junya Technology announced that the company plans to invest in the construction of a 600,000-square-meter high multi-layer, HDI printed circuit board project, with a total planned investment of 1.57 billion RMB. The project will be implemented in two phases, with a first-phase investment of 628 million RMB by its wholly-owned subsidiary Longnan Junya in the existing factory building to create an annual production capacity of 340,000 square meters; the second phase will involve an investment of 929 million RMB to add an annual production capacity of 260,000 square meters. The project is subject to shareholder approval and government approval.