Hongban Technology: Subsidiary Ganzhou Hongban plans to invest no more than 900 million yuan to implement intelligent transformation project.
Redboard Technology Announcement: Wholly-owned subsidiary Ganzhou Redboard Technology Co., Ltd. plans to carry out a project to upgrade the intelligent transformation of the high-level HDI precision circuit board production line equipment in the existing factory area, with a total investment not exceeding 900 million yuan. This includes 700 million yuan for equipment purchase and installation, 150 million yuan for building renovation and supporting transformation, and 50 million yuan for research and development expenses, other costs, and working capital. The project funds will come from own funds and self-raised funds.
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