Subsidiary of Hainan Development Holdings Nanhai (002163.SZ) plans to implement the second phase of the Zhuhai production base project to expand production capacity.

Hainan Development Holdings Nanhai (002163.SZ) announced that the board of directors has approved the proposal regarding the investment and construction of the second phase project of the Zhuhai production base by Shenzhen Sanxin Technology Development Co., Ltd., a wholly-owned subsidiary of the company. The board agreed that Zhuhai Sanxin Technology Development Co., Ltd. (referred to as "Zhuhai Sanxin"), a wholly-owned subsidiary of Sanxin Technology, will invest in the construction of the Zhuhai Sanxin CECEP Solar Energy photovoltaic building integration and energy-saving curtain wall energy-saving doors and windows production base (Phase 2) project, with a total investment of 215 million yuan. According to the announcement, the construction site of the Zhuhai production base phase 2 project is located at No. 80, Dingwan Sixteen Road, Sanzao Town, Jinwan District, Zhuhai City, south of Dingwan Fifteen Road, with a land area of approximately 55,077.77 square meters. The construction content includes 2 factory buildings and 1 dormitory. The project construction period is estimated to be 27 months. It is reported that this project aims to improve the comprehensive utilization efficiency of resources at the Zhuhai production base, expand production capacity, and specialize in the curtain wall business.