Shenzhen Woer Heat-shrinkable Material (002130.SZ) plans to build production bases in Vietnam and Malaysia with a total investment not exceeding 1 billion yuan to optimize its global production capacity layout.

18:24 16/12/2025

The announcement of Wolfram Nuclear Materials (002130.SZ) stated that the company plans to use a total of no more than 1 billion yuan (or equivalent foreign currency, with the final investment amount subject to actual investment) of self-raised funds to invest in and construct production bases in Vietnam and Malaysia. Among them, it is proposed to use no more than 500 million yuan (or equivalent foreign currency) to expand the production base in Vietnam, and no more than 500 million yuan (or equivalent foreign currency) to invest in and construct a production base in Malaysia.

Shenzhen Woer Heat-shrinkable Material (002130.SZ) announced that the company plans to use self-raised funds totaling no more than 1 billion RMB (or equivalent foreign currency, with the actual investment amount as the final decision) to invest in the construction of production bases in Vietnam and Malaysia. Specifically, the company plans to invest no more than 500 million RMB (or equivalent foreign currency) to expand the production base in Vietnam, and no more than 500 million RMB (or equivalent foreign currency) to build a production base in Malaysia. In particular, the company plans to expand capacity through its subsidiary in Bc Ninh Province, Vietnam, to increase the production capacity of main products such as communication cables, special cables, etc. The project includes but is not limited to the purchase of necessary production equipment, factory renovation, and working capital. The company plans to establish a production base in Johor, Malaysia through its subsidiary, to engage in the production and sale of main products such as automotive wire harnesses, heat shrink materials for pipe protection, and insulating sleeves. The project includes but is not limited to land purchase, construction of factory buildings, equipment purchase, and working capital. It is reported that this investment in building production bases in Vietnam and Malaysia will help the company further optimize its global production layout, enhance supply chain resilience, and market response capabilities.

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Morgan Stanley predicts that the upward trend of gold prices will slow down, reaching $4800 in the fourth quarter of next year.

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