Shenzhen Kaizhong Precision Technology (002823.SZ) plans to invest 116 million yuan to implement technological transformation and expansion of the Heyuan New Energy Automotive Parts Intelligent Manufacturing Industrial Base.
Kaizhong Precision (002823.SZ) announced that its wholly-owned subsidiary, Heyuan Kaizhong Precision Manufacturing Technology Co., Ltd. (referred to as "Heyuan Kaizhong"), plans to invest 116 million yuan in the renovation and expansion of Heyuan New Energy Vehicle Parts Intelligent Manufacturing Industry Base using its own funds and self-raised funds. The implementation of this project aims to meet the future production capacity needs of new energy precision connectors for first-tier car manufacturers and well-known Tier 1 customers in both domestic and international markets, as well as new projects in emerging industries.
Shenzhen Kaizhong Precision Technology (002823.SZ) announced that its wholly-owned subsidiary, Heyuan City Shenzhen Kaizhong Precision Technology Manufacturing Technology Co., Ltd. (referred to as "Heyuan Kaizhong"), plans to invest 116 million yuan in the expansion and technological transformation of the Heyuan new energy vehicle component smart manufacturing industrial base using its own funds and raised funds. The implementation of this project aims to meet the future capacity demand for new energy precision connectors for first-tier domestic and foreign vehicle manufacturers, well-known Tier 1 customers, and new products in emerging industries.
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