Zhejiang Zuch Technology (301280.SZ) plans to invest no more than 409 million yuan to build a communications connector Southwest headquarters base project.

Zhejiang Zuch Technology (301280.SZ) has announced that, in order to seize development opportunities in the communications connector industry, accelerate its diversified business layout, fully leverage the company's technical accumulation and manufacturing advantages in the connector field, further enhance its collaborative supporting capabilities with downstream customers, and improve its overall competitiveness, the company plans to invest in and construct a communications connector Southwest headquarters base project. This project mainly involves the construction of production lines and related supporting facilities for products including but not limited to high-speed backplane connectors, I/O connectors, liquid cooling thermal modules, SATA-type communications connectors, SIM card socket-type communications connectors, Battery-type communications connectors, Jack-type communications connectors, and communications connector parts and accessories. The total investment amount of the project shall not exceed 409 million yuan (including land bidding fees, with the final amount subject to the actual investment in the project). The project funding sources are the company's own funds and bank loans.