Jiangnan New Materials (603124.SH) plans to invest 300 million yuan to build a high-end copper-based core material research and industrialization project.

Wisdom Financial News APP news, Jiangnan New Materials (603124.SH) announced that the company plans to invest and construct a high-end copper-based core material research and industrialization project in the Yingtan High-tech Industrial Development Zone. The total investment amount of the project is approximately 300 million yuan, with a planned land area of about 320 acres. The project is intended to build intelligent manufacturing plant, purchase advanced production equipment, and build supporting modern manufacturing facilities such as comprehensive office buildings, research and development buildings, dormitory buildings, warehouses, etc. The main products of the project include copper ball series, high-precision copper-based heat sink series, etc.