Shengyi Technology: Plans to invest 5.2 billion yuan to build a high-performance copper clad laminate project.

Shengyi Technology Announcement: The company plans to invest 5.2 billion yuan to build a high-performance copper clad laminate project, which will be located in Qishi Town, Dongguan City. It is expected to have an annual production capacity of 48 million square meters and 100 million meters of commodity adhesive sheets. The project will be constructed in two phases, with production expected to begin in 2028. The total investment of the project is approximately 5.2 billion yuan, including around 2 billion yuan for land acquisition costs, approximately 2.37 billion yuan for main production equipment, around 1.57 billion yuan for factory construction and supporting projects, approximately 660 million yuan for supporting equipment and facilities, around 2 billion yuan for information management systems, and approximately 2 billion yuan for working capital.