Chenghe Technology (688625.SH) Subsidiary plans to invest up to 1.3 billion yuan in the construction of high-frequency high-speed electronic materials and high-end additives projects.

The Zhixin Finance and Economics APP reported that Chenghe Technology (688625.SH) announced that in order to further expand the company's production scale, improve the industrial layout, expand high-frequency and high-speed electronic materials and other businesses, enhance core competitiveness and sustainable development capabilities, its wholly-owned subsidiary Chenghe Electronics plans to invest in the construction of high-frequency and high-speed electronic materials and high-end additives projects in Dongguan City, Guangdong Province. The total investment of the project will not exceed 1.3 billion yuan.