Zhucheng Technology (301280.SZ) plans to invest no more than 409 million yuan to build the Southwest Headquarters Base project for communication connectors.

Zhito Finance APP News, Zhucheng 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 the Southwest Headquarters Base Project for communications connectors. 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 heat dissipation 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 RMB 409 million (including land bidding purchase costs, and ultimately subject to the actual investment amount of the project). The project funding sources are the company's own funds and bank loans.