Hongchang Electronics (603002.SH) subsidiary plans to invest in the construction of high-end copper clad laminate and prepreg projects, among others.

Zhitong Finance APP News, Hongchang Electronics (603002.SH) announced that its wholly-owned subsidiary's subsidiary Zhuhai Hongren Electronic Materials Technology Co., Ltd. signed a "Project Investment Agreement" with the Economic Development Bureau of Zhuhai Economic and Technological Development Zone to invest in and construct the "Zhuhai Hongren Phase II Expansion Automation and Intelligent Manufacturing Project," with a project investment amount of no less than RMB 190 million, of which fixed asset investment is approximately RMB 180 million.