Asahi Optical Electronics: Intends to invest no more than 355 million yuan to build a high-voltage vacuum arc extinction room industrialization project.

Asahi Electronics announced that the company plans to invest no more than 355 million yuan to build a high-voltage vacuum arc extinguishing chamber industrialization project, with an expected construction period of 24 months. The project will establish an annual production capacity of 20,000 high-voltage vacuum arc extinguishing chambers, aimed at breaking through the core technology of localization production of high-voltage vacuum arc extinguishing chambers of 126kV and above. The project funds will come from self-owned funds and bank loans, with uncertainties in fundraising, and the project site has not been finally determined. The project construction involves multiple approval matters, with market risks and uncertainties in economic benefits due to changes in future market conditions. The company will implement equipment purchase plans in stages based on project progress and market development, increase research and development efforts for new products, improve manufacturing processes and product performance, and actively explore emerging markets.