Great Measurement Technology: Plans to invest 1 billion RMB in Chengdu City.
Great Measurement Technology Announcement, in order to improve the national strategic layout and expand market share, the company plans to invest 1 billion RMB in Chengdu, mainly for equipment purchase, site construction, and land acquisition, etc. The sources of funds include own funds, bank loans, or other ways that comply with laws and regulations. The implementation of the project still needs to go through various pre-approval works such as project filing, environmental impact assessment, construction planning permit, construction permit, etc. The project is still in the planning stage and will not have a significant impact on the company's financial condition and operating results in the short term.
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