Jingwang Electronics (603228.SH) plans to invest 5 billion yuan to expand production at its Jinwan base in Zhuhai.

The Zhongwang Electronic (603228.SH) announced that the company plans to invest RMB 5 billion using its own funds or self-raised funds to expand the production at the Zhongwang Electronic Zhuhai Jinwan base. The expansion investment project will mainly be used for the technological transformation and upgrading of the existing factory, the construction of a new factory, and the enhancement of production capacity and technological capabilities for high-end HDI, HLC, SLP, to meet the needs of customers in the fields of AI computing power, high-speed network communication, autonomous driving in cars, AI edge applications, and others. The construction period for this investment project is from 2025 to 2027.