On December 22, CSOT Electronics made an announcement. Its 10th Board of Directors held its 15th meeting and approved the "Proposal on Investing in the Expansion and Upgrading Technology Transformation Project for High - Performance HDI Printed Circuit Boards."

This project will be carried out by its controlled subsidiary, Shantou CSOT Printed Circuit Board (Third Factory) Co., Ltd. It is projected to involve a total investment of 1,007.55 million yuan (tax not included). The core objective of the project is to boost both the production capacity and technological prowess of high - performance HDI printed circuit boards. This will be achieved through renovating existing facilities and procuring advanced equipment. By doing so, it aims to cater to the needs of various fields, including mobile terminals, automotive electronics, high - end consumer electronics, and other sectors propelled by artificial intelligence technology.

Once completed, the project is expected to contribute an additional annual production capacity of 240,000 square meters. In the third year of full - scale operation, it is projected to generate annual sales revenue of 807.78 million yuan and lead to a total profit increase of 112.26 million yuan.

In terms of funding, the project will secure a bank loan of 720 million yuan, and the remaining funds will come from the company's own coffers. It is anticipated that by December 2026, 50% of the designed production capacity will be realized, and full production capacity is expected to be reached by June 2027.