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Chenghe Technology: Its Fully-Owned Subsidiary Intends to Invest Up to 1.3 Billion Yuan in a Project Focused on High-Frequency, High-Speed Electronic Materials and Premium Additives
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Author：小编
Chenghe Technology has made an announcement stating that its fully-owned subsidiary, Guangdong Chenghe Electronic Materials Co., Ltd., is set to invest in and develop a project centered around high-frequency, high-speed electronic materials and premium additives in Dongguan, Guangdong province. The overall investment for this project is capped at 1.3 billion yuan, with financial support coming from a mix of raised capital, the company's own reserves, bank loans, and other sources. The project aims to manufacture 2,500 tons of polyphenylene oxide resin, 2,500 tons of high-frequency, high-speed flame retardants, and 20,000 tons of premium synthetic hydrotalcite, spanning a total area of 141,000 square meters.
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