On June 23, Guangzhou Guanghe Technology Co., Ltd. made an announcement stating its intention to enter into an investment agreement with the Management Committee of the Dongguan Shuixiang Special Development Economic Zone and the People's Government of Machong Town, Dongguan City. As per the agreement, the company will invest a substantial 6 billion yuan in the construction of the 'Guanghe Technology Dongguan Smart Manufacturing Headquarters Project' located in Machong Town, Shuixiang Economic Zone, Dongguan City. Out of this total investment, 5 billion yuan will be allocated towards fixed asset investment. The project will be implemented in two distinct phases, with a primary emphasis on the production, manufacturing, research and development, as well as the sales of high-end equipment printed circuit boards (PCBs), aligning with industry standards and market demands.
