Jin'an International (002636) has officially declared that, on July 22, it entered into an investment agreement with the People's Government of Jinwan District, Zhuhai City, concerning a capital increase and production expansion endeavor. The planned total investment stands at roughly 2 billion yuan, earmarked for the establishment of a project aimed at annually manufacturing 20 million copper-clad laminates and 40 million meters of semi-cured sheets, thereby catering to market demands. The anticipated construction timeline for this project spans 2 years, with a land requirement of approximately 35,000 square meters. The financial resources for this venture will be sourced from the company's internal reserves or self-raised capital. However, the definitive investment blueprint is contingent upon the endorsement of the board of directors or shareholders' meeting and might undergo modifications.
