On August 6, Elton Electronics made public its intention to allocate 2.979 billion yuan from its own coffers and self-raised capital towards the establishment of an intelligent manufacturing project tailored for high-end printed circuit boards. This endeavor will concentrate on the production of high-end, high-speed, and multi-layer PCBs, boasting a construction timeline of 21 months. The project is slated to kick off on December 1, 2026, and is projected to yield an investment return rate of 13.01%. However, the proposal is still pending submission to the shareholders' meeting for thorough review and approval.
