On September 8, BC Smart disclosed its strategic initiative to enter into an investment and construction accord with the Administrative Committee of the Nanjing Lishui Economic Development Zone. The company aims to channel 2 billion yuan into a cutting-edge project focused on the industrialization of high-multi-layer and advanced HDI circuit boards tailored for AI computational power, boasting an impressive annual production capacity of 1.5 million square meters. The comprehensive investment blueprint for this project is slated for completion within a five-year timeframe, with financial resources stemming from the company's internal reserves and funds raised independently. Once operating at full throttle, the project is projected to yield an annual output value of 2 billion yuan and generate annual tax revenues of no less than 60 million yuan. However, this strategic move is still pending approval from the shareholders' meeting.
