On September 24, Yibo Technology made an announcement stating that its board of directors had given the green light to an investment proposal. The company intends to assign its wholly-owned subsidiary, Zhuhai Yibo Electronics, the task of constructing Phase II of the Zhuhai PCB factory project. The total fresh investment for this endeavor will not surpass 800 million yuan, and the funds will be drawn from the company's own reserves or raised through self-financing methods. This strategic move is designed to cater to the prevailing market demand, ensure prompt fulfillment of customer orders, and bolster the company's overall competitive edge in the industry.
