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Hongchang Electronic: Its Fully-Owned Subsidiary’s Subsidiary Plans to Ink Project Deal with Minimum Investment of Around 800 Million Yuan
12 hour ago /
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Author：小编
On October 20, Hongchang Electronic made an announcement stating that its fully-owned subsidiary’s subsidiary, Zhuhai Hongren, plans to enter into an agreement with the Administrative Committee of the Zhuhai Economic and Technological Development Zone. The purpose of this agreement is to invest in and undertake the construction of a high-end copper clad laminate and prepreg project. The investment required for this project is no less than 800 million yuan, with a minimum of 700 million yuan earmarked for fixed asset investment. This decision has already received the green light from the company's board of directors.
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