On October 28th, Aoshikang made a significant announcement, revealing that it had inked an Industrial Project Development Agreement with the Administrative Committee of the Haimen Economic and Technological Development Zone. The company is set to embark on an ambitious venture, aiming to construct an intelligent computing and high-speed interconnected PCB (Printed Circuit Board) industrial base in Nantong, Jiangsu. With a staggering total estimated investment of 6 billion yuan, the project will be rolled out in three distinct phases. The initial phase alone will see an investment of approximately 2.5 billion yuan. This strategic move has already received the green light from the company's board of directors and is now awaiting the final review and approval from the shareholders' meeting. Additionally, the land required for this monumental project will be acquired through a public transfer process.
