Kuangda Technology has made an announcement stating that its fully-owned subsidiary, Changzhou Kuangda Electronic Materials Co., Ltd., is set to invest a substantial sum of 501 million yuan in the development of a high-performance electronic glass fiber materials project (Phase I). This ambitious endeavor is projected to yield an annual production capacity of roughly 35 million meters of top-tier electronic fabrics and complementary electronic yarns. The entire construction phase is slated to span 10 months, reflecting the company's commitment to swift and efficient execution.
