On July 24, Dongfang Electronics (000682.SZ) made an announcement detailing its intention to allocate 2.47 billion yuan from its own financial resources towards the establishment of a Smart Energy Innovation Industrial Park. This ambitious project encompasses the acquisition of 535 acres of land, followed by its development. The implementation of the project will be systematically carried out in three distinct phases, with an anticipated payback period ranging from 6.2 to 6.6 years. The primary objectives of this endeavor are to cater to the company's business expansion and production capacity requirements, while also bolstering its core competitiveness in the market.
