On October 8, Zhucheng Technology made public that its board of directors had approved a proposal to allocate an investment not exceeding 409 million yuan towards the development of the Southwest Headquarters Base Project dedicated to communication connectors. This financial commitment will be funded through a combination of the company's internal reserves and bank financing. The project encompasses the setup of production lines and auxiliary facilities for manufacturing high-speed backplane connectors, I/O connectors, liquid cooling heat dissipation modules, among others. It's important to note that this proposal is pending final approval from the shareholders' meeting.
