Jiujiang Defu Technology Plans 3.1 Billion Yuan Investment for 50,000 Ton High-End AI Electronic Circuit Copper Foil Project

Stock News17:38

Jiujiang Defu Technology Co.,Limited. (301511.SZ) has announced its intention to sign an investment project contract with the Jiujiang Economic and Technological Development Zone Administrative Committee. The company plans to invest approximately 3.1 billion yuan, which includes fixed asset investment of about 2.1 billion yuan and 1 billion yuan in operational working capital support for later stages. The investment will fund the construction of a project with an annual production capacity of 50,000 tons of high-end AI electronic circuit copper foil. The project will be implemented within the company's wholly-owned subsidiary, Jiujiang Amber New Material Co., Ltd. This initiative aims to expand the company's production capacity for high-end AI electronic circuit copper foil to meet customer and market demand, achieve industrial chain upgrades, and further enhance the company's competitiveness in the high-end copper foil market.

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