Avary Holding Announces 10 Billion Yuan Investment for New Shenzhen AI High-End Substrate and Flexible Circuit Board Manufacturing Base

Stock News07-23 19:16

Avary Holding (Shenzhen) Co., Limited (002938.SZ) has announced a plan to invest 10 billion yuan to establish a new manufacturing base in Shenzhen. The project, named the Third Shenzhen Campus, will be dedicated to producing high-end AI substrates and flexible circuit boards.

Construction of the facility is scheduled to commence in July 2026, with operations expected to begin by 2033. This substantial investment aligns with the company's strategic roadmap, aiming to capitalize on the rapid growth of artificial intelligence technology.

Strategic Rationale for the Investment

The initiative is a key part of the company's efforts to accelerate its production layout for high-end PCB products. It is designed to strengthen the firm's comprehensive strategic positioning across the entire AI ecosystem, encompassing cloud infrastructure, network connectivity, and end-user devices.

Expected Project Outcomes

Upon completion, the new manufacturing base is anticipated to significantly expand the company's operational scale. It will also drive technological upgrades and product iteration across its various product lines, ultimately enhancing overall business performance and profitability.

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