Founder Technology Group Co.,Ltd. (600601.SH) announced that its wholly-owned subsidiary, Chongqing Gaomi, a company specializing in the R&D and manufacturing of high-end PCBs, will invest 1.364 billion yuan (including tax) to expand its AI production base in Chongqing. The project will be self-funded.
Chongqing Gaomi focuses on the development, production, and sales of high-frequency, high-speed, and high-density interconnect printed circuit boards, which are widely used in AI-related high-end switches, servers, and storage systems. These products feature high data capacity, high density, low signal loss, and high reliability.
Due to increasing customer demand, the existing production capacity at the Chongqing base is insufficient. The expansion project aims to rapidly scale up output by constructing new industrial facilities, introducing advanced equipment, and establishing highly automated production lines. Upon completion, the project will significantly enhance both production capacity and manufacturing capabilities.
The expansion is expected to optimize the product portfolio strategically, leading to substantial growth in annual output value. The construction period is set at 14 months, with an after-tax internal rate of return (IRR) of 19.92% and a static after-tax payback period of 5.69 years, indicating strong economic benefits.
This initiative will help Chongqing Gaomi increase its share of high-end orders, shifting the production base from "scale expansion" to "value enhancement." It will also better align the company’s products with the growing demand for high-performance PCBs in AI, cloud computing, and big data, addressing current capacity bottlenecks and meeting the long-term needs of key strategic clients while strengthening market competitiveness.
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