Ningbo Peacebird Fashion Plans to Invest 600 Million Yuan in Fashion R&D Center Project

MT Newswires Live2024-11-19

Ningbo Peacebird Fashion (SHA:603877) is planning to invest about 600 million yuan in the Peacebird fashion research and development center project.

The project is located at Plot GX04-01-22, Yinzhou district in Ningbo City, Zhejiang Province, China, according to a Tuesday filing with the Shanghai bourse.

The project is slated for completion by the end of 2028.

Shares of the fashion company were down 6% in recent trade.

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