UniTTEC to Invest 717 Million Yuan in Hangzhou HQ, R&D Project

MT Newswires Live08-18

UniTTEC (SHE:000925) plans to invest 717 million yuan to build its Binjiang global headquarters and research and development center.

The construction includes three buildings with a total floor area of 74,700 square meters in Hangzhou, China, according to a filing with the Shenzhen bourse.

The project is slated for completion 36 months after obtaining the construction permit.

Shares of UniTTEC closed 2% higher Monday.

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