Jiangxi Redboard Technology (603459.SH) subsidiary plans to implement a project to upgrade and transform the high-end HDI precision circuit board production line equipment, with a budget not exceeding 90 million yuan.

Jiangxi Redboard Technology (603459.SH) announced that, in order to seize the opportunity for the development of the high-end display industry, further optimize product structure, expand high-end HDI precision circuit board production capacity, and enhance the company's comprehensive competitiveness and profitability in the high-end PCB field, the company's wholly-owned subsidiary, Ganzhou Redboard, plans to implement a project for the upgrade and intelligent transformation of the high-end HDI precision circuit board production line equipment within the existing plant area, with a total investment not exceeding 900 million yuan and a construction period of 12 months. This investment will help the company seize the growth opportunities in the high-end display industry, expand the capacity of high value-added products, further enhance market share; upgrade production processes and equipment levels, consolidate the company's technological advantages in the high-precision PCB field, strengthen core competitiveness; optimize overall product structure, enhance overall profitability, and help the company achieve sustained and steady development. This technical transformation project is centered around the company's core PCB business and is in line with the company's long-term development strategy. The project is not expected to have a significant impact on the company's operating performance for the year 2026, but as the project progresses steadily and is implemented, it is expected to further improve the company's layout of high-end products, enhance the subsidiary's operational strength and profitability, and have a positive impact on the company's future business development and operational efficiency.