Changhong Meiling (000521.SZ) plans to invest 79.8 million yuan in the construction of dryer and dishwasher projects.

Changhong Meiling (000521.SZ) announced that, in accordance with the company's strategic development plan and operational needs, to enhance the white goods category matrix and achieve high-quality development, the company and its subsidiary Hefei Changhong Industrial Co., Ltd. (hereinafter referred to as "Hefei Industrial") intend to invest in the construction of dryer and dishwasher projects, with a total investment of 79.8 million yuan. After the implementation of the project, it will increase the production capacity of dryers, improve the white goods category matrix, leverage the synergy between industries and channels, and promote the high-quality development of the company. This investment in the construction of dryer and dishwasher projects is a prudent decision made by the company based on its strategic development planning and the demand for the dryer and dishwasher industry. The implementation of the project is beneficial for the company to enhance the white goods category matrix, diversify product categories, directly increase the manufacturing capacity of dryers and dishwashers, and expand the industrial scale. At the same time, it will promote business synergies and integrated development among product lines such as refrigerators, washing machines, and kitchen appliances, achieving high-quality development for the company.