Pinggao Electric (600312.SH) subsidiary plans to invest 1.4 billion yuan to build a GIS smart factory.

Zhtng Cijng APP Xn, Pnggo Dinq (600312.SH) Fb Gnggo, Wi Qingzhu Shchng Jhu, Mnz Shchng Kuis Zngzhng Du Chnnng de Xqi, Tudng Shzhhu Zhunxng Shngj, Gngs Qunz Zgngs Pnggo Dinq Zhhu Kigun Zhungbi (Hnn) Yuxin Gngs N Tuz 14 Y Yun, Jinsh Pnggo Dinq GIS Ls Dtn Zhhu Gngchng Xingm (Jinchng GIS Zhhu Gngchng). Zhtng Cijng APP News, Pinggao Electric (600312.SH) announced that in order to seize market opportunities, meet the rapid growth demand for production capacity in the market, and promote digital transformation and upgrading, its wholly-owned subsidiary Pinggao Electric Smart Switch Equipment (Henan) Co., Ltd. plans to invest 1.4 billion yuan to build the Pinggao Electric GIS green, low-carbon intelligent factory project (referred to as the "GIS intelligent factory").