Guanghe Technology: Intends to purchase land use rights and invest 2.6 billion yuan to build the Yunqing Smart Manufacturing Base project.
Guanghe Technology announcement, the company plans to purchase the land use rights located east of Dongjiang Avenue, Huangpu District, Guangzhou City, which is auctioned by the Guangzhou Development Zone Planning and Natural Resources Bureau through bidding and auction, and invest in the construction of the Yunqing Intelligent Manufacturing Base project. The total investment amount of this project is approximately 2.6 billion yuan, and the sources of funds include self-owned funds, bank loans, or other financing methods. The project covers a land area of 27,452.5 square meters, with a land use term of 50 years and a starting bidding price of 41.32 million yuan. The project is expected to run from the second half of 2025 to 2027, with an estimated after-tax payback period of approximately 6.5 years. The project aims to expand the production capacity of high-end printed circuit boards to meet market demand, enhance the company's core competitiveness, and market position.
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