[Chinatungsten High-tech: Subsidiary Zhuzhou Hard Alloy Company plans to invest 131 million yuan to implement a PCB drill rod quality and efficiency improvement project] On October 22, Chinatungsten High-tech (000657.SZ) announced that the company’s wholly-owned subsidiary Zhuzhou Cemented Carbide Group plans to implement a PCB drill rod quality and efficiency improvement technological transformation project, with an estimated total investment of 131 million yuan and a construction period of 10 months. The project will add an annual production capacity of 20 million PCB drill rods, aiming to enhance the supply capacity of medium and large-sized products and consolidate the company's leading position in the entire PCB tool industry chain. The source of funding is China Tungsten High-Tech's new investment of 120 million yuan, and the remainder will be raised by Zhuhai Hardware Company itself.