A · Important
[Kangda Technology: Plans to invest 501 million yuan in the construction of the first phase of high-performance electronic fiberglass materials project] On October 29, Kuangda Technology (002516.SZ) announced that the company's wholly-owned subsidiary Changzhou Kuangda Electronic Materials Co., Ltd. plans to invest in the construction of a high-performance electronic glass fiber material project (phase one), with an estimated total investment of 501 million yuan, and plans to form an integrated production capacity of approximately 35 million meters of high-performance electronic cloth and supporting electronic yarn per year. The project construction period is 10 months.
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