Baoxiniao Holding (SHE:002154) plans to invest between 300 million yuan and 400 million yuan to construct a headquarters, and a research and development center in China's Yangtze River Delta.
The Shanghai R&D Center and Baoxiniro Yangtze River Delta Headquarters will be built within two years, the Chinese clothing maker said Friday.
The company's shares rose more than 1% in recent trade.