WUS Printed Circuit (Kunshan) (SHE:002463) plans to build a printed circuit board factory for 4.30 billion yuan to expand its production and meet growing demand, according to a Shenzhen Stock Exchange disclosure on Friday.
The factory in Yushan Town, Kunshan City, Suzhou City, Jiangsu Province, China will produce 290,000 square meters of high-end printed circuit boards that support artificial intelligence chips every year.
The construction will be implemented in two phases within eight years. The first phase is expected to be completed in 2028 and the second in 2032, the disclosure said.
The company's shares jumped less than 5% at the close.
Price (RMB): ¥44.28, Change: ¥+2.0, Percent Change: +4.61%
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