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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.