Jiangnan New Materials (603124.SH) plans to invest 300 million yuan to build high-end copper-based core materials R&D and industrialization projects

Zhitong Finance App News, Jiangnan New Materials (603124.SH) announced that the company plans to invest in the development and industrialization of high-end copper-based core materials in the Yingtan High-tech Industrial Development Zone. The total investment amount of the project is about 300 million yuan, and the planned land is about 320 acres. The project plans to build an intelligent manufacturing plant, purchase advanced production equipment, and support the construction of modern manufacturing facilities such as integrated office buildings, R&D buildings, dormitories, warehouses, etc. The main products of the project include copper ball series, high-precision copper-based heat sink series, etc.

This investment in high-end copper-based core materials R&D and industrialization projects is an investment decision made by the company based on its own development situation, development strategy, business layout and product market demand. After completion, the project will improve the company's intelligent automated production level, achieve intensive production and intensive office, which will help enhance the company's overall operational efficiency, further enhance the company's manufacturing capacity, production efficiency, R&D capacity, management level and scale efficiency, better meet the growing demand of the product market, and enhance the company's comprehensive competitiveness and sustainable development capabilities. Strategy.