Honchuan Intelligence (300964.SZ) plans to invest about 2 billion yuan to build a new industrial project for multi-layer, high-grade HDI circuit boards with high AI computing power

According to the Zhitong Finance App, Benchuan Intelligence (300964.SZ) announced that in order to meet the company's overall development strategy planning needs and further optimize the company's industrial structure, the company plans to invest in the construction of a new multi-layer, high-grade HDI circuit board industrialization project with an annual output of 1.5 million square meters of AI in the Lishui Economic Development Zone in Nanjing. The total investment of the project plan is about 2 billion yuan. The overall investment plan is expected to be completed in five years. The funding sources are own and self-funded. The company plans to sign the “Lishui District Industrial Project Investment and Construction Agreement” with the Nanjing Lishui Economic Development Zone Management Committee for the implementation of this project.

The announcement stated that this project is in line with industry trends and will help the company seize development opportunities in the AI computing power market and improve the industrial layout. After delivery, the project will add an annual production capacity of 1.5 million square meters of AI multi-layer, high-grade HDI circuit boards to further meet the needs of downstream customers. At the same time, part of this project will be invested in R&D team formation, core technology iteration, and product optimization and update, which is conducive to enhancing the company's technical research and development capabilities in the field of high-level and high-end HDI.