Dingyang Technology (688112.SH) issued an announcement to effectively improve the supply of the company's related main products in the global market...
Zhitong Finance App News, Dingyang Technology (688112.SH) issued an announcement. In order to effectively enhance the supply capacity and competitiveness of the company's relevant main products in the global market, meet the growing market demand for global general electronic test and measurement instruments, promote continued rapid growth in the company's performance, enhance the company's core competitiveness, and enhance the company's overall resilience to risks, the company plans to invest 180 million yuan to build a Malaysian production base. The project construction will be carried out in two phases, with an investment of 18.9502 million yuan in the first phase and 161 million yuan in the second phase. The company plans to establish a wholly-owned subsidiary, Dingyang Technology (Malaysia) Co., Ltd., to be specifically responsible for the implementation of the project.
The announcement said that the establishment of a wholly-owned subsidiary in Malaysia will further expand the production capacity scale of products such as digital oscilloscopes, waveforms and signal generators, spectrum analyzers, power supplies and electronic loads through the purchase of advanced production equipment, and improve the company's overseas manufacturing capacity, effectively enhance the supply capacity and competitiveness of related main products in the global market, meet the growing market demand for global general electronic test and measurement instruments, and help improve the company's performance.