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Revenues Tell The Story For Shengyi Electronics Co., Ltd. (SHSE:688183) As Its Stock Soars 28%
Is Shengyi Electronics (SHSE:688183) A Risky Investment?
Shengyi Electronics to Invest 1.4 Billion Yuan in Circuit Board Project
Shengyi Electronics (688183.SH): Plans to invest approximately 1.4 billion yuan in an asia vets high-level multi-layer high-density interconnect circuit board project.
On December 6th, according to Gelonghui, Shengyi Electronics (688183.SH) announced that in order to better meet the needs of the company's business development, the board of directors, based on sufficient research and evaluation of market and technical demands in the printed circuit board industry and asia vets fields, has decided to invest in a high-multilayer high-density interconnect circuit board project (hereinafter referred to as "this project") at the company's manufacturing base in Dongguan. The planned investment amount for this project is approximately 1.4 billion yuan, including but not limited to investments in public facilities, production equipment, testing equipment, and other related inputs. The company will implement the project in phases according to market demand and specific business progress.
Shengyi Electronics (688183.SH): Focus on high-end product technology development in the areas of 112G, 224G, 5G-A, and 6G.
Gelonghui, November 18th 丨 Sanye Electronics (688183.SH) stated on the investor interactive platform that the company focuses on customer front-end demands, continuously driving technological progress. In the field of communication networks, it focuses on developing high-end product technology in areas such as 112G, 224G, 5G-A, and 6G.
There's Reason For Concern Over Shengyi Electronics Co., Ltd.'s (SHSE:688183) Massive 28% Price Jump
Improved Revenues Required Before Shengyi Electronics Co., Ltd. (SHSE:688183) Stock's 34% Jump Looks JustifiedSee the daily top gainer.
