On behalf of subsidiary to announce board of directors approved the capital expenditure budget for p
1.Date of the resolution of the board of directors or
shareholders meeting: 2025/07/30
2.Content of the investment plan:
1.Subsidiary, EMC (Kunshan) approved the capital expenditure budget for
plant expansion
2.Subsidiary, EMC (Zhongshan) approved the capital expenditure budget for
plant expansion
3.Projected monetary amount of the investment:
1.Subsidiary,EMC(Kuanshan):capital expenditure is around RMB 1.935 billion.
2.Subsidiary,EMC(Zhongshan):capital expenditure is around RMB 1.682 billion
4.Projected date of the investment:
Investments to commence progressively starting from 3Q25.
5.Source of capital funds:
Self-funding, syndicate loans from banking system or fund-raising.
6.Specific purpose:
The need for plant expansion.
7.Any other matters that need to be specified:None