China Tungsten And Hightech Materials Unit to Inject 190 Million Yuan into High-Precision Micro Tool Expansion for AI Circuit Boards

Stock News

08/23

China Tungsten And Hightech Materials Co.,Ltd. (000657.SZ) has announced that its controlled subsidiary, Shenzhen Jinzhou Precision Tool Co., Ltd., will launch a project to expand annual production capacity by 140 million units of high-precision micro tools designed for AI high-speed and high-frequency printed circuit boards, with a total planned investment of 190 million yuan.

The move aims to meet growing market demand for these specialized tools, strengthen the company's competitive position, boost overall corporate competitiveness, and support high-quality development, according to the company's official statement.

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