China Tungsten And Hightech Materials Co.,Ltd. (000657.SZ) has announced a plan to invest 145 million yuan in a new project to increase its annual production capacity of PCB drill rods by 30 million units. The project, which has a construction period of 12 months, aims to further expand the company's market share in PCB drill rods, secure the supply of raw materials for its PCB cutting tools, and strengthen its leading position in the complete industrial chain of PCB tools.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.