Overview - The company plans to acquire land use rights through public bidding to build a cloud manufacturing base project, with an estimated investment of approximately 2.6 billion RMB [1][2] - The investment will be funded through self-owned funds, bank loans, or other financing methods [1] Land Acquisition Details - The land area for construction is approximately 25,349.37 square meters, with an additional green land area of 2,103.13 square meters [2] - The land is being sold by the Guangzhou Development Zone Planning and Natural Resources Bureau, and there are no related party transactions involved [2] Project Investment Overview - The project aims to meet the growing market demand for high-end PCB products driven by the increasing capital expenditure of global server cloud manufacturers [3][4] - The estimated tax return period for the investment project is about 6.5 years, including the construction period [2] Market Demand and Growth - The global PCB industry is projected to reach a market value of 78.562 billion USD in 2025, with a year-on-year increase of 6.8% [2] - High-end products such as HDI boards and multilayer boards are expected to maintain high growth rates, with compound annual growth rates of 6.40% and 15.70% from 2024 to 2029, respectively [2] Competitive Advantage - The company has established a production capacity for 46-layer multilayer boards and has validated the 7-stage HDI manufacturing process [3] - The company is recognized as a leading server PCB supplier in China, continuously enhancing its competitive edge through technology research and development, engineering design, and quality control [4] Operational Experience - The company has accumulated extensive operational management experience from its factories in Guangzhou, Huangshi, and Thailand, which will support the successful implementation of the new project [5] R&D Capabilities - The company invests 4% to 5% of its annual revenue in research and development, ensuring a strong foundation for technological advancements and product innovation [5] - As of December 31, 2024, the company has applied for 418 patents, demonstrating its commitment to continuous improvement in technology and production processes [5] Customer Relationships - The company has established long-term, stable relationships with major domestic and international server manufacturers and EMS companies, providing a reliable market foundation for the new project [6] Strategic Alignment - The investment aligns with national industrial policies and the company's strategic development plan, enhancing its production capacity for high-end PCBs and solidifying its market position [6]
广合科技: 关于拟购买土地使用权并投资建设云擎智造基地项目的公告