Core Viewpoint - The company has signed a supplementary contract with the Jiujiang Economic and Technological Development Zone Management Committee to invest an additional 1 billion RMB in the development of specialized copper foil production facilities, aiming to enhance its competitiveness in the high-end copper foil market [1] Investment Details - The investment will be used to construct research and production workshops for carrier copper foil, embedded resistance copper foil, and high-frequency high-speed copper foil, along with supporting equipment [1] - The project will be implemented through the company's subsidiary, Jiujiang Amber New Materials Co., Ltd [1] Strategic Objectives - The investment aims to expand high-end copper foil production capacity, achieve import substitution, and upgrade the industrial chain [1] - The company seeks to improve its market competitiveness in high-end copper foil products [1] Financial Implications - The project is expected to exert some pressure on the company's finances and cash flow [1] - The contract does not constitute a related party transaction or a major asset restructuring and falls within the board's decision-making authority, thus not requiring shareholder approval [1] Risks and Management - The company acknowledges potential risks related to the absorption of new production capacity, technological iteration, and management challenges [1] - The company plans to adjust the project implementation schedule based on actual conditions and will fulfill its information disclosure obligations in a timely manner [1]
德福科技：新增投资10亿元建设特种铜箔研发生产车间