Core Viewpoint - Guangdong Shantou Ultrasonic Electronics Co., Ltd. has approved two significant investment proposals during its 15th meeting of the 10th Board of Directors, focusing on expanding high-performance HDI printed circuit board production and utilizing idle funds for entrusted wealth management [1][5][15]. Group 1: Investment in High-Performance HDI PCB - The company plans to invest in the expansion and upgrade of high-performance HDI printed circuit boards to enhance production capacity and technology, aiming to meet strategic customer demands and strengthen market competitiveness [15][17]. - The total investment for the HDI PCB project is estimated at 100,755 million yuan (excluding tax), with a projected annual production capacity increase of 240,000 square meters [17][21]. - Funding for the project will come from a bank loan of 72,000 million yuan and the remainder from the company's own funds [18]. Group 2: Entrusted Wealth Management - The company has approved the use of up to 80,000 million yuan of idle funds for entrusted wealth management, focusing on low-risk investments such as principal-protected structured deposits [5][6]. - The entrusted wealth management activities will be valid for 12 months from the date of board approval, allowing for rolling investments within the approved limit [7][11]. - The objective of this investment is to improve fund utilization efficiency and increase cash asset returns while ensuring that daily operations and fund safety are not compromised [11].
广东汕头超声电子股份有限公司 第十届董事会第十五次会议决议公告