WUS(SZ:002463) Ge Long Hui·2026-01-12 10:16Core Viewpoint - The company, Huadian Co., Ltd. (002463.SZ), has approved the establishment of a wholly-owned subsidiary to undertake a "High-Density Optoelectronic Integrated Circuit Board Project" with a total planned investment of $300 million [1][2] Group 1: Project Overview - The project aims to set up a wholly-owned subsidiary in Jintan District, Changzhou, focusing on advanced technologies such as CoWoP and mSAP [1] - The project will create a closed-loop system for "R&D - pilot testing - verification - application" to enhance product capabilities in signal transmission, power distribution, and functional integration [1] - Upon reaching full production capacity, the project is expected to add an annual capacity of 1.3 million high-density optoelectronic integrated circuit boards, generating an estimated annual revenue of 2 billion RMB [1] Group 2: Investment Details - The registered capital for the planned subsidiary is set at $100 million, with the investment divided into two phases: the first phase will invest $100 million, and the second phase will invest $200 million based on the first phase's outcomes and market demand [1] - The management is authorized to negotiate with local government authorities regarding the project and to adjust investment amounts, construction progress, and production capacity as necessary [2]