Kaizhong Precision(SZ:002823) Ge Long Hui·2026-01-20 13:00Core Viewpoint - The company, Kaizhong Precision (002823.SZ), is investing 116 million RMB to expand its manufacturing capabilities for new energy precision connectors to meet the demand from leading automotive manufacturers and Tier 1 clients [1]. Group 1: Investment Details - The investment will be made by the wholly-owned subsidiary, Heyuan Kaizhong Precision Manufacturing Technology Co., Ltd. [1] - The total investment amount is subject to actual investment, indicating flexibility in financial planning [1]. - The company’s board has authorized the management to handle all matters related to the investment agreement and project approvals [1]. Group 2: Project Purpose - The expansion aims to fulfill future capacity needs for new products in emerging industries and precision connectors for new energy vehicles [1]. - The project is aligned with the growing demand from domestic and international first-line automotive companies [1].