Anhui Xinke New Materials announced that its wholly-owned subsidiary, Xinzi Nengke, plans to invest 87.5 million yuan to build a Copper cable project for high-speed communication connections in Santai County, Sichuan Province. The project will produce 0.04 million kilometers of Copper cable annually, with a planned construction period of 16 months, and the expected sales revenue in the year of reaching full capacity is estimated at 0.18 billion yuan. The project's funding will come from the company's self-raised funds, aimed at expanding the Industry Chain and enhancing market competitiveness.
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鑫科材料:拟投资8750万元建设铜缆项目
Anhui Xinke New Materials plans to invest 87.5 million yuan in the construction of a Copper cable project.
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