Clou Electronics announced that its controlled subsidiary, Suzhou Clou Dongzi Electric Co., Ltd., plans to invest in the expansion project of its smart electrical headquarters base, with a total investment not exceeding 100 million yuan, funded by its own or self-raised funds. The project aims to enhance distribution network equipment production capacity and lay out new high-voltage power transmission and transformation products, strengthening overall capabilities and market competitiveness. The project construction period is approximately 37 months, and relevant approval procedures still need to be completed, with some uncertainty.
Shenzhen Clou Electronics Co LtdPlans to invest up to 100 million yuan to expand smart electrical base, enhancing capacity and competitiveness.
