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Allfavor Intelligent Circuits Unit Plans 1 Billion Yuan PCB Manufacturing Base Expansion

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Jiangsu Allfavor Intelligent Circuits Technology (SHE:300964) unit Zhuhai Shuohong Circuit Board plans to invest up to 1 billion yuan to expand its multi-layer high-end interconnection PCB manufacturing base in Zhuhai, Guangdong, according to a Wednesday filing.

The project will use the unit's existing land to build five additional facilities, including production plants, employee accommodation, a chemical warehouse, and a wastewater treatment station.

The project will strengthen its PCB production capacity and manufacturing capabilities, while improving its ability to serve customers in southern China.

The project is not expected to have a material impact on the company's 2026 results, it said.

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