Avary Holding Shenzhen (SHE:002938) plans to invest 10 billion yuan to build the Shenzhen Third Park in Bao'an District, Shenzhen.
The project is an artificial intelligence high-order substrate-like printed circuit board and flexible printed circuit board intelligent manufacturing base, according to a Friday filing with the Shenzhen bourse.
Construction is slated to start in July, with commercial production by 2033.
Shares of the printed circuit board manufacturer rose 2% in recent trade.