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China Tungsten and Hightech Materials to Build AI Micro Tools Plant for 190 Million Yuan; Shares Down 3%

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China Tungsten and Hightech Materials (SHE:000657), through its subsidiary Shenzhen Jinzhou Precision Technology, will construct a 190 million yuan plant that will produce high-precision micro tools for artificial intelligence or AI printed circuit boards, according to a Monday disclosure on the Shenzhen bourse.

The nonferrous metals company's shares fell 3% during the morning trade.

The plant will produce 140 million high-precision micro tools for AI PCBs.

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