Dynamic Electronics (SHA:603175) plans to invest 2.09 billion yuan in a high-layer and high-density interconnect printed circuit board project at its production base in Hubei, China.
The project aims to expand high-end printed circuit board capacity for storage, automotive electronics and artificial intelligence server applications, according to a weekend filing with the Shanghai bourse.
Construction will take 24 months.
Shares of the printed circuit board manufacturer declined 2% in recent trade.