Asia
Nanya New Material to Build Copper R&D Center for 790 Million Yuan
Nanya New Material Technology (SHA:688519) plans to construct a high-end copper clad laminate research and development center for 790 million yuan, according to a Shanghai bourse filing on Tuesday.The plant will produce 14 million square meters of the material every year.The company's subsidiary, Nanya New Material Technology (Jiangxi), will manage the construction of the plant, which will take two years.The electronics component manufacturer's shares rose 2% during the afternoon trade.
SHA:688519
