Asia
Dongfang Electronics to Invest 2.47 Billion Yuan for Smart Energy Industrial Park Construction
Dongfang Electronics (SHE:000682) plans to invest 2.47 billion yuan for the construction of a smart energy industrial park, according to a Saturday filing on the Shenzhen bourse.The Chinese firm's shares rose 1% during Monday's afternoon trade.The project, located in Zhifu District, Yantai City, China, is designed to have a total gross floor area of approximately 425,000 square meters.The construction will be conducted in three phases, with infrastructure for the first phase expected to be completed before 2027.
SHE:000682
