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Huilv Ecology unit plans 309 mln yuan R&D base, boosting optical module capacity to 3.5 mln units
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Hui Lv Ecology (001267.SZ) announced that its controlled subsidiary, Wuhan Junheng Technology Co., Ltd., plans to invest 309 million yuan to build a research, development, and production base in the Wuhan East Lake High-tech Zone. The project aims to consolidate and enhance the company's market position and technical capabilities in the optical module field, while improving R&D and production conditions and operational efficiency. Upon completion, the existing production line with an annual capacity of 1.5 million units will undergo a full technical upgrade. Additionally, a new production line for high-rate optical modules with an annual capacity of 2 million units will be added, bringing the total annual capacity in the Wuhan area to 3.5 million units. The existing production plant will then be decommissioned. The investment will be funded by the company's own funds or self-raised capital.
Source report
Hong Kong, China — Hui Lv Ecology (001267.SZ) announced that its controlling subsidiary, Wuhan Junheng Technology Co., Ltd. ("Junheng Technology"), plans to invest in the construction of a "Junheng Technology R&D and Production Base Project" in the Wuhan East Lake High-tech Zone.
The project aims to consolidate and enhance the company's market position and technical capabilities in the optical module sector, while also improving R&D and production conditions and increasing operational efficiency. The new base will replace and upgrade the existing production capacity currently located at Building 3, No. 777 Guanggu Third Road, Wuhan East Lake New Technology Development Zone.
Upon completion, Junheng Technology's existing production line—with an annual capacity of 1.5 million units—will undergo a comprehensive technological upgrade. Additionally, the new base will add a production line with an annual capacity of 2 million high-rate optical modules. This will bring the total annual production capacity of high-rate optical modules in the Wuhan region to 3.5 million units. After the project is completed, the company's existing production facility will no longer be used.
The total estimated investment for the project is 309 million yuan, which will be funded through the company's own funds or self-raised capital.
Source
智通财经Eastern