Changhong Meiling (000521.SZ) plans to invest 79.8 million yuan to build a clothes dryer and dishwasher project

According to the Zhitong Finance App, Changhong Meiling (000521.SZ) issued an announcement. According to the company's strategic development plan and business development needs, in order to improve the white electronics category matrix and achieve high-quality development, the company and its subsidiary Hefei Changhong Industrial Co., Ltd. (hereinafter referred to as “Hefei Industrial”) plan to invest in the construction of a dryer and dishwasher project, with a total investment of 79.8 million yuan. After the implementation of the project, it will increase the production capacity of clothes dryers, improve the white battery category matrix, give full play to the synergy between industry and channels, and promote the high-quality development of the company.

This investment in the construction of a dryer and dishwasher project is a prudent decision made by the company based on the strategic development plan and the development needs of the dryer and dishwasher industry. The implementation of the project will help the company improve the white electricity category matrix, enrich the product categories, directly enhance the manufacturing capacity of dryers and dishwashers, and expand the scale of the industry. At the same time, promote business collaboration and integrated development of product lines such as cold washing and cooking to achieve high-quality development of the company.