Wall Nuclear Materials (002130.SZ) plans to invest no more than 1.5 billion yuan to expand the Shuikou Industrial Park project to meet business growth needs

Zhitong Finance App News, Wall Nuclear Materials (002130.SZ) announced that the company plans to use a total of no more than 1.5 billion yuan of self-raised capital to invest in the expansion of the Shuikou Industrial Park project in Shuikou Street, Huicheng District, Huizhou City, Guangdong Province. The project includes but is not limited to building new plants and supporting facilities, purchasing fixed assets, and paving the way for working capital.

According to the announcement, the company plans to build an R&D, production and sales base in the Xinmin Luotang area of Shuikou Street, Huicheng District, Huizhou City, Guangdong Province, focusing on high-performance communication cable series products such as Leting Zhilian high-speed communication lines, intelligent automotive industrial cables, automated high-flexibility cables, industrial robot cables, etc., as well as polymer foam material series products. The estimated construction period of the project is 2 years.

According to the announcement, the main purpose of this investment in the industrial park expansion project is to meet the company's growing business needs, carry out overall capacity planning and coordination in advance, reduce operating risks caused by insufficient production capacity, and effectively enhance the company's overall production capacity reserve and delivery capacity.