Shenghong Technology: The total investment amount for 2026 will not exceed 20 billion RMB.

2026-04-07 06:04:06

Shenghong Technology Co., Ltd. announced that on March 12, 2026, the company convened the 13th meeting of the fifth session of its board of directors, which approved the “Proposal on the 2026 Investment Plan.” In 2026, the company and its subsidiaries plan an aggregate investment amount of no more than RMB 20 billion. Of this, the fixed-asset investment plan will not exceed RMB 18 billion, and the scope of investment includes matters such as construction of new plants and engineering projects, equipment purchases, and upgrading and retrofitting automated production lines. The equity investment plan will not exceed RMB 2 billion, and the investment entities involved include the company and its subsidiaries within the scope of consolidated financial statements.

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