Intelligent power: Proposed investment of 300 million yuan to build optical communication, computing power thermal control and ITO electronic special materials industrialization projects, etc.

On August 4, Intelligent Power (300686 .SZ) announced that the company signed an Investment Agreement with the Honghe Comprehensive Bonded Zone Management Committee of Mengzi Economic and Technological Development Zone, and plans to invest in the construction of the industrialization project of optical communication, hashrate thermal control and ITO electronic special materials, indium tin gallium bismuth series products and comprehensive recycling industrialization project. The total investment of the project is planned to be about 300 million yuan, which will be implemented in two phases.

The first phase of the project has an investment of 60 million yuan, and the second phase has an investment of 240 million yuan. The newly established secondary holding subsidiary, Yunnan Zhisheng Guangdian Technology Co., Ltd., is responsible for the implementation of the project.