Pengding Holdings: Thailand and Huai'an new plant construction proceeding steadily according to plan

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Everyday Economic News AI Express, an investor asked on the investor interaction platform: The company’s capacity in Thailand and Huai’an is still under construction and reaching full production. Why is an additional 11 billion yuan being invested in new capacity in Huai’an? How much capacity is still available in Thailand and Huai’an? Is the new investment in Huai’an related to NVIDIA’s future new order demands? Additionally, is the 11 billion yuan investment funded through a private placement or financing, and will it affect the dividend plan for 2025?

Pengding Holdings (002938.SZ) stated on March 23 on the investor interaction platform: This investment is based on the company’s overall strategic plan, seizing AI industry development opportunities, aligning with industry demand trends, and proactively deploying high-end capacity to ensure long-term competitiveness. Currently, the construction of new factories in Thailand and Huai’an is progressing steadily as planned. The company will coordinate capacity deployment according to customer needs and production plans. The project funding comes from self-owned and self-raised funds. The company highly values shareholder returns, maintaining stable dividends since listing. This investment will not affect the dividend plan for 2025. The company adheres to commercial confidentiality and does not comment on individual customers.

(Reporter Wang Xiaobo)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Verify before use. Operate at your own risk.

Daily Economic News

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