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Zhen Ding-KY Announces RMB 336 Million Factory Engineering Contract by Subsidiary

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On May 18, Zhen Ding-KY announced that its subsidiary, Qing Ding Precision Electronics (Huai'an) Co., Ltd., has signed an electrical and mechanical engineering contract with Sun-High Integrated System Group Co., Ltd. The contract is for the interior and power system work for the HB0708 and HB09 factory buildings to meet production and operational needs. The total contract amount is RMB 336,000,000 (excluding tax), with the work scheduled from July to October 2026.

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Frequently Asked Questions

Q: What is Zhen Ding-KY doing in Huai'an City?
A: Through its subsidiary, it is making a large-scale factory facility investment of 336 million RMB to expand its production capacity.
Q: When will the new factory project in Huai'an be completed?
A: The construction period is scheduled from July to October 2026, after which it is expected to prepare for operation.
Q: How will this investment affect the economy of Huai'an?
A: A large investment by a major electronics component manufacturer can potentially contribute to local job creation and stimulate related industries.