Shenzhen MTC's subsidiary to invest in LED packaging production line expansion project
2020-07-01 14:58:55 [Print]
On July 1, Shenzhen MTC announced that its holding subsidiary, MTC Guangyuan, planned to sign an investment agreement with the People's Government of Qingshanhu District of Nanchang City to invest in LED packaging production line expansion project
. With a total investment of RMB2 billion (USD283 million), the project is expected to add 2,000 LED packaging production lines and corresponding processing equipment . At the same time, MTC Guangyuan will also renovate the existing three factories of about 57,000 square meters and build a staff dormitory.