Avic Optoelectronics announced that in order to further improve the industrial layout, meet the strategic development plan and enhance the core competitiveness, it intends to invest 2.72 billion yuan in the purchase of land in Luoyang City to build high-end interconnect technology industrial community project, of which the fixed asset investment is about 2.536 billion yuan, and the working capital is 184 million yuan.
The project intends to purchase about 155 acres of land, and plans to build high-end connector intelligent production plants, high-precision molding processing centers, innovation incubation centers and supporting facilities of about 240,000 square meters. Purchase all kinds of equipment to establish micro and low dwarf integrated transmission connectors and components, optical transmission devices and components, microwave photonic devices and components, liquid cooling components and equipment and other automated and intelligent production lines. The construction period of the project is 3 years, of which the construction is scheduled to start in October 2023 and be completed in December 2025, with the conditions for operation. The project aims to focus on the development and production capacity of micro and low dwarf integrated transmission connectors and components, optical transmission devices and components, microwave photonic devices and components, liquid cooling components and equipment.