Founder Technology: Subsidiary plans to invest 1.364 billion yuan to build Chongqing production base artificial intelligence expansion project
2025-11-07 10:26:41
On November 7th, Founder Technology announced that Chongqing Founder Gaomi Electronics Co., Ltd., a wholly-owned subsidiary of the company, plans to invest in the construction of Chongqing production base artificial intelligence expansion project; this expansion project is expected to have a total investment of RMB 1.364 billion (tax included); this expansion project may face macroeconomic environment, industry changes and intensified market competition, resulting in insufficient capacity utilization and the risk of not achieving expected benefits.
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