Shengyi Technology announced on July 28 that the company plans to invest in a new copper clad laminate and adhesive sheet production base in Thailand. The project plans to invest 1.4 billion yuan (approximately 200 million U.S. dollars), including but not limited to establishing a company in Thailand, purchasing land, purchasing and building fixed assets, and other related matters. The actual investment amount is subject to the approval amount of the Chinese and local authorities. The company plans to purchase about 230 mu of land in the industrial park located in Chachoengsao, Thailand, to meet the company's production base registration in Thailand and future project construction needs.