Equivalent East Mountain: $500 million additional investment in light chip and light module expansion

ON 21 AUGUST, DONGSHAN ' S PRECISION (002384.SZ) ANNOUNCED THAT THE COMPANY INTENDED TO INCREASE ITS INVESTMENT FROM $1.2 BILLION TO $1.7 BILLION IN A PROJECT TO EXPAND THE LIGHT CHIP AND LIGHT MODULE IN CHANGZHOU, THAILAND AND SALT CITY, TO BE IMPLEMENTED BY ITS SUBSIDIARY THORTH LIGHT AND ITS SUBSIDIARIES, VISHIN THAILAND, SALT CITY EAST HILL, ETC. THE CURRENT ADJUSTMENT OF THE LEVEL OF FOREIGN INVESTMENT IS BASED ON THE REQUIREMENTS OF CORPORATE STRATEGIC PLANNING AND PROJECT IMPLEMENTATION, WITH A VIEW TO BETTER MEETING THE NEEDS OF DOWNSTREAM CLIENTS AND INDUSTRIES AND TO ADAPTING TO THE NEEDS OF THE AI COMPUTING INDUSTRY。