According to the announcement of Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , the company decided to take Jiangmen Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , a wholly-owned subsidiary, as the main body of the project and invest 70 million yuan to build the phase II project of Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) laser (Jiangmen) Industrial Park, which is used for the R & D, production and sales of professional power battery equipment such as power battery cell assembly line and drying line. The construction period is expected to be 24 months.
(source: Shanghai Securities News · China Securities Network)