HAOYANG plans to invest no less than 603 million yuan to build a performing arts equipment industrial base to optimize its asset structure

According to the announcement from HAOYANG (300833.SZ), the company plans to construct the HAOYANG Performing Arts Equipment Industrial Base Project, with a total planned investment of no less than 603 million yuan (including land transfer fees). The project will be located on the east side of Qianfeng Road, Shiqi Town, Panyu District, Guangzhou, and the land transfer fee has been obtained through the necessary procedures, amounting to 145.8 million yuan. This land plot is classified as Class I industrial land, covering an area of approximately 60,000 square meters.

The announcement states that the company's investment in the "HAOYANG Performing Arts Equipment Industrial Base Project" (tentative name) will enrich and enhance the company's layout in the performing arts equipment industry chain, further improve the company's market competitiveness and customer service capabilities, and optimize the balance of the company's asset structure