Cubic plans to invest 600 million yuan to build a high-end sensor industrial base project
Cubic plans to invest 600 million yuan in the Wuhan East Lake New Technology Development Zone to build a high-end sensor industry base. The project includes 400 million yuan in fixed asset investment and 200 million yuan in research and development investment, aiming to integrate R&D and industrialization resources, enhance R&D capabilities and production scale, strengthen brand image, and support the achievement of the company's strategic goals
According to the announcement from Cubic (688665.SH), in line with the company's development strategy, it plans to invest in the construction of a high-end sensor industrial base in the Optics Valley Optoelectronic Information Industry Park of Wuhan East Lake New Technology Development Zone to further improve the company's industrial layout. The company has signed an "Investment Cooperation Agreement" with the construction service center of the Wuhan Optics Valley Optoelectronic Information Industry Park. The total investment for the project is 600 million yuan, with 400 million yuan allocated for fixed assets and 200 million yuan for research and development (the final investment amount will be based on the actual investment in project construction).
Through this investment, the company will fully utilize the advantageous resources of the Wuhan East Lake New Technology Development Zone to build a new headquarters park, which will include a research and development center, marketing center, and management center. At the same time, it plans to establish a manufacturing base focused on actuators and controllers. By integrating the company's research and development and industrialization resources, it will significantly enhance the company's research and development capabilities and production scale, further strengthen the corporate brand image, and effectively support the achievement of the company's strategic goals
