Guangpu Co., Ltd. adjusts the content of overseas base expansion projects

On May 28, Guangpu Co., Ltd. issued an announcement and decided to add implementation methods and extend the implementation period for some investment projects with raised funds.

According to the announcement, on May 27, 2025, Guangpu held a board of directors meeting, reviewed and approved relevant proposals, and agreed to adjust the implementation method of the "Overseas Intelligent Manufacturing Industrial Base Expansion Project" and extend the date for the project to reach its scheduled usable state to December 31, 2027.

Guangpu Co., Ltd. stated that the reason for this change was mainly due to the changes in the international trade situation and market demand. The company decided to rent the factory for renovation first to quickly put part of the production capacity into production, meet the immediate needs of the market and customers, and reduce the pressure on early capital investment and investment risks.

After the international trade situation becomes clearer and trade policies become more stable, Guangpu Co., Ltd. will continue to promote overseas land acquisition and factory construction.

It is reported that in July 2024, Guangpu Co., Ltd. issued an announcement that the unused raised funds and accumulated income from the "High Optical Power Ultraviolet Solid-State Light Source Product Construction Project" and "LED Lighting Product Intelligent Production and Construction Project" will be used to implement the company's new fundraising projects "Photoelectric Sensor Device Integrated Packaging and Testing R&D and Industrialization Project" and "Overseas Intelligent Manufacturing Industry Base Expansion Project".

Among them, the total investment of the overseas intelligent manufacturing industrial base expansion project is 709.16 million US dollars (about 506 million yuan). The project intends to expand the overseas intelligent manufacturing industrial base in Malaysia, and build/expand the sensor module production line, intelligent lighting production line, intelligent hardware and integrated equipment production line.

According to the data, Guangpu is mainly engaged in the packaging and testing of optical integrated sensor components, sensor modules, intelligent carbon management systems, semiconductor lighting and intelligent lighting, new material products and medical beauty services, which are widely used in robotics, drones, intelligent driving, intelligent terminals, smart homes, smart lighting and new energy fields.

In the first quarter of 2025, Guangpu Shares achieved revenue of 208 million yuan, up 1.4% year-on-year; the net profit attributable to Guangpu Shares was 19.57 million yuan, down 16.1% year-on-year.