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Yizumi to invest RMB 374 million in new manufacturing facility

November 2, 2025 at 07:52 AM UTCBy FilingReader AI

Guangdong Yizumi Precision Machinery Co., Ltd. (Yizumi) announced on November 3, 2025, the formal signing of an investment and development agreement for a new industrial plot. This follows approval by its board on October 27, 2025. The agreement, signed by Yizumi's wholly-owned subsidiary, Guangdong Yizumi Precision Die Casting Technology Co., Ltd., with the Shunde District Daliang Sub-district Land Development Center in Foshan, secures a 35,325.34 square meter plot for industrial use.

The total investment for the project is not less than RMB 37,408万元, with a minimum fixed asset investment of RMB 18,704万元. The land, located in the Wusha Industrial Zone, Daliang Sub-district, Foshan City, has a 50-year lease and is designated for manufacturing within the chemical, wood, non-metallic, and metal processing machinery sectors. The company aims to enhance its production capacity and order response speed.

Yizumi will self-finance the project and must meet specific investment intensity requirements. While the company anticipates no significant adverse impact on its financials, it advises investors of the substantial capital requirements and associated risks in meeting the project's milestones within 30 months of land handover.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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