Avary Holdings to invest 4.3 bn yuan in Thailand industrial park

Avary Holding (Shenzhen) Co., Ltd. announced a plan to invest 4.297 billion yuan in a new industrial park in Thailand during 2026. This investment, approved by the board on December 15, 2025, will fund the construction of production facilities and supporting infrastructure, alongside the development of high-end HDI (including SLP) and HLC product capacities. This expansion aims to provide comprehensive PCB solutions for the rapidly growing AI application market, including servers, AI edge products, and low-orbit satellites.

The project, named the "2026 Thailand Industrial Park Investment Plan," will be executed by Peng Shen Technology (Thailand) Co., Ltd. in the Saha Industrial Park, Prachinburi Province, Thailand. The entire construction period is slated for 2026. This strategic investment is intended to capitalize on AI trends, accelerate the company's "cloud-pipe-end" full industry chain layout, and enhance its global business presence and overall competitiveness.

The investment will be financed through the company's own funds or self-raised capital. While Avary Holdings has conducted thorough research, potential risks include management, operational, and market challenges due to differences in Thailand's legal, policy, and business environment.