Securities Code: 002938
Securities Abbreviation: PENG DING HOLDINGS
Announcement Number: 2026-066
PENG DING HOLDINGS (SHENZHEN) CO., LTD.
Announcement on the Project to Invest in and Construct the Shenzhen Third Industrial Park
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Risk Warning:
On July 23, 2026, the Company convened the Fourth Meeting of the Fourth Board of Directors, which reviewed and approved the proposal to invest in and construct the Shenzhen Third Industrial Park. The Company plans to invest RMB 10 billion to build the Shenzhen Third Industrial Park and establish a smart manufacturing base for high-end AI server circuit boards and flexible circuit boards. The project is scheduled to commence in July 2026 and be completed and put into operation by 2033. Investors are requested to pay attention to the following risks:
(1) Project Construction and Schedule Risk
The project involves key stages such as planning approval, environmental impact assessment, and construction permits. During the implementation process, it may be affected by uncertain factors such as macroeconomic fluctuations, adjustments in industrial policies, changes in market environment, and the complexity of construction management, posing a risk that the project may not be completed and put into operation on schedule.
(2) Market and Capacity Matching Risk
The project investment may face external risks such as macroeconomic cyclical fluctuations, technological iteration, intensified industry competition, and changes in downstream market demand. If the release of new production capacity is not effectively synchronized with the pace of customer demand growth, it may lead to the risk of insufficient capacity utilization.