# GDM to invest RMB 500M in electronic-grade fiberglass cloth plant in Ningguo

GDM plans to invest approximately RMB 500 million to build a new facility in Ningguo City, Anhui Province, with an annual production capacity of 130 million meters of electronic-grade fiberglass cloth.

- Type: New facility
- Announced: 2026-11-09
- Where: Ningguo City, Anhui Province, China
- Value: $69.0M (500.0M CNY)
- Status: announced
- Capacity: 130 million meters of electronic-grade fiberglass cloth per year
- Products: electronic-grade fiberglass cloth
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [GDM](https://endata.com/companies/50113.md)

## Sources

- [longbridge.com](https://longbridge.com/en/news/304828045), 2026-11-09: "The company plans to invest in the construction of a new 'Annual Production of 130 Million Meters of Electronic-Grade Fiberglass Cloth Project' in Ningguo City, Anhui Province, with a total investment of approximately RMB 500 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.