Luxshare Precision to invest up to CNY 1.7B in Vietnam

Luxshare Precision announced it will invest up to CNY 1.726 billion in Vietnam, including CNY 483 million to build a new subsidiary (Yian Luxshare) and CNY 1.243 billion to expand capacity at its existing Vietnam subsidiary for smart wearable devices.

“本次投资旨在充分利用越南人力成本、税收优惠政策及其区位上的相关优势，降低公司生产成本，提升公司竞争力。”cs.com.cn

• 1 source
• cs.com.cn立讯精密：拟发行不超过30亿元可转债 斥资17亿元对外投资_中证网Jul 11, 2019

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