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Orient Cable's wholly-owned subsidiary Yangjiang Dongfang Cable Technology plans to invest approximately CNY 57.515 million to build the 'Orient Cable Ultra-High Voltage Submarine Cable Southern Industrial Base' in Yangjiang High-tech Zone, Guangdong. The project will have an annual production capacity of 300 km of ultra-high voltage AC/DC submarine cables.
“公司全资子公司阳江市东方海缆技术有限公司已在阳江高新区港口工业园疏港大道新征133亩土地上拟投资建设“东方电缆超高压海缆南方产业基地”项目,项目预计投资总额约57,515.00万元”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.