# Weifang Zhixin Electronics to invest 125 million yuan in connector cable assembly project

Weifang Zhixin Electronics' connector cable assembly R&D and industrialization project will invest 125 million yuan, with main construction by 2023 and full production by 2025. Some equipment has already been purchased.

- Type: Expansion
- Announced: 2021-08-25
- Where: Weifang, Shandong, China
- Value: $19.0M (125.0M CNY)
- Starts operating: 2025
- Status: announced
- Products: connector cable assemblies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Weifang Zhixin Electronics](https://endata.com/companies/57301.md)

## Sources

- [gxt.shandong.gov.cn](http://gxt.shandong.gov.cn/art/2021/8/25/art_15166_10293760.html), 2021-08-25: "潍坊智新电子连接器线缆组件研发及产业化项目，预计2023年完成主体建设，2025年实现满产生产，目前已采购部分设备，项目总投资1.25亿元。"

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