# Yongxin Optics to invest up to $100M in medical optics plant in Ningbo

Yongxin Optics (603297.SH) announced plans to invest up to 700 million yuan (approx. $100 million) to build a medical optical equipment and precision optical components production base in Ningbo High-tech Zone. Construction is expected to start in December 2022 and be completed by August 2025.

- Type: New facility
- Announced: 2022-08-26
- Where: Ningbo High-tech Zone, Zhejiang, China
- Value: $100.0M (700.0M CNY)
- Starts operating: Aug 2025
- Status: announced
- Products: medical optical equipment, precision optical components
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Yongxin Optics](https://endata.com/companies/64942.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/780157.html), 2022-08-26: "公司拟投资建设'医疗光学设备及精密光学元组件生产基地项目'，建设地点位于宁波高新区"

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