Beite Technology plans $42M Thailand screw production base

Beite Technology announced a private placement to raise up to CNY 300 million (approx. $42 million) to fund its Thailand screw production base project. The total investment is CNY 349 million, with annual capacity of 800,000 planetary roller screws.

“The implementation of the Thailand screw production base project will help the company seize industry development opportunities and build a second growth curve.”m.cls.cn

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• m.cls.cn北特科技拟定增募资不超3亿元 推进泰国丝杠生产基地建设|速读公告财联社记者 汪斌Jun 26, 2025

Summarized from public sources; check the original articles before acting on it.