macro

Epoxy Base unit to invest at least 800 million yuan in copper-clad laminate project

Epoxy Base Electronic Material's board approved a plan for its subsidiary to invest at least 800 million yuan in a laminate and prepreg project.

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what happened

Epoxy Base Electronic Material Corp Ltd said its board approved a plan for a subsidiary to invest at least about 800 million yuan ($119.78 million) in a copper-clad laminate and prepreg project. The conversion rate used was $1 to 6.6787 Chinese yuan.

The information was reported by Reuters, citing the company's statement.

why it matters

Copper-clad laminates and prepregs are used in printed circuit board production, so the project ties into China's electronics industry. The amount is modest and unlikely to move broader markets.

tags

instruments

Epoxy Base Electronic MaterialUSD/CNY

sources

  1. Epoxy Base Electronic Material's Subsidiary To Invest In Copper-Clad Laminate And Prepreg Project — Reuters, 20 October 2026 at 09:29 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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