---
title: "Dongfang Electronics' subsidiary Weiston plans to build a central district industrial park to meet space requirements"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229415987.md"
description: "Dongfang Electronics' wholly-owned subsidiary Weiston plans to invest 850 million yuan to build an industrial park in the central area, acquiring 165 acres of land. The project is expected to start construction in March 2025, with partial operation in July 2026 and completion in 2027. The park will enhance Weiston's production and R&D capabilities, improve the R&D environment, and support the company's high-quality development"
datetime: "2025-02-24T12:24:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229415987.md)
  - [en](https://longbridge.com/en/news/229415987.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229415987.md)
---

# Dongfang Electronics' subsidiary Weiston plans to build a central district industrial park to meet space requirements

According to the announcement from Dongfang Electronics (000682.SZ), the company has agreed that its wholly-owned subsidiary, Yantai Dongfang Wisdom Electric Co., Ltd. (referred to as "Wisdom"), will invest to establish a wholly-owned subsidiary. The newly established subsidiary will serve as the investment entity to acquire 165 acres of land and construct a central industrial park, with a total project investment of 850 million yuan. The project is located opposite the Wisdom Industrial Park on Jindu Road in Laishan District, Yantai City, focusing on the company's industrial layout, supply chain expansion, and industrial incubation, including the construction of a research institute, technology center, product testing and exhibition center, employee cafeteria, and reception center. The planned construction period for the project is approximately two years, with a planned start date in March 2025, aiming for partial usability by July 2026 and completion of the park construction by 2027.

The announcement states that upon completion, the project will effectively address the production and R&D space needs for Wisdom's development, further enhance production capacity, and improve Wisdom's core competitiveness, laying a foundation for the company's high-quality development. Additionally, the construction of the new industrial park will further improve and enhance the company's R&D conditions and environment, creating competitiveness for attracting high-end talent and providing talent support for the company's future high-quality development

### Related Stocks

- [000682.CN](https://longbridge.com/en/quote/000682.CN.md)

## Related News & Research

- [Barnes & Noble CEO is fine with stocking AI-written books — if they're labeled. The internet had thoughts.](https://longbridge.com/en/news/287084103.md)
- [Dahlonega Now a ‘Gig-Ready’ Community from Kinetic’s Fiber-Optic Network Expansion](https://longbridge.com/en/news/287079090.md)
- [13:41 ETUT Haslam Marks Decade in Major International Ranking's Top Five U.S. Public Schools](https://longbridge.com/en/news/286804132.md)
- [US Senator Durbin urges RFK. Jr to resist easing vape rules](https://longbridge.com/en/news/287079463.md)
- [Allen & Heath Rolls Out New SQ+ Lineup of Digital Mixers Announced; First Look YouTube Video on SQ5+,   SQ6+, and   SQ7+ Digital Mixers at B&H](https://longbridge.com/en/news/287101198.md)