---
title: "GDM Plans to Invest RMB 500 Million in Project with Annual Production Capacity of 130 Million Meters of Electronic-Grade Fiberglass Cloth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304828045.md"
description: "GDM announced its plan to invest RMB 500 million in Ningguo, Anhui Province, to build a new project with an annual production capacity of 130 million meters of electronic-grade fiberglass cloth. This move aims to ensure the security of core raw material supplies, build a stable supply chain to address market shortages, thereby improving the company's operational quality and efficiency and strengthening its core competitiveness"
datetime: "2026-11-09T09:15:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304828045.md)
  - [en](https://longbridge.com/en/news/304828045.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304828045.md)
generator: "portal-rs"
---

# GDM Plans to Invest RMB 500 Million in Project with Annual Production Capacity of 130 Million Meters of Electronic-Grade Fiberglass Cloth

Zhitong Finance APP News: GDM (002636.SZ) issued an announcement stating that the company plans to invest in the construction of a new "Annual Production of 130 Million Meters of Electronic-Grade Fiberglass Cloth Project" in Ningguo City, Anhui Province, with a total investment of approximately RMB 500 million. Upon completion, the project will effectively safeguard the supply security of the company's core raw materials, establish a secure and stable supply chain system to cope with the current shortage of electronic-grade fiberglass cloth in the market, promote the steady improvement of the company's operational quality and efficiency, and further consolidate the company's core competitiveness.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**