Kingboard Group's overseas journey brings good news again, and Vietnam's Glory Faith PCB project is progressing intensively!

On August 2nd, Cheung Kwok Wing, Chairman of Kingboard Group, signed an investment memorandum with the Vietnamese government in the presence of Hong Kong Chief Executive Lee Ka Chiu John and relevant leaders.

On August 3rd, the groundbreaking ceremony of Glory Faith Electronics (Vietnam) Co., Ltd. was held grandly in CN01 Gia Binh II Industrial Park, Gia Binh district, Bac Ninh Province, Vietnam.

In the morning, the groundbreaking ceremony kicked off in a solemn and enthusiastic atmosphere. Mr. Cheung Kwok Wing, Chairman of the Board of Directors of Kingboard Group, delivered a welcome speech, expressing warm welcome and heartfelt gratitude to all the guests present, and detailed the background, planning, construction significance, and future vision of Kingboard's investment in Vietnam project. Chairman Cheung Kwok Wing introduced that the Glory Faith project in Vietnam, as a key project in Jiaping County, Beining City, will greatly promote the rapid development of Vietnam's PCB industry after completion. In the future, based on market development, Kingboard will continue to invest in Vietnam and drive upstream and downstream investment to settle in, helping to localize Vietnam's electronic material supply chain. Chairman Cheung Kwok Wing stated that Kingboard Group is willing to work with all parties to create a beautiful electronic materials industry business card for Beining Jiaping and even Vietnam.

Subsequently, the leaders of the Vietnamese government delivered a speech, highly affirming the important significance of Kingboard Group's investment in Vietnam for the country's economic and social development. They expressed that the government will fully support the project construction and hope that the project team can plan with high standards, construct with high quality, and promote with high efficiency to ensure that the project is completed and put into operation as soon as possible, and contribute more to the development of Jiaping County in Beining. At the same time, we also have high hopes for the future development of the project, hoping that the Kingboard PCB project can become an industry benchmark and lead the innovative development of the PCB industry.

A grand foundation laying and launching ceremony was held at the ceremony site. Amidst the cheerful music, leaders and guests lit up the electronic screen of the Kingboard PCB project together. Carrying the beautiful aspirations and expectations for the future, the project has officially entered the substantive construction stage.