Jenfa Industrial's Vietnam Subsidiary Adds NT$295 Million to Factory Construction Budget

Jenfa Industrial announced an additional investment of NT$19.857 million for its Vietnamese subsidiary, Jen Yang Electronics, bringing the total factory construction cost to NT$295.142 million. Jenfa Industrial is a manufacturer of precision stamping parts for computers, telecommunications, networking, and electronics industries, providing comprehensive turnkey services.
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(Central News Agency, Taipei, 30th) Jenfa Industrial Co. announced on behalf of its Vietnamese subsidiary, Jen Yang Electronics, that the factory construction project, originally contracted on January 23 this year for NT$275.285 million, will have an additional NT$19.857 million approved by the board of directors, with an estimated total investment of NT$295.142 million for factory construction.

Jenfa Industrial is a manufacturer and processor of precision stamping parts required for computers, telecommunications, networking, and electronics industries. It provides a complete Full Turnkey Service, including OEM, ODM, product design, and professional services for joint development with customers, all the way to stamping metal parts of various shapes and sizes, secondary processing, assembly, testing, and packaging.

According to information disclosed by Jenfa, as of the end of last year, Jenfa's investment balance in its Vietnamese subsidiary, Jen Yang Electronics, was NT$619 million. 1150430

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