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Dynamic invests THB 510 million in land acquisition for expanding Thailand plant

On June 26, Dynamic,a wholly-owned subsidiary of Dynamic Holding(3715.TW), resolved to invest in Dynamic Technology Manufacturing (Thailand) Co., Ltd.(referred to as Dynamic Thailand)for the purchase of land required for expansion. The land is located in the 304 Industrial IP 7 Project section of Pathum Thani Province, Thailand, with an maximum of 170 Rai (approximately 272,000 square meters), at a price not exceeding THB 510 million.

Additionally,Dynamic will also allocate approximately USD 3.1 million as additional investment in Dynamic Thailand to support its operational development needs.

About Dynamic Holding

Dynamic Holding Co., Ltd. was established on August 25, 2022 and is located in Luzhu District, Taoyuan City. "Dynamic Holding" which was originally Dynamic Electronics Co., Ltd., a professional printed circuit board (PCB) manufacturing service provider. In order to achieve the goal of long-term expansion, improve the overall operating performance, and create the long-term value of the company, Dynamic transformed into diversified development, and transferred all the common shares issued by Dynamic Electronics to the newly established company "Dynamic Holding" in the form of share swap on the share swap base date. After the completion of the share swap, Dynamic Electronics became a 100% subsidiary of "Dynamic Holding".

About Dynamic

Dynamic was established in 2015, formerly know as Dynamic Electronics (HuangShi) Co., which is a professional PCB manufacturer.Dynamic has now developed into a corporation with an annual turnover over USD  507million .

Dynamic's two production bases are located in Kunshan, Jiangsu Province and Huangshi, Hubei Province. The total number of employees is about 4,000 people. In PCB industry, Dynamic ranked the 40nd in the world, and Top 10 Automotive PCB makers in 2021.

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