On July 19th, 2023, JOVE(SZ.300814) held a groundbreaking ceremony for its Rayong Facility, which will be implemented by WTT Electronics Co., Ltd., a wholly-owned subsidiary of JOVE, with a total investment of 500.4761 million yuan, of which 400 million yuan comes from the raised funds.

JOVE plans to build a printed circuit board production base with an annual output of 1000000㎡ in the Thai-Chinese Rayong Industrial Zone, located in the core area of the Eastern Economic Corridor in Thailand, with an expected construction period of 18 months.

With the rapid advancement of emerging electronic information technologies such as cloud computing, 5G networks, big data, and artificial intelligence, downstream application industries are thriving, driving the sustained growth of demand for printed circuit boards. If the aforementioned project can be successfully brought into production, it will not only help to enhance JOVE's production capacity to meet the development requirements of overseas markets, but also expand the range of products and elevate the industry's status.

About Jove

Established in 2004，as one of the top 50 PCB manufacturers in the world,Jove's products are mainly used in the fields of communication,new energy,automotive,consumer,medical and industrial control electronics. JOVE serves top-ten global communication equipment manufacturers,and its products are widely used for 4G&5G communication based stations with the most advanced technologies and products.

As one of the major suppliers of global green energy core electronic components, Jove has promoted the development and construction of the wind energy and photovoltaic industries with today's environmental challenges and need of carbon neutrality；In the aspect of automotive electronics, Jove is the main supplier of ElC systems for many new energy vehicle platforms in China.   With exponential growth of new energy vehicle markets, Jove's business in this field will also increase substantially；In terms of consumer electronics, Jove facilitates the miniaturization of fast-charge technology.  As leading enterprise of planar transformers, the company has formed large-scale production capacity and leading technical advantages.  With the popularization and rapid growth of fast-charge technology,Jove will be involved in more development opportunities based on long-term technology accumulations；Jove has researched and developed medical circuit board for blood-gas detection with proprietary intellectual property rights；With regards to high-end precision equipment such as semiconductor,intelligent manufacturing and industrial control, Jove is also in the position to provide technological manufacturing advantages.

As a national-level high-tech enterprise, Jove has set up production bases in Shajing and Songgang in Shenzhen,as well as Heshan in Jiangmen.