Ventec Secures Factory Space in Kunshan for Production Expansion
1 report, 1 independent
Updated Sep 22
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What happened
Ventec Electronics (Suzhou), a subsidiary of Ventec International Group, has secured an additional 20,000 square meters of factory space in Kunshan, Jiangsu Province. The property is leased from Kunshan Tengyang Metal Products, a related party that shares the same chairman as Ventec. The monthly rent is set at RMB 470,000, with the lease term running from October 2026 through October 2031.
From evertiq.com
Why it matters
The expansion is intended to capture growth opportunities in the AI and high-speed computing segments by adding production space. The facility is strategically located adjacent to Ventec's existing operations, allowing renovation work to commence immediately.
From evertiq.com