At 9:00 on July 19, 2023, the Thailand-China Rayong Industrial Park ushered in a grand event that WTT Electronics Co., LTD (hereinafter referred to as "WTT") held a groundbreaking ceremony at the site of the park.

Shenzhen JOVE Enterprise Ltd. (hereinafter referred to as "JOVEPCB"), the parent company of WTT, is a domestic manufacturer specializing in the R&D, production and sales of printed circuit boards (PCB). It is a well-known China listed company that is customer-centric and technology-oriented. The total investment of the project is expected to be 500 million RMB, and a printed circuit board production base with an annual output of 1 million square meters will be built in Rayong Industrial Zone, Thailand.

Mr. Wang Changmin, chairman of JOVEPCB, first expressed his warm welcome and heartfelt thanks to all the guests who came to the scene, especially those who came to Thailand to participate in the event despite the wind and rain. He said: WTT is the first overseas factory of JOVEPCB. The project will invest 500 million RMB, and the annual production capacity is expected to reach 1 million square meters. WTT will focus on advanced manufacturing, promote advanced technology, and benchmark global customers and markets. The company's products will be mainly used in communications, automotive, industrial control, medical and consumer electronics and other fields. WTT will be based in Thailand, integrate into Thai society, establish a technical and management team led by local Thai teams, promote the development of Thailand's industrial chain, and benefit Thai society.

Finally, Chairman Wang Changmin expressed his gratitude to the Thailand-China Rayong Industrial Park for its strong support and the hard work and active cooperation of relevant units, and expressed his appreciation to the local Thailand team with strong technical capabilities and rich project experience. He believes that the project will be completed on schedule with high quality in the future!