TAOYUAN, TAIWAN – Zhen Ding will invest 5 billion yuan ($701 million) to build a 14,000 sq. m. green energy headquarters here.

The new facility will be located near the Taoyuan Qingpu High-Speed ​​Railway Station, and will be the new home for the PCB maker. Zhen Ding has been the global leader for PCB production for the past six years, and Taoyuan's PCB production value accounts for 28.8% of the world's total production and 83.5% of Taiwan's.

Zhen Ding Chairman Shen Qingfang said the company has been expanding its production capacity in mainland China due to the unavailability of suitable land in Taiwan, but the new headquarters will allow the company to make an investment in his hometown of Taoyuan.

"The establishment of the Taiwanese headquarters will enable easier employee travel to and from major production bases, improve communication between the group's plants, increase investment in various plant areas in Taiwan, and encourage related supply chain manufacturers to cluster together for greater efficiency," he said.