On June 9, 2026, SCHMID Group N.V. signed a preliminary letter of intent and investment framework agreement to establish a new manufacturing campus in the Banfu Industrial Zone, Zhongshan, China. The approximately €11 million project aims to consolidate two existing leased facilities into a single company-owned site, nearly doubling current manufacturing capacity. The investment supports an "In China for China" strategy to meet demand for advanced wet-process equipment used in AI server boards, IC substrates, and high-end HDI boards. Financing will primarily consist of local Chinese bank loans on partially subsidized terms. Operations are expected to commence around mid-2027. The company operates in the advanced electronic manufacturing equipment industry.
