AAC Technologies broke ground on a USD 600 million optical camera module production facility in Changzhou National Hi-Tech District. Upon completion, the facility is expected to generate sales of more than JPY 10 billion per year. The new facility will mainly produce optical modules, optical lens, molds, voice coil motors, sensors and related chips, and, upon completion, form a complete optical module industry chain within Changzhou National Hi-Tech District. On the same day, construction of the facilities for 31 key projects in Changzhou National Hi-Tech District, including the AAC Technologies facility, started, backed by an aggregate investment of JPY 16.59 billion, of which JPY 6.06 billion is scheduled to be capitalized in 2020. Among the projects, 12 have been designated by the government as strategic emerging industry projects, 14 as advanced manufacturing projects and 5 as modern service projects.