Shengyi Technology Co., Ltd. (SYTECH) announced on January 22 that it plans to invest RMB945.05 million (USD145.82 million) to set up Changshu Shengyi Technology Co., Ltd., which will build a project with an annual production capacity of 11.40 million meters of high-performance copper clad laminate (CCL) and 36 million meters of bonding sheet.