STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

CCSC Technology International Holdings to Advance Construction of New Supply Chain Management Center in Central Europe

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

CCSC Technology (Nasdaq: CCTG) announced that its Serbian subsidiary signed a design and build MOU with Konstruktor Group to advance construction of a new European supply chain management center in Merosina, Serbia. The partnership contemplates a turnkey design and construction engagement to support CCSC’s logistics and manufacturing infrastructure in Central Europe. The company said the collaboration will enable moving forward with design and construction phases, with construction estimated to begin in November 2025. Management expects the center to enhance operational efficiency and serve as a logistics and manufacturing hub for the company’s European presence.

Loading...
Loading translation...

Positive

  • Construction estimated to begin in November 2025
  • Konstruktor Group to provide turnkey design and construction
  • Project aims to strengthen logistics and manufacturing infrastructure in Central Europe

Negative

  • Current arrangement is an MOU; no binding construction contract disclosed
  • No financial terms or project cost estimates disclosed

Insights

CCSC signed an MOU to engage a Serbian contractor to design and build a European supply chain center; construction is slated to begin in November 2025.

The agreement with Konstruktor Group is a design-and-build memorandum of understanding that signals intent to move from planning to execution for a supply chain management center in Merosina, Serbia. The firm expects the contractor to deliver the facility on a turnkey basis and believes the center will strengthen logistics and manufacturing infrastructure in Central Europe.

Key dependencies include conversion of the MOU into a binding construction contract and the actual commencement of works in November 2025. Monitor the formal contract signing, construction start, and any disclosed budget or timeline milestones; those items will determine commercial impact and execution risk over the coming months.

HONG KONG, Oct. 09, 2025 (GLOBE NEWSWIRE) -- CCSC Technology International Holdings Limited (the “Company” or “CCSC”) (Nasdaq: CCTG), a Hong Kong-based company that engages in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses, today announced that its Serbian subsidiary, CCSC Technology Doo Beograd (“CCSC Technology Serbia”), has entered into a design and build memorandum of understanding (the “MOU”) with KONSTRUKTOR KONSALTING DOO BEOGRAD (“Konstruktor Group”), a construction company based in Serbia. This partnership is expected to advance CCSC’s construction of a new European supply chain management center in the Municipality of Merosina, Republic of Serbia, in order to strengthen the Company’s logistics and manufacturing infrastructure in Central Europe.

Pursuant to the MOU, CCSC Technology Serbia intends to engage Konstruktor Group to design and carry out work related to the construction of the Company’s supply chain management center. Konstruktor Group is willing to design and construct the facility on a turnkey basis.

The collaboration is expected to further implement the Company’s previously announced plan to establish its European supply chain management center in Merosina, Serbia. Partnering with Konstruktor Group is anticipated to translate this plan into action, as it will enable the Company to move forward with the design and construction phases of the facility. The construction is estimated to begin in November 2025.

Mr. Kung Lok Chiu, Chief Executive Officer and Director of the Company, commented, “Our partnership with Konstruktor Group marks an important step in realizing our vision of building a state-of-the-art supply chain management center in Serbia. We believe that this collaboration may help us accelerate the construction timeline, while integrating quality and efficiency. Once completed, the center is expected to enhance the Company’s operational efficiency and serve as a significant logistics and manufacturing hub supporting its growing presence in the European market. This project underscores our long-term commitment to enhancing our global operations and to positioning CCSC as a strong and agile partner in the interconnect products industry.”

About CCSC Technology International Holdings Limited

CCSC Technology International Holdings Limited, is a Hong Kong-based company that engages in the sale, design and manufacturing of interconnect products. The Company specializes in customized interconnect products, including connectors, cables and wire harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. The Company produces interconnect products under both OEM (“Original Equipment Manufacturer”) and ODM (“Original Design Manufacturer”) models for manufacturing companies that produce end products, as well as electronic manufacturing services companies that procure and assemble products on behalf of such manufacturing companies. The Company has a diversified global customer base located in more than 25 countries throughout Asia, Europe and the Americas. For more information, please visit the Company’s website: http://ir.ccsc-interconnect.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue,” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statements and other filings with the United States Securities and Exchange Commission.

For more information, please contact:

CCSC Technology International Holdings Limited
Investor Relations Department
Email: ir@ccsc-interconnect.com 

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com 


FAQ

What did CCSC (CCTG) announce on October 9, 2025 about a European facility?

CCSC announced a design and build MOU with Konstruktor Group to advance a supply chain management center in Merosina, Serbia.

When is construction of CCSC's European supply chain center (CCTG) expected to start?

Construction is estimated to begin in November 2025.

Who will design and construct CCSC's new supply chain center in Serbia (CCTG)?

Konstruktor Group is expected to design and construct the facility on a turnkey basis under the MOU.

Will the CCSC (CCTG) announcement include project costs or financial terms?

No; the announcement did not disclose any financial terms or cost estimates.

How will the new Merosina center affect CCSC's operations (CCTG)?

The company expects the center to enhance operational efficiency and serve as a logistics and manufacturing hub for its European presence.
CCSC Technology International Holdings Limited

NASDAQ:CCTG

CCTG Rankings

CCTG Latest News

CCTG Latest SEC Filings

CCTG Stock Data

5.52M
14.30M
61.47%
0.78%
0.1%
Electrical Equipment & Parts
Industrials
Link
Hong Kong
Sha Tin