Leon Wei announced that the company and the Nanhu District People's Government of Jiaxing City signed a “Project Investment Cooperation Framework Agreement” to invest in the construction of 200,000 12-inch light-coated substrates and 120,000 12-inch silicon epitaxial wafers per month. The total investment of the project is about 3 billion yuan, the fixed asset investment is about 2.9 billion yuan. The construction period is 5 years, and the annual output value is expected to exceed 1.3 billion yuan after full delivery.

Leon Wei announced that the company and the Nanhu District People's Government of Jiaxing City signed a “Project Investment Cooperation Framework Agreement” to invest in the construction of 200,000 12-inch light-coated substrates and 120,000 12-inch silicon epitaxial wafers per month. The total investment of the project is about 3 billion yuan, the fixed asset investment is about 2.9 billion yuan. The construction period is 5 years, and the annual output value is expected to exceed 1.3 billion yuan after full delivery.