According to the disclosure, the implementation of the foreign investment is that the company first invested in the Xi'an Economic and Technological Development Zone with the holding subsidiary Huatian Technology (Xi'an) Co., Ltd., and the investment holding company has a registered capital of 500 million yuan. The investment holding company will then invest in the Nanjing Pukou Economic Development Zone to establish a project company. The registered capital of the project company will be 500 million yuan.
Huatian Technology said that the implementation of this project is in line with the strategic requirements of the country to develop the integrated circuit industry. At the same time, the Yangtze River Delta region is the main gathering area of China's integrated circuit industry, and Nanjing has obvious location advantages, and the semiconductor industry has a good foundation. It will make full use of the comprehensive advantages of regional, policy and industrial ecological construction to expand the company's advanced packaging and testing capacity.