According to the disclosure, Haichen Semiconductor's 8-inch non-storage wafer plant construction project has a total construction area of 1,549,48 m2. The address is located in the east of Xinhong Road, Wuxi Xinwu District, west of Xizhang Expressway, east of the planned river, and the project completion date is October 20, 2019.
However, Wuxi Industrial Development Group Co., Ltd. (hereinafter referred to as 'Industry Group'), the controlling shareholder of Taiji Industry, holds a 49.9% equity interest in Haichen Semiconductor. The signing of this contract will constitute a connected transaction.
Taiji Industry said that this transaction is the daily business needs of the subsidiary's 11 technology, which reflects the EPC leading position of the subsidiary 11 Technology in the IC industry. The signing of the contract will have a positive impact on the company's operating performance, which is beneficial to the company. Eleven technology business development.