On May 25, National Silicon Industry Group announced that the company plans to invest 1.55 billion yuan through its wholly-owned subsidiary Shanghai Xinsheng, and jointly invest with several joint venture parties to establish a first-level holding subsidiary Shanghai Jingsheng Xincheng Semiconductor Technology Co., Ltd. The company, the second-level holding subsidiary Shanghai Xinsheng Jinke Semiconductor Technology Co., Ltd. (tentative name), and the third-level holding subsidiary Shanghai Xinsheng Jingrui Semiconductor Technology Co., Ltd. (tentative name), implemented the 300mm semiconductor wafer expansion project . Shanghai Xinsheng is the direct/indirect controlling shareholder of the above-mentioned subsidiaries at all levels, and is the main implementation and promotion body of the expansion project.
