On the evening of the 28th, Sun and Moonlight announced that in response to the medium and long-term development strategy and capacity layout needs, Huanxu Electronics, a subsidiary company, intends to sign a project investment agreement with China Huizhou Daya Bay Investment Bureau to build a new plant in Huizhou Daya Bay.

Huanxu Electronics also announced that its production capacity has become saturated and the existing space and space can not meet the business development needs in South China on the mainland of China. It plans to set up a project company in the Daya Bay Economic and Technological Development Zone, and authorizes its subsidiary Huansheng Electronics to set up a wholly-owned subsidiary with 100% ownership and to invest in the establishment of new factories.

It is understood that the total investment of the new plant is not less than RMB 1.35 billion yuan, including fixed assets investment not less than RMB 1 billion yuan and registered capital RMB 200 million yuan. Planning and production of video control boards, cash registers, server motherboards, new electronic products OEM services.

Huan Xu pointed out that the investment will help Shenzhen Huansheng to meet the needs of capacity expansion and business development in South China, speed up technological transformation and industrial upgrading, vigorously develop industrial automation, and enhance the competitiveness of the company's industry. At the same time, it is conducive to the rational distribution of production capacity, giving full play to the existing technology, market and talent advantages, and laying the foundation for accelerating development and long-term development in South China.

Huanxu Electronic estimates that the new plant covers an area of about 60,000 square meters. The project is divided into two phases. The first phase covers 120,000 square meters. The second phase covers 73,000 square meters. It plans to produce video control boards, cash registers, server motherboards and new electronic products.

Huan Xue Electronics pointed out that the issue of foreign investment is within the authority of the board of directors of the company. It does not need to be submitted to the shareholders'meeting for consideration. The date of formal signing of the contract is arranged separately.

Huan Xu Electronics will hold an interim meeting of shareholders in Pudong New Area of Shanghai on the afternoon of February 14.

In fact, in recent years, more and more sunshine and moonlight have been laid out on the mainland. Earlier than last November, after TSMC went to Nanjing to set up a wafer factory in mainland China, Sun Moonlight also decided to set up an IC test center in Nanjing to hold the mainland semiconductor business opportunities.

According to media reports, Sun Moonlight, the world's first packaging and testing service provider, plans to invest in the establishment of IC testing service centers in early Nanjing. In the future, it will focus on providing integrated packaging and testing services for semiconductor customers, including the integration of chip front-end testing and wafer needle back-end packaging, material and finished product testing, to lay a solid foundation for subsequent cooperation.

Sun Yueguang said earlier that the project testing service business has been operating in Shanghai for nearly four years. With the active development of semiconductor industry in mainland China and in line with the needs of local chip industry, we have successively visited Shenzhen, Kunshan, Nanjing, Hefei, Suzhou and other places to finalize the establishment of IC testing center in Nanjing Pukou Economic Development Zone.