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Hua Hong Semiconductor issued shares to National Integrated Circuit Industry Investment Fund for net proceeds of about $400 million, and together with other parties, will inject a total of $18 billion into its Wuxi subsidiary for a 12-inch wafer fab.
“公司、华虹宏力、国家集成电路及无锡实体以现金方式,分别向合营公司注资4亿美元、5.18亿美元、5.22亿美元及3.60亿美元。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.