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Silan Microelectronics (士兰微) announced a non-public share issuance plan to raise up to 6.5 billion yuan for three projects: a 12-inch wafer production line (360,000 wafers/year), a SiC power device production line (144,000 wafers/year), and an automotive semiconductor packaging project (7.2 million modules/year). The application was accepted by the Shanghai Stock Exchange on March 1, 2023.
“The project's implementation will help improve the company's supply guarantee capability and customer supply chain security.”seccw.com
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