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Tianjin Zhonghuan Semiconductor Co. and Zhejiang Jingsheng Mechanical & Electrical Co. signed an agreement with the Wuxi government to build an integrated circuit silicon wafer production base worth about USD 3 billion, with first-phase investment of USD 1.5 billion.
Zhejiang Jingsheng Mechanical & Electrical Co Ltd signed a 1 billion yuan contract to provide an automatic single crystal furnace.