GTA Semiconductor Co., Ltd.

GTA Semiconductor, a subsidiary of China Electronics Corporation, is acquiring Advanced Semiconductor Manufacturing Corporation Limited (ASMC) by merger for approximately HK$2.3 billion. ASMC's H-shares will be delisted from the Hong Kong Stock Exchange on 25 January 2019.

Shanghai GTA Semiconductor Co., Ltd. and Advanced Semiconductor Manufacturing Corporation (ASMC) announced a merger agreement on October 30, 2018, under which GTA will absorb ASMC, with ASMC shares to be cancelled and its listing revoked.

GTA Semiconductor Co., Ltd., a subsidiary of China Electronics Corporation, started construction of a specialty process production line in Shanghai Lingang. The project involves a total investment of CNY 35.9 billion and aims to build an 8-inch line with 60,000 wafers/month capacity and a 12-inch line with 50,000 wafers/month capacity.

GTA Semiconductor Co., Ltd. (积塔半导体) started construction of a specialty process production line in Shanghai's Lingang equipment industrial zone. The project involves a total investment of 35.9 billion yuan, targeting a monthly capacity of 60,000 8-inch wafers and 50,000 12-inch wafers for power devices, power management, and sensors.