Huada Semiconductor Co., Ltd.

Shanghai IC Industry Investment Fund and Huada Semiconductor signed a capital increase agreement with Shanghai Jita Semiconductor for its specialty process production line project in Shanghai's Lingang area. The total project investment is 35.9 billion yuan, and the project started construction in August 2018 with main works largely completed.

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.

Jita Semiconductor and Advanced Semiconductor announced a merger agreement on October 30, 2018, under which Jita will absorb Advanced Semiconductor by paying approximately RMB 2 billion to shareholders. Advanced Semiconductor will be delisted and dissolved.