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Guangzhou Nansha Jingyuan Semiconductor Technology plans to invest 1.5 billion yuan to build China's largest 8-inch silicon carbide substrate production base in Jinan, Shandong, through its subsidiary Shandong Zhongjing Xinyuan Semiconductor Technology. The facility is expected to reach full production by 2025.
Luxin Venture Capital's wholly-owned subsidiaries Shandong High-tech Investment and Qilu Investment plan to sell their 45% stake in Xinghua Spandex for no less than 138 million yuan. The stake will be listed on the Shandong Property Rights Trading Center.