Maiwei Corporation: A holding subsidiary plans to invest 1.5 billion yuan in the construction of a semiconductor equipment project.
Maiwei Corporation announced that its holding subsidiary, Chenwei Equipment, plans to sign an "Investment Agreement" with the Wujiang Economic Development Zone Management Committee to invest 1.5 billion yuan in the construction of a "Semiconductor Equipment Research and Development Manufacturing Project", focusing on the research, production, and sales of intelligent high-end equipment in the semiconductor production field. The project is planned to occupy approximately 83 acres of land, which will need to be acquired through bidding. This matter has been approved by the board of directors and does not require the approval of the shareholders' meeting. The investment carries risks in land bidding, market, operation, and capital, but is not expected to have a significant impact on performance in the short term.
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