Baiwei Storage: Use the raised funds to provide loans of 851 million yuan and 1.02 billion yuan to its subsidiaries respectively.
BV Storage Announcement: The company held a board of directors and supervisor meeting on May 13, 2025, and approved the proposal to provide loans to its subsidiaries using funds raised. The company will provide a loan of 851 million yuan to its wholly-owned subsidiary Guangdong Tailai Packaging and Testing Technology Co., Ltd., and a loan of 1.02 billion yuan to its controlling subsidiary Guangdong Xincheng Hanqi Semiconductor Technology Co., Ltd. The loans will be used for the expansion and construction projects of the Huizhou BV Advanced Packaging and Testing Memory Manufacturing Base and the wafer-level advanced packaging manufacturing project. Both the supervisor board and the sponsor Huatai United Securities Co., Ltd. have expressed their clear approval.
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