According to Baiwei Storage's announcement, the company and its holding subsidiary Guangdong Xincheng Hanqi plan to sign a cooperation agreement with the Dongguan Songshan Lake High-tech Industrial Development Zone Management Committee to invest in the construction of the third phase of the wafer-level advanced sealing and testing manufacturing project, with a total investment of about 4.50 billion yuan, of which 40 billion yuan is invested in fixed assets, not involving additional land use. It plans to complete the fixed asset investment by December 31, 2029. The capital is owned and raised from its own capital. The matter has been reviewed and approved by the board of directors of the company and does not need to be submitted to the shareholders' meeting The first and second phases of the project have been completed with a planned investment of 3.09 billion yuan. Currently, it is in the customer sample delivery, process verification and small-batch trial production stage, and has not yet officially generated mass production revenue.

According to Baiwei Storage's announcement, the company and its holding subsidiary Guangdong Xincheng Hanqi plan to sign a cooperation agreement with the Dongguan Songshan Lake High-tech Industrial Development Zone Management Committee to invest in the construction of the third phase of the wafer-level advanced sealing and testing manufacturing project, with a total investment of about 4.50 billion yuan, of which 40 billion yuan is invested in fixed assets, not involving additional land use. It plans to complete the fixed asset investment by December 31, 2029. The capital is owned and raised from its own capital. The matter has been reviewed and approved by the board of directors of the company and does not need to be submitted to the shareholders' meeting The first and second phases of the project have been completed with a planned investment of 3.09 billion yuan. Currently, it is in the customer sample delivery, process verification and small-batch trial production stage, and has not yet officially generated mass production revenue.