Zhitong Finance App News, Changxin Technology (688825.SH) announced that the company plans to use overfunded RMB 13 billion to invest in new technology research and development projects. At the same time, the company plans to provide the wholly-owned subsidiary Changxin Storage Products (Hefei) Co., Ltd. (hereinafter referred to as “Changxin Products Hefei”) with an overfunded capital of RMB 5 billion through capital increases and loans. Changxin Products Hefei will invest in the construction of a new “Changxin Storage Products (Hefei) Co., Ltd. Memory Wafer Backstage Test Base Phase II Project”.

Zhitong Finance App News, Changxin Technology (688825.SH) announced that the company plans to use overfunded RMB 13 billion to invest in new technology research and development projects. At the same time, the company plans to provide the wholly-owned subsidiary Changxin Storage Products (Hefei) Co., Ltd. (hereinafter referred to as “Changxin Products Hefei”) with an overfunded capital of RMB 5 billion through capital increases and loans. Changxin Products Hefei will invest in the construction of a new “Changxin Storage Products (Hefei) Co., Ltd. Memory Wafer Backstage Test Base Phase II Project”.