10 billion 800 million! HC semitek advanced semiconductor devices and on the investment and construction projects

Today morning, HC semitek (hereinafter referred to as "the company") announced the company has invested in Yiwu information photoelectric high-tech industrial park construction project and advanced semiconductor devices signed the project "Huacan photoelectric semiconductor devices and advanced investment framework agreement" by the Yiwu Municipal People's government as a witness.

According to the announcement, the project includes: 1. LED epitaxy and chip; the sapphire substrate; the ultraviolet and infrared LED; LED; microLED; MEMS sensor; the vertical cavity surface emitting laser (VCSEL) and gallium nitride (GaN) substrate laser; gallium nitride (GaN) - based power electronic devices and other advanced semiconductor device project. The project plans a total investment of 10 billion 800 million yuan. The construction land of about 500 acres, is expected to total construction period of 7 years.

Huacan said that the signing of this agreement, in accordance with the company's strategic development needs, is conducive to enhance the future development of space, impetus for the future development of the company. This project as the smooth implementation will contribute to the company's business development, to provide support and guarantee for the sustainable development of the company, through the construction and operation experience, enhance the core competitiveness of the industry and the company's influence. In addition, the signing of this Agreement for the year 2018 the company's operating income and net profit of production and operation does not constitute a significant impact, impact on the company's long-term income is uncertain.

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