BOE Huacan announces investment of 985 million yuan to expand production capacity

BOE HC SemiTek announced plans to invest approximately RMB 985 million to expand production capacity. The investment project will be implemented by its wholly-owned subsidiary Suzhou HC SemiTek, located at the Suzhou HC SemiTek plant at No. 28, Chenfeng Road, Zhangjiagang Economic Development Zone. The funding sources include Suzhou HC SemiTek's own funds and self-raised funds.