Changguang Huaxin's subsidiary plans to invest 100 million yuan to increase the capital of Weiqing Semiconductor

Qingchun Semiconductor, Changguang Huaxin Laser Innovation Research Institute, and Zesen Juxin plan to increase capital in Weiqing Semiconductor by RMB 254.5 million in the near future. Among them, Qingchun Semiconductor invested RMB 134.5 million, Changguang Huaxin Laser Innovation Research Institute invested RMB 100 million, and Zesen Juxin invested RMB 20 million. After the capital increase, the institute's shareholding in Weiqing Semiconductor will increase from 29% to 31.61%. According to the announcement, Weiqing Semiconductor is expected to have a monthly production capacity of 3,000 wafers in the future, and the entire production line is expected to achieve the goal of being connected in the first half of 2025. The valuation of Weiqing Semiconductor with this capital increase reached 3.138 billion yuan.