Guangzhou Zengxin Technology plans to build two wafer fabs

Guangzhou Zengxin Technology Co., Ltd. plans to build two wafer fabs. The first wafer fab (FAB1) is divided into two phases. The first phase has a production capacity of 20,000 wafers/month with a total investment of 7 billion yuan; the second phase has a production capacity of 40,000 wafers/month with a total investment of 10 billion yuan; the second wafer fab (FAB2) is the third phase, with a production capacity of 60,000 wafers/month and a total investment of 20 billion yuan.