HC SemiTek Plans RMB 970 Million High-End Display Project, Sets Up RMB 700 Million JV in Suzhou
2026-06-26 09:58:30
HC SemiTek said it plans to sign an investment agreement with the administrative committee of Zhangjiagang Economic and Technological Development Zone to build a “new high-end display project” with total planned investment of about RMB 970 million, according to 36Kr. The company also plans to establish a joint venture with Yuefeng Kechuang, Suzhou BOE Jingxin Technology Co., Ltd., with registered capital of RMB 700 million; HC SemiTek will contribute RMB 490 million for a 70% stake, while Yuefeng Kechuang will contribute RMB 210 million for a 30% stake. The company said the investment does not constitute a related-party transaction or a major asset restructuring.
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