[Huahong Grace: It plans to invest in the third phase of Wuxi Huahong Grace to build a 12-inch specialty process wafer foundry production line with a monthly production capacity of approximately 55,000 pieces/month] On September 1st, Huahong Grace (688347.SH) announced that the company and the entire Shanghai Huahong Grace, its subsidiary, plans to increase capital in Wuxi Huahong Grace Semiconductor Co., Ltd. Phase 3 together with Wuxi Xihong Guoxin Phase II, Huaxin Dingxin, and China Development Bank to build a 12-inch specialty process wafer foundry production line with a monthly production capacity of approximately 55,000 pieces. After the completion of this investment, the registered capital of the target company will reach US$4.17 billion, of which the company will invest US$1.0425 billion and Shanghai Huahong Grace will invest US$1.0842 billion. This investment still needs to be submitted to the shareholders' meeting for review.