B · Normal
[Huahong Grace: Plans to invest a total of 5.556 billion yuan of super-raised funds and remaining raised funds in the Wuxi Phase III project] On September 4, Huahong Grace (688347.SH) announced that the company plans to complete the 8-inch factory optimization and upgrading project and the characteristic process technology innovation R&D project, as well as the Huahong Manufacturing (Wuxi) project. The company plans to use 3.031 billion yuan of super-raised capital, 1.276 billion yuan of remaining raised funds for the 8-inch factory optimization and upgrading project, and 1.250 billion yuan of remaining raised funds for the characteristic process technology innovation and research and development project, for a total of 5.556 billion yuan to invest in the construction of the Huahong Grace Wuxi Phase III project. The project has a total investment of 6.95 billion US dollars to build a 12-inch special process production line with a monthly production capacity of 55,000 pieces. At the same time, the company plans to use the remaining 151 million yuan raised from the Huahong Manufacturing (Wuxi) project to permanently replenish working capital.
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