Zhitong Finance App News, Biwei Storage (688525.SH) issued an announcement. Based on the company's development strategy needs, in order to seize market development opportunities and enhance the company's market competitiveness and comprehensive strength, the company and holding subsidiary Guangdong Xincheng Hanqi (as the implementing entity for the first phase, phase II (“original project”) and phase III of the wafer-level advanced sealing and testing manufacturing project) intend to sign the “Phase III Cooperation Agreement for the Wafer-Level Advanced Packaging and Manufacturing Project” with the Dongguan Songshan Lake New Technology Industry Development Zone Management Committee. The total investment amount of the project is about 4.5 billion yuan (the final total investment amount is based on the actual investment). Of this, 4 billion yuan was invested in fixed assets (including investments in buildings, structures, ancillary facilities, equipment, etc.).

Zhitong Finance App News, Biwei Storage (688525.SH) issued an announcement. Based on the company's development strategy needs, in order to seize market development opportunities and enhance the company's market competitiveness and comprehensive strength, the company and holding subsidiary Guangdong Xincheng Hanqi (as the implementing entity for the first phase, phase II (“original project”) and phase III of the wafer-level advanced sealing and testing manufacturing project) intend to sign the “Phase III Cooperation Agreement for the Wafer-Level Advanced Packaging and Manufacturing Project” with the Dongguan Songshan Lake New Technology Industry Development Zone Management Committee. The total investment amount of the project is about 4.5 billion yuan (the final total investment amount is based on the actual investment). Of this, 4 billion yuan was invested in fixed assets (including investments in buildings, structures, ancillary facilities, equipment, etc.).