HXTL Subsidiary Inks 920 Million Yuan Deal for Advanced Packaging Equipment

Stock News03-26

HXTL (01085) has announced that on March 26, 2026, after trading hours, its indirect wholly-owned subsidiary, Nanjing Zhangyu, entered into a procurement agreement with Suzhou Honghuiheng for the purchase of advanced packaging facilities and equipment. The total contract value is 92 million yuan, inclusive of a 13% tax.

The scope of the procurement covers: (a) core equipment, including grinding machines, laser grooving machines, mounting machines, flip-chip bonding equipment, ball planting machines, ball planting reflow ovens, AOI automatic optical inspection machines, X-ray inspection machines, and automated linkage equipment; (b) auxiliary equipment, such as solder paste printers, chip-on-board reflow ovens, underfill dispensing machines, underfill curing ovens, automatic sorting machines, and small production tools; (c) information systems; and (d) laboratory equipment, specifically PRECON reflow ovens and laboratory X-ray inspection machines.

Considering the development and business needs of Nanjing Zhangyu, the subsidiary plans to establish its own advanced packaging facilities. The execution of the procurement agreement aligns with this development strategy. The purchased products will be used in the ordinary and daily business operations of Nanjing Zhangyu.

This procurement initiative will support the integrated circuit and digital technology business segment of the group. It is expected to contribute to the sustainable development of the group and generate long-term returns for shareholders.

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