Tianshui Huatian Technology (SHE:002185) plans to establish a subsidiary, according to a Shenzhen bourse disclosure on Saturday.
The Chinese analog testing services provider's shares rose less than 2% at the close of Monday's trade.
The subsidiary, Nanjing Huatian Advanced Packaging, will have a registered capital of 2 billion yuan. Its main business will be the packaging and testing of 2.5D/3D integrated circuits.
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