Huatian Tech to Construct Integrated Circuit Industrial Base for 3 Billion Yuan; Shares Up 10%

MT Newswires Live05-25

Tianshui Huatian Technology (SHE:002185), through subsidiary Huatian Technology (Nanjing), will construct the Phase II of the Huatian Nanjing Advanced Integrated Circuit Packaging and Testing Industrial Base for 3 billion yuan, according to a Shenzhen bourse filing on Saturday.

The semiconductor testing and packaging company's shares jumped 10% during Monday's afternoon trade.

The industrial base will be built in Pukou Economic Development Zone, Nanjing, Jiangsu Province, China from June this year to May 2028.

The industrial base is expected to generate an operating revenue of 2.15 billion yuan and a net profit of 126.1 million yuan every year.

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