SJ Semiconductor (SHA:688820) completed the registration of a project company called Dongsheng Hexin Technology (Shanghai), according to a Shanghai bourse filing on Saturday.
Dongsheng Hexin has an initial registered capital of $140 million, and will be managing the construction of the Shenghe Microelectronics Lingang Advanced Packaging Production Line, with construction expected to commence on Monday.
The semiconductor wafer manufacturer's shares rose 1% during Monday's morning trade.
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