Yuanjie Semiconductor Technology (SHA:688498) completed civil engineering works and cleanroom construction for phase 2 of its optoelectronic communication semiconductor project, according to a Friday filing with the Shanghai bourse.
Total investment for the new optical chip production lines and facilities is about 1.25 billion yuan.
The first batch of production equipment will be delivered to the factory soon for debugging.
Company shares fell 4% during morning trading on Friday.
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