Hewlett Packard shares: $4 billion is proposed to set up a subsidiary to build an advanced containment and testing project

ON 17 JULY, THE HUIKE SHARES (001399.SZ) ANNOUNCED THAT ON 17 JULY 2026, THE COMPANY HAD SIGNED A COOPERATION AGREEMENT FOR THE ADVANCED SEAL AND TEST PROJECT FOR THE ADVANCED SEALING AND TESTING PROJECT WITH THE CHAO XING ZONE MANAGEMENT COMMITTEE OF THE ZHANGXI ZHONG ZHUANG ZHUONG ZHANG ZHENG ZHUI, A FULLY-OWNED SUBSIDIARY, ZHEJIANG ZHUIQI ADVANCED SEMICONDUCTOR LIMITED, AS THE IMPLEMENTING ENTITY FOR THE ADVANCED SEAL AND TEST PROJECT. THE PROJECT IS BEING BUILT IN TWO PHASES, ONE OF WHICH IS PLANNED TO BUILD A 12-INCH HYBRID CHIP FOR ADVANCED CONTAINMENT AND TESTING, WITH 20 MILLION PER MONTH OF POST-PARTUM CAPACITY AND A CONSTRUCTION CYCLE OF NO MORE THAN THREE YEARS. AGAINST THE BACKDROP OF THE RESTRUCTURING OF THE GLOBAL SEMICONDUCTOR SUPPLY CHAIN AND THE CONTINUED GROWTH OF MARKET DEMAND FOR DOMESTIC CHIP ENCAPSULATION TESTING, THIS INVESTMENT BY COMPANIES INTO THE AREAS OF ADVANCED SEALING AND TESTING IS AN IMPORTANT INITIATIVE FOR COMPANIES TO PROACTIVELY EXTEND TO HIGH VALUE CHAINS IN THE INDUSTRIAL CHAIN, HELPING TO NURTURE NEW BUSINESS GROWTH POLES, OPTIMIZE THE INDUSTRIAL STRUCTURE AND ENHANCE CORPORATE COMPETITIVENESS AND LONG-TERM PROFITABILITY. KIM XIAN