JCET (600584.SH) has revealed its ambitious strategy to allocate 7.8 billion yuan towards the establishment of a cutting-edge, advanced packaging and testing factory within the Lingang Special Area of Shanghai. This will be achieved through the creation of a wholly-owned subsidiary, which is projected to have a registered capital of 4 billion yuan. The implementation of this project will unfold in two distinct phases. The inaugural phase will encompass the construction and renovation of the factory, along with investments in necessary equipment, and is slated for completion in the latter half of 2028. This strategic investment is designed to expedite the expansion of JCET's high-end advanced packaging capabilities and bolster its overall competitive edge in the market.
