Yunyi Electrical: Halting the R&D and Industrialization Initiative for Semiconductor Discrete Devices
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Author:小编   

On August 20, Yunyi Electrical made an announcement stating that its board of directors had given the green light to a resolution aimed at discontinuing the R&D and industrialization project for semiconductor discrete devices, which was initially slated for 2022. This project was earmarked for a substantial total investment of 681 million yuan. However, the actual investment in factory construction amounted to 81.9636 million yuan, representing 12.03% of the projected total investment. Following the project's termination, the completed factory will be repurposed for the development of an intelligent wiper system project by a wholly-owned subsidiary of the company.

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