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Huahong Grace: Planned Participation in a $4.17 Billion Capital Raise for Wuxi Huahong Grace Phase III
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Author：小编
Huahong Grace has made an announcement stating that the company, in conjunction with its wholly-owned subsidiary, Shanghai Huahong Grace, intends to collectively invest $4.17 billion in Wuxi Huahong Grace Phase III Semiconductor Co., Ltd., alongside other investors. These funds are earmarked for the establishment of a 12-inch specialized process wafer foundry production line, boasting a monthly production capacity of around 55,000 wafers. This strategic investment proposal received the green light from the company's board of directors on September 1, 2026, and is currently pending ratification from the shareholders' meeting.
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