Nexchip announced plans to partner with Hefei Construction Investment and Hefei Qinhe to inject a total of 9.1 billion yuan into its wholly-owned subsidiary, Jingyi Integrated, at a subscription price of 1 yuan per unit of registered capital. Of this amount, Nexchip will contribute 5.1 billion yuan. Upon completion of the capital increase, Jingyi Integrated's registered capital will rise from 2 billion yuan to 11.1 billion yuan, and Nexchip's equity stake will be diluted from 100% to 63.96%, though the company will retain a controlling interest. Jingyi Integrated serves as the construction entity for Nexchip's Phase IV project, which carries a total investment of 35.5 billion yuan. The project will establish a 12-inch wafer manufacturing line with a monthly capacity of approximately 55,000 wafers, focusing on 40nm and 28nm CIS, OLED, and logic process technologies.