Zhitong Finance App News, Huicheng Co., Ltd. (688403.SH) announced that within the scope of the company's consolidated statement, the company Shanghai Zheng Long Xinchuang Microelectronics Co., Ltd. (“Zheng Long Xinchuang”) plans to invest in the construction of a “HITS Advanced Packaging R&D Industrialization Project” in Nanxiang Town, Jiading District, Shanghai. The total investment is expected to be no less than 7.5 billion yuan, and the project construction period is 42 months. The project is still in the early stages of preparation, and Zheng Longxinchuang will proceed with the signing of the agreement and subsequent implementation as soon as possible.
The investment and construction of the HITS advanced packaging R&D industrialization project will help the company broaden its technological boundaries, improve the company's advanced packaging industry and technical layout, seize market growth opportunities in the AI and HPC fields, and further consolidate the company's market position and overall competitiveness in the field of advanced packaging. The project is currently in the early stages of preparation and is not expected to have a significant impact on the 2026 operating results of Huicheng Co., Ltd. After the project is completed, the company is expected to form a new performance growth point. It is expected that the company's profitability and return on assets will improve at that time. However, in the process of project investment, construction and operation, internal and external factors such as production line construction, economic environment, industry policy, changes in market supply and demand, management, and technology research and development are uncertain, which may cause the project investment plan to fall short of expectations and the return on investment.