According to Zhitong Finance App, Basic Semiconductor (09971.HK) issued an announcement. On July 27, 2026, the company and the contractor (China Construction Second Engineering Bureau Co., Ltd.) signed a general engineering contract for the project. Based on this, the contractor agreed to undertake the project for the company's silicon carbide module packaging production line, with a total contract price of RMB 193.3 billion.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.