On June 16, Huatian Technology responded to investors' questions on an interactive platform, stating that the company's Nanjing base plans to carry out packaging and testing of integrated circuit products such as memory, MEMS, and artificial intelligence, and has now entered the trial production stage.
Regarding Huatian Technology's Nanjing project, public information in May has indicated that it will enter the trial production stage.
According to news from Jiangsu Open University in early May, Huatian Technology (Nanjing) Co., Ltd. settled in Qiaolin Street, Pukou District, Nanjing in September 2018. The total investment in the project is 8 billion yuan. Currently, the first phase of the project with a total investment of 1.5 billion yuan is about to be completed and will be put into operation today.
The Nanjing Daily also mentioned the progress of the Huatian Technology project in a report at the end of May. The report pointed out that as of May 14, the construction of the Huatian Technology Nanjing Integrated Circuit Advanced Packaging and Testing Industrial Base project, which is planned to invest 8 billion yuan, has been basically completed and will be put into trial production this month. In May this year, the first phase of the Huatian Integrated Circuit Packaging and Testing Industrial Base project began joint debugging and testing. It is expected that after it is put into production, it will produce 3.36 billion FC series products and 560 million BGA substrate series products annually, and can achieve sales revenue of 1.4 billion yuan. The project was connected and negotiated in April 2018, officially signed in July, and broke ground in December.
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