Shenzhen Zhingtech Subsidiaries to Expand High-End Storage Chip Testing Capacity With 1.47B Yuan Investment

GateNews
On May 26, Shenzhen Zhingtech announced its wholly-owned subsidiary Shenzhen Peidon and controlled subsidiary Hefei Peidon Storage plan to expand high-end storage chip packaging and testing capacity with a total investment of 1.47 billion yuan. Upon completion, Shenzhen Peidon is expected to increase monthly packaging capacity by 5 million wafer particles and testing capacity by 8 million chips, while Hefei Peidon Storage is projected to add 28.8 million wafer particles in monthly packaging capacity. The project will acquire advanced testing equipment, precision wafer grinding systems, and supporting infrastructure.
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