--- title: "HC SemiTek Plans RMB 970 Million High-End Display Project, Sets Up RMB 700 Million JV in Suzhou" type: "News" locale: "en" url: "https://longbridge.com/en/news/290948235.md" description: "HC SemiTek plans a RMB 970 million high-end display project in Zhangjiagang and established a RMB 700 million joint venture with Yuefeng Kechuang and Suzhou BOE Jingxin Technology. HC SemiTek holds a 70% stake in the JV. The company stated these investments do not constitute related-party transactions or major asset restructuring." datetime: "2026-06-26T09:58:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290948235.md) - [en](https://longbridge.com/en/news/290948235.md) - [zh-HK](https://longbridge.com/zh-HK/news/290948235.md) generator: "portal-rs" --- # HC SemiTek Plans RMB 970 Million High-End Display Project, Sets Up RMB 700 Million JV in Suzhou HC SemiTek said it plans to sign an investment agreement with the administrative committee of Zhangjiagang Economic and Technological Development Zone to build a “new high-end display project” with total planned investment of about RMB 970 million, according to 36Kr. The company also plans to establish a joint venture with Yuefeng Kechuang, Suzhou BOE Jingxin Technology Co., Ltd., with registered capital of RMB 700 million; HC SemiTek will contribute RMB 490 million for a 70% stake, while Yuefeng Kechuang will contribute RMB 210 million for a 30% stake. The company said the investment does not constitute a related-party transaction or a major asset restructuring. ### Related Stocks - [300323.CN](https://longbridge.com/en/quote/300323.CN.md) - [000725.CN](https://longbridge.com/en/quote/000725.CN.md) ## Related News & Research - [Rising Memory Chip Prices Pressure BOE’s Display Business in First Half](https://longbridge.com/en/news/297510957.md) - [Nubia sets Sept. 16 launch for Doubao-powered NaviX Ultra](https://longbridge.com/en/news/298170174.md) - [Surge Battery Metals secures long-term land, water access for Nevada North lithium project](https://longbridge.com/en/news/298473093.md) - [American Gold & Copper signs $10 million deal to acquire Rimrock copper-gold project in Nevada](https://longbridge.com/en/news/298454566.md) - [GitHub tests multi-model routing with HydraFusion](https://longbridge.com/en/news/298489617.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**