🚨 CXMT PLANS 34.9 BILLION YUAN EXPANSION ChangXin Memory Technologies plans to invest 34.9 billion yuan. A source said a large portion of the capital will go to domestic chipmaking equipment suppliers. A Monday stock filing said 24.1 billion yuan will go to a new technology R&D project and 10.8 billion yuan to the second phase of a wafer testing base. Source: South China Morning Post #China #CXMT