Rongxin Semiconductor responds to rumors of suspension of the 12-inch project in Ningbo: the project is proceeding as planned.

Rongxin Semiconductor issued a statement, noting that some self-media on the Internet have published and hyped up untrue reports concerning the company and the 12-inch integrated circuit chip production line project in Ningbo. Since July 2024, Dr. Yang Shineng has been appointed as the chairman of the company's Technical Expert Committee, guiding related work. The Ningbo project is progressing as planned.