Da Heng Technology (600288.SH) plans to invest 600 million yuan to establish a subsidiary to engage in semiconductor-related auxiliary equipment business.

The Zhitong Finance APP reported that Daheng Technology (600288.SH) announced that, according to the company's strategic development direction, in order to expand its business layout in the semiconductor industry and emerging industries, the company plans to use its own funds to invest RMB 600 million to establish a wholly-owned subsidiary, Shanghai New HengXin Rui Technology Co., Ltd. (tentative name, subject to final approval by the market supervision and management department).