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Dinglong Unit Expects 40 Million Yuan in Related-Party Deals For Chip Equipment Parts

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Hubei Dinglong (SHE:300054) controlling subsidiary, Hangzhou Qijie Technology, expects to book up to 40 million yuan worth of routine related-party transactions with Hubei Xintao Technology starting this year, according to a Wednesday filing with the Shenzhen Stock Exchange.

The deal involves Qijie Technology supplying electrostatic chuck control backplanes and testing equipment to Xintao Technology for testing.

Electrostatic chucks are used to carry wafers and are key materials used with semiconductor equipment, Dinglong said.

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