Wuxi Taiji Industry to Sell Up to $85 Milion in Receivables to China Construction Bank

MT Newswires Live

2025/12/11

Wuxi Taiji Industry (SHA:600667) subsidiary Haitai Semiconductor plans to sell up to $85 million of its accounts receivable to China Construction Bank (SHA:601939, HKG:0939).

The receivables are amounts owed by SK Hynix (KRX:000660) for services provided in November and December, according to a Thursday filing with the Shanghai bourse.

Haitai Semiconductor will pay an estimated service fee of about $285,000.

Shares of the semiconductor company were down 2% Thursday.

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