Wuhan project breaks ground: ESWIN Material (688783) stock in focus before Monday’s China open
Xi’an ESWIN Material Technology began construction on a new 12-inch silicon wafer plant in Wuhan after securing key approvals, according to a government filing. Shares closed at 26.29 yuan Friday, down 0.79%. The company forecasts a 2025 net loss of 738 million yuan, similar to last year, despite plans to expand monthly wafer output to 1.7 million units.