# Nexchip injects $128M into Anhui Jingmei to secure photomask supply

*The transaction transfers tooling subsidiary Hefei Jingwei to Anhui Jingmei as part of a 2.2 billion yuan expansion, lifting the foundry's stake to 32% to safeguard mature-node lithography.*

**Published:** October 2, 2026  
**By:** Wei Zhang  
**Section:** Semiconductors & AI Hardware — China  
**Format:** Company Watch  
**Confidence:** medium  
**Source:** https://eastasiabrief.com/semiconductors/nexchip-injects-128m-anhui-jingmei-secure-photomask-supply-473  
**Publisher:** East Asia Brief (https://eastasiabrief.com/)

---

## What to know

- Nexchip injects 908 million yuan in tooling assets to lift Anhui Jingmei stake to 32%
- The 2.20 billion yuan round finances 28nm mask lines to offset reliance on Japanese merchant vendors
- Shareholders vote Oct. 22, 2026, alongside a buyback deadline set for June 30, 2030

![Technicians wearing protective cleanroom suits handle precision components along a semiconductor production line. (AI-generated image)](https://eastasiabrief.com/media/2026-10-02-cc4b357f45ed.webp)
*Technicians wearing protective cleanroom suits handle precision components along a semiconductor production line. (AI-generated image)*

Nexchip Semiconductor said Oct. 1 it will inject 908 million yuan ($128 million) in production assets into photomask maker Anhui Jingmei, lifting its stake to 32% to secure local reticle supplies.

The transaction transfers 100% of tooling subsidiary Hefei Jingwei Technology to Anhui Jingmei as an in-kind contribution. Nexchip took the step to integrate its lithography supply chain amid tightening trade restrictions.

*The rest of this briefing is for members. Creating an account is free. [Continue reading](https://eastasiabrief.com/semiconductors/nexchip-injects-128m-anhui-jingmei-secure-photomask-supply-473).*

---

Cite as: East Asia Brief, "Nexchip injects $128M into Anhui Jingmei to secure photomask supply," October 2, 2026. https://eastasiabrief.com/semiconductors/nexchip-injects-128m-anhui-jingmei-secure-photomask-supply-473