San'an Optoelectronics and Quanzhou, Fujian, Nanan signed a 33.3 billion investment agreement

Sanan Optoelectronics and Quanzhou, Fujian, Nanan signed a 33.3 billion investment agreement to create compound semiconductor industry

Set micro-grid news, December 5 evening, San An Optoelectronics announced that the People's Government of Quanzhou in Fujian Province and Nan'an City, Fujian Province signed the "Investment Cooperation Agreement" motion. According to the agreement: the company intends to Quanzhou in Fujian Province Investment and registration of one or several project companies in the core area of ​​Nanan Park, with a total investment of 33.3 billion yuan (including public facilities investment, unit: RMB, the same below), put into production within five years and reach full production and operation period within seven years Not less than 25 years.

According to the announcement, the industrialization projects include: 1. R & D and manufacturing industrialization projects of high-end GaN LED substrates, epitaxy and chips; 2. R & D and manufacturing industrialization of high-end gallium arsenide LED chips; and 3 , High-power gallium nitride laser R & D and manufacturing industrialization projects; 4, optical communications devices R & D and manufacturing industrialization projects; 5, RF, filter R & D and manufacturing industrialization projects; 6, power semiconductor ) R & D and manufacturing industrialization projects; 7, special substrate materials research and development and manufacturing, special packaging products application research and development and manufacturing industrialization projects.

The announcement said that Quanzhou and Nan'an City, Fujian Province, are promoting the R & D and industrialization of III-V compound semiconductors and integrated circuits as soon as possible in order to promote the formation of Nan'an Park in Quanzhou's core area (hereinafter referred to as "the park"), enhance the Group III-V compound semiconductors , The core competitiveness of integrated circuit industry, welcome and encourage the Company to invest in the park to invest in the construction of compound semiconductor, integrated circuit and related industry projects, and give positive support to the development of the project in the park.According to "General Office of the State Council on further stimulating the vitality of private investment Guiding Opinions on Promoting Sustained and Healthy Economic Development "(Guo Shui Fa '2017'79) Regarding the' exerting the leading role of financial funds, we can widely absorb various types of social capital and support enterprises through such means as investment subsidies, capital injection and establishment of funds Step up technological innovation and increase investment in key projects such as compound semiconductors and integrated circuits, as well as key projects in weak links. "The three parties reached this agreement upon friendly consultation based on the principle of mutual benefit, mutual benefit and reciprocity.

The investment will be the establishment of a number of project companies with a total investment of 33.3 billion yuan, (including public facilities investment), after the completion of annual sales revenue of about 27 billion yuan (according to the current product unit price calculation.) Sanan Optoelectronics Technology Co., A wholly owned subsidiary was set up to invest in R & D and manufacturing industries and projects in integrated circuits, LED epitaxy and chips. The company name was tentatively Quanzhou Sanan Semiconductor Technology Co., Ltd. with a registered capital of 2 billion yuan.

Sanan Optoelectronics is principally engaged in the research and development and application of III-V compound semiconductor materials, focusing on epitaxial, chip core The main industry, and strive to create an internationally competitive semiconductor manufacturers. Announcement that the investment project is focused on the emerging national strategic industries, with energy saving and environmental protection; in line with the company's industrial development and development strategies, the purpose is to do the main business Bigger and stronger, can give full play to the company's industrial synergy, enrich the company's product categories, greatly enhance the company's added value, extend the company's industrial chain, will help further expand the company's production capacity, consolidate the company's position in the industry, continue to increase market share, develop New application areas, to create a global influence of compound semiconductor companies.

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