1. Hefei Changxin will produce 8Gb DDR4 engineering samples by the end of the year, with a production capacity of 20,000 tablets/month by the end of next year;
Set micro-hefei report
On April 15th, it was organized by the National 02 Major Special Implementation Management Office, Anhui Provincial Economy and Information Committee, Hefei People's Government and IC Industry Strategic Innovation Alliance, Hefei Investment Promotion Bureau, Hefei Investment and Production Office, and Hefei Three Major Projects. The 'National Integrated Circuit Major Project Moved into Anhui Activities' co-organized by the Development Zone was formally held in Hefei.
It is reported that this event was mainly hosted by Wei Shijun, Director of Microelectronics Institute of Tsinghua University. The theme of the event was: building a “core” highland and making sails “core” journey to create advanced semiconductor innovation and green development in the Yangtze River Economic Belt. Industrial clusters.
A top-level event for the domestic integrated circuit industry
Although the Hefei IC industry started late, the development momentum is very strong. The state and Anhui Province have always attached great importance to the development of the integrated circuit industry in Hefei. The Ministry of Industry and Information Technology has listed Hefei as one of the nine major integrated circuit development bases in the country. The National Development and Reform Commission Hefei is listed as one of the 14 key integrated industrial development cities. Some of the projects have been incorporated into the 13th Five-Year National Major Integrated Circuit Production Planning. According to relevant plans, the Hefei integrated circuit industry will strive to exceed 50 billion yuan in output value by 2020.
At the event, Song Guoquan, member of the Standing Committee of the Anhui Provincial Party Committee and Secretary of the Hefei Municipal Party Committee, said that the event has the highest domestic specifications, the greatest influence, and the strongest professionalism. It is a top-level event in the industry. In the future, it will actively learn to use the conference results. Work together with all parties concerned to implement the joint efforts to make Hefei contribution to China's IC manufacturing technology advancement and industrial revitalization.
Cao Jianlin, Chairman of the Integrated Circuit Industry Technology Innovation Strategic Alliance, said that the development of Hefei is also an important link in the development of China's integrated circuit industry. The major national integrated circuit project in Hefei is also a historical necessity for China's economy, industry, and social development. In addition, integration The circuit industry is a highly international industry. Some changes in the international environment will have a major impact on any country's integrated circuit industry. Therefore, we hope everyone can overcome difficulties and prepare for difficulties.
According to Qiu Gang, deputy inspector of the major special office of the Ministry of Science and Technology, 02 and deputy director of the special implementation management office, this event is the first stop of the major special event office in 2018, and is also the most important docking event. Hefei City, Anhui Province has been developing in recent years. The new integrated circuit shows that the pan-semiconductor industry, such as photovoltaics and LED, has played an important role in promoting the green development of the Pan-semiconductor industry in the Yangtze River Economic Belt, and the industrial characteristics have taken shape. It is hoped that the achievements of major national projects will help Anhui and help Hefei accumulate more advantages. Resources, to build an advanced cluster of pan-semiconductor industry with international competitiveness.
Multiple IC projects officially signed up for settlement in Hefei
It is worth mentioning that at the event, a number of integrated circuit projects were officially signed and settled in Hefei, and more in-depth and close cooperation will be carried out in the future.
It is understood that at present, Hefei has 129 integrated circuit companies, including 102 design companies, 3 manufacturing companies, 8 sealing and testing companies, 16 equipment and material companies, covering the entire industrial chain of integrated circuits. In 2017, the city’s integration The output value of the circuit industry was 23.56 billion yuan, a year-on-year increase of 31.03%. The settled companies are still growing at an average annual rate of 20.
In addition to the growing industry scale, leading companies are continuously gathering in Hefei. In the design process, Hefei City has 102 well-known companies such as Lianfa Technology, Qunlian Electronics, Zhaoyi Innovation, and Junzheng Technology, among which sales revenue exceeds 100 million yuan. The number of companies reached 5, and MediaTek was the second largest R&D center in the world to settle in Hefei. In the manufacturing process, Junghein 12-inch wafers were mass-produced and the Changxin 12-inch memory wafer manufacturing base project was accelerated. The project went into production. It is estimated that it will account for about 8% of the world's DRAM market to fill the gap in the domestic DRAM market. At the packaging and testing stage, it will have such projects as Tongfu Microelectronics, Xinhuicheng, COF tape and silicon step, etc.; Microelectronics double-surface direct laser imaging equipment breaks the monopoly of high-end laser direct-write exposure equipment in foreign countries. Dahua Semiconductor's proprietary production equipment and precision molds achieve mass production sales.
Hefei Jinghe, Hefei Tongfu, Changxin Ruili Project Progress
Hefei Jinghe was jointly invested by Hefei Construction Investment Holdings Co., Ltd. and Taiwan Power Crystal Technology Co., Ltd. It was the first 12-inch integrated circuit foundry enterprise in Anhui Province. The first-phase project (N1) has a total investment of approximately RMB 12.8 billion. It was officially put into production at the end of October 2017 and is expected to have a production capacity of 40,000 wafers per month on 12 wafers. According to Li Xiang Hubei, general manager of Hefei Jinghe Integrated Circuit Co., Ltd., the second phase project (N2) is under construction.
Li Xiang Hubei said that Kychem is actively importing domestically-made equipment. At this stage, six localized equipment manufacturers have been evaluated. One of them has entered the factory for product verification, and two have been installed in the factory. Jinghe is expected to be within 5-10 years. It can provide 70% of integrated circuit manufacturing technology needed by Hefei industry.
Hefei Tongfu Microelectronics Co., Ltd. was invested and established by Nantong Fujitsu Microelectronics Co., Ltd. to build an advanced packaging and testing industrialization base in Hefei Economic and Technological Development Zone. The first phase of the project was started in July 2015; May 2017, Hefei Tongfu and Infineon signed a strategic cooperation agreement to implement smart manufacturing. In August 2017, the first products were formally released. According to Shi Lei, president of Tongfu Microelectronics, Hefei Tongfu currently has 1200 employees. 33 people, 33 customers, realized capacity of 11 million pieces/day, operating income of approximately RMB 150 million, and accumulated investment of approximately RMB 1.01 billion.
Shi Lei stated that with the support of the Hefei government, Hefei Tongfu has been successfully mass-produced. The target sales revenue in 2018 exceeded 540 million, three new production lines were added, and the intelligent manufacturing system was basically completed and rebuilt. In addition, under the special support of State 02, Hefei In the 2017-2019 period, Tongfu will build a world-leading LCD driver chip packaging test production line containing more than 10 kinds of 12-inch domestic equipment, domestically produced equipment, materials procurement over 1 billion yuan.
The Hefei DRAM '506 Project' originated on May 6, 2016 when Zhao Yixin Zhu Yiming, chairman of Hefei and the main leaders of Hefei Economic Development Zone discussed Hefei's memory project development strategy, hence the name. '506' project contains Hefei Changxin, Changxin Storage, three operating entities integrated by Corel. Wang Ningguo, Chairman of Changxin Storage Technology Co., Ltd. and CEO of Corel Integrated Circuit Co., Ltd. introduced that the goal of the project is to independently develop mainstream DRAM memory IDM.
Wang Ningguo stated that the total investment of Phase 1 of Hefei's DRAM '506 Project' was RMB 534 yuan. The construction of the first factory building in January 2018 was completed and equipment installation was started. By the end of 2018, 8Gb DDR4 engineering samples were produced; at the end of 2019, the production capacity was 20,000 pieces/month. In 2020, the second plant construction will be planned; in 1721, 17nm technology research and development will be completed. In the future, we hope to use the CKD IDM platform of Changxin to vigorously support the development and industrialization of domestic semiconductor equipment and materials.
2. The Yangtze River stores 32-layer three-dimensional NAND flash memory Q4 for volume production, 64 layers next year;
On April 11, the national memory base project chip production machine platform was officially installed and installed. This marks the state's memory base from the plant construction stage to the mass production preparation phase. Changjiang Daily reporter learned that the equipment will be imported and debugging will take about 3 months. Time, and then began small-scale pilot production, if successful, in the fourth quarter of this year, China's first 32-bit three-dimensional NAND flash memory chips with complete independent intellectual property rights are expected to achieve mass production in the optical valley.
In September last year, the No. 1 production and power plant of the National Storage Base Project (Phase 1) was capped one month ahead of schedule; now, the chip production machine platform has been relocated 20 days in advance. Zhao Weiguo, Chairman of the Ziguang Group and chairman of the Yangtze River Storage Group, stated that The requirements for the production machine to move into the production environment are very high. They must be placed in a clean room and provide corresponding support. Therefore, the interior of the machine room indicates that the interior of the factory clean room, electrical equipment and other interior decoration has been completed one after another. Capping is more technically more difficult.
9 months construction of the factory, 7 months to implement the machine to move in, construction nodes continue to advance. The national memory base project, once reached the scale of construction of 6,000 people at the same time, day and night fighting. The production machine is moving into the important node, It is understood that The equipment moved in was only the first one. Afterwards, it was necessary to move from various parts of the world into various types of high-precision chip production machines for debugging. The number was more than 2,000 units. After equipment commissioning, it was possible to quantify production chips.
According to the plan, in the fourth quarter of this year, equipment is expected to be put into production. Gao Qiquan, executive vice president of China Unicom Group, executive vice president of Yangtze River Storage, revealed that the volume production this year will be China's first 32-layer three-dimensional NAND flash memory chip successfully developed last year. On April 9th, this chip, which cost US$1 billion and was independently developed by a 1,000-person team for 2 years, won the China Electronics Information Expo (CITE2018) Gold Award. This is China's manufacturing process that is closest to the international high-end level. The chip, which will hopefully enable China to enter the first echelon of global memory chips, will enhance the status of 'China Core' in the international market.
"But this is only just beginning." Gao Qiquan accepted the visit carefully. He introduced that after mass production of 32-layer three-dimensional NAND flash memory chips, it will not be a very high output. 'More important is to complete the accumulation of complete autonomous technologies. Not good enough, it will not hard hit production'.
At present, the global memory chip technology is mainly in the hands of Korean, Japanese, and American companies. It belongs to a relatively monopolistic market. In June last year, Samsung announced that it started mass production of 64-layer NAND flash memory. These technologies and products will promote the adoption of TB. Units of SSDs and mobile phones with 128GB or more flash memory are rapidly gaining popularity.
According to statistics, global sales of flash memory chips exceeded US$50 billion in 2017, a year-on-year increase of 45%, and it is expected to exceed US$100 billion in sales in 2020. More than half of the Chinese market imports, and the memory chips produced independently by Chinese companies are basically blank. In the past three years, the price of global memory chips has been rising.
"The bench is ten years cold." Zhao Weiguo said that the road ahead is still very long and difficult. We must strengthen our confidence and maintain our strength. 'We hope to gain a firm foothold in 5 years. Others can't get us out but real success is needed.' 10 years'.
In an interview with Gao Qiquan, he also stated similarly, 'Catch up with technology in the first five years and increase production in the next five years'. He said that currently Yangtze River Storage has completed independent research and development of 32-layer three-dimensional NAND flash memory chips, and will also put into mass production, but the output is The cost is not enough to affect the market. 'Later advantage is not to go too far, faster, but others are running, still have to take effort to take up, spend time', Gao Qiquan said, 64-tier flash memory product development It is also rapidly progressing, and strives to achieve capacity ramp-up and volume production by the end of 2019. In this way, we can shorten the gap with the world's leading manufacturers within two years. 'We hope to use the advanced world level in about five years'. (Reporter Xiao Juan correspondents Liu Gangjian) Changjiang Daily
3. Liu Guojun: China's semiconductor industry still lags behind in its core competitiveness;
Imagination is Apple's long-term graphics processing technology (GPU) provider. In April 2017, Apple announced that it will stop using Imagination's graphics processing IP in the next two years and terminate patent payment, resulting in Imagination being divorced from Apple's supply chain. Then, China-funded private equity fund Canyon Bridge acquired Imagination in September 2017. In the past year or two, during the offensive against Chinese overseas high-tech M&A and anti-merger acquisitions, this was a rare Chinese capital gain. Imagination set foot in GPU, artificial intelligence (AI) and Internet of Things (IoT) These hot technology areas, why are such technology companies falling into the hands of Chinese capital in the strict defense of European and American countries? In response to this news, we interviewed Imagination's vice president. China General Manager Liu Guojun.
Liu Guojun
News: The image processing chip is hot, what are its application scenarios, why is it so important?
Liu Guojun: In addition to the higher quality, faster speed, and lower power consumption of consumer devices, image, video presentation, restoration, and processing can be applied. There are many application scenarios for graphics processing technology. Visual applications can be used as an example. Found that graphics processing technology is providing more complex, more valuable information processing and computing, including the ability to extract more advanced, more detailed information and higher accuracy from the image or video stream. For example, in the security camera market, the camera A detailed analysis of face recognition or cross-border alarms can be provided without the need to install expensive servers on the back end to handle the large amount of image and video information returned, which does not increase the information delay. An example of practical application is provided. : In a store environment, the monitoring device is able to identify when someone has taken something from the shelf, what the product is, how long they have seen it, and whether to put it in the shopping cart, or put it back on the shelf. Statistics can be analyzed in the field and become important business and service data. Amazon has already tried this in the United States. Surgery.
In addition, graphics processing and artificial intelligence are inseparable. In the discussion of artificial intelligence technology, one thing is getting more and more attention by everyone. It is the underlying technology that supports various types of artificial intelligence application hardware. For example, it is best suited to run Google TensorFlow. Artificial intelligence software is not Intel's X86 chip, but a graphics processor. The reason that artificial intelligence technology requires a graphics processor rather than a traditional CPU chip is: The graphics processor is better suited for parallel tasks. A graphics processor has hundreds of integrated With different computing cores, training neural networks requires a lot of simpler and more repetitive steps, and is therefore more suitable for running on graphics processors. Imagination is the world's leading IP provider for graphics processors, and the company has been updating iterative PowerVR GPU IP products. , together with the recently launched Series2NX Neural Network Accelerator (NNA) to provide the performance required for artificial intelligence applications, helping developers build next-generation mobile phones, surveillance, smart car connections, robotics, drones, smart retail, and many other intelligent applications Required high performance, low power chip products.
News: Recently, Huawei launched a chip with AI function. It seems that the competition of new mobile phones depends largely on image processing and AI functions.
Liu Guojun: Yes. I mentioned visual applications and artificial intelligence just now. At present, a large number of mature applications use data center background parallel computing. But there is an important trend that these processes will be transferred to the terminal. The final competition is in the terminal. Mobile phones are very common and important terminals, so the graphics processing and artificial intelligence on mobile phones are a new competitive trend. Images contain a lot of data, video streams are more, so the amount of data that needs to be processed is very large. Power consumption and bandwidth limitations. If traditional CPUs or GPUs are used to process data, the performance and bandwidth requirements of artificial intelligence cannot be met.
News: How does the graphics chip support unmanned driving?
Liu Guojun: When designing a self-driving car, the car must understand its environment. To do this, it is necessary to observe the various conditions on the road through the camera, and then process the information collected by these cameras, and then analyze the road environment. , to support vehicles to judge to achieve automatic driving. The information that needs to be collected, processed, and fed back includes: location of other vehicles, location of pedestrians on the street, content of street signs, marking lines of roads, etc. Graphics processing chip is processing The dedicated processor for this information can effectively assist the car in making the right driving decision.
News: What are the impacts of GPUs and AI accelerators on the semiconductor industry?
Liu Guojun: GPU, as a graphics processor dedicated processor that is completely different from the general processor architecture, has changed the semiconductor industry and promoted the revolution in the entire mobile industry and applications, greatly enriching our lives and indirectly changing Our working methods and habits. The GPU is very good at doing a lot of operations at the same time, which is very important for graphics processing, and also for other types of calculations. Today, when users use filters in their favorite camera applications, This is the technology. Many AI applications also require a lot of calculations, which is very suitable for GPU.
AI (especially neural networks) has a growing demand for computing, especially with high bandwidth requirements. This is precisely where the value of dedicated AI accelerators is. By using dedicated hardware, you can increase the amount of calculations performed and optimize the data. Compared to GPUs, the need for bandwidth can be reduced to provide more than 100 times performance improvement. From the above two points of view, GPU and AI accelerators are already core functions of many independent chips or chips integrated with other functions. With the emergence of more and more new applications, it will promote the semiconductor industry to expand new development space.
News: Phone manufacturers such as Huawei, Apple, and Samsung are all developing their own AI chips. What's the difference between your technology and theirs?
Liu Guojun: The current AI hardware design and construction are still in an early stage. The real demand for the complete needs of end-users, more complex performance, and competitions such as low power consumption and small area constraints have not yet fully unfolded. To rush into the market, many Mobile phone manufacturers will initially design their own solutions because it seems easy and cheap. However, this area is rapidly changing, and the technology is already somewhat simpler. The complexity of next-generation networks and applications is increasing, AI’s Related designs will become increasingly complex. This requires dedicated hardware IP vendors who have a dedicated team of engineers who are responsible for designing and improving our vision and AI hardware product portfolios, plus the expertise and experience of building complex hardware systems. Able to meet or even exceed custom solutions. Our advantage is that if handset manufacturers want to stop using their own solutions within the chip, we can easily replace their existing solutions and enable them to continue building Differentiated and competitive products. This is a total of the semiconductor industry With the trend and development law, there have been similar developments in the evolution of GPU and CPU. Only a few suppliers now have strong product development roadmaps and technical capabilities to support this evolution.
News: Why do handset makers invest a lot of money and energy in doing more and more?
Liu Guojun: Not only a handset maker, but also a lot of system vendors. They have to be their own dedicated processors. Like Huawei Hass, they want to have their own core competencies. This core competence is reflected in the chip. In addition, they It is hoped that different functions and features can be differentiated from others. This is the most primitive power. Back to AI, mobile phone manufacturers or mobile phone chip manufacturers, they want to do their own AI processor architecture, and this is also related to They want to enhance their product differentiation and market competitiveness. They want to keep their core competencies in their own hands. There are also business considerations. For some big manufacturers, if they use other people's things, they are so Under the circumstances, huge R&D investment and other related costs are bound to be amortized.
However, the development of the ICT industry has always found a balance between a highly vertical integration and open resource integration. In the past, people have seen more and more, all-encompassing corporate groups, and also saw many old companies continue to split Numerous new professional companies, while also seeing that many semiconductor companies abandon their own technological structures and adopt more competitive, more competitive technology architectures in the market, so for mobile phone manufacturers and other system manufacturers, and their groups Internal or external departments or companies that provide key chips for them, adopting the best underlying technology and IP in the market are always an option or a chance to go beyond.
News: Last year, you were out of the Apple supply chain. Where are your other customers outside the mobile phone company?
Liu Guojun: Mobile phone chip manufacturers or mobile phone manufacturers are our target customers or core customers. Our products have a wide range of applications, in addition to mobile phone chips, such as automatic driving, drones, video surveillance, digital TV, virtual reality / augmented reality (AR/VR) and other fields have customers using our products.
News: What kind of capabilities do silicon companies need to have resources to design artificial intelligence chips and succeed in the market?
Liu Guojun: Artificial intelligence is a broad field. Besides Imagination, there are many different companies, institutions and organizations involved. The goal of artificial intelligence is to make our world more intelligent, and there are many different assistive technologies that can To implement artificial intelligence, one of the important technologies is machine learning, especially deep neural networks. This technology enables computers to learn and then apply this knowledge to a given application for further processing, or push the system to the next step. The operation or application.
Dedicated artificial intelligence chips are chips optimized, designed and constructed for these AI applications. The current system design pattern is that dedicated AI chips are usually present and complementary to the existing main chip SoC. But with other hardware functions The development model is similar, AI chips and functions will soon be integrated into the main SoC. Currently in the design of the best AI hardware and chips, everyone will soon start a brutal competition after solving the problem. The advantages and disadvantages of the different architectures and methods used in each design will soon become apparent.
With the passage of time and the maturation of this field, many people will be defeated. Only the best integrated companies such as technological structure, product realization, market application and professional services can survive; in other words, we cannot see only the market. During the introduction period, only those companies that can survive in this brutal market can succeed. For chip design companies, choosing a good technology partner is also an important part of their operations, starting from the early days of mobile GPU development. Imagination Technologies has always been at the forefront of this field. We not only have experience and strength, but also have expertise in various applications. We will not only thrive in this environment, but also have sufficient resources to support users of chip design companies. Success. AI chips can provide dozens of times to hundreds of times better performance while maintaining the lowest power consumption and cost. In addition, neural networks have always been very bandwidth consuming, so memory bandwidth requirements will grow with the size of neural network models. Increase and increase, this will be for SoC designers, algorithm personnel and OEM companies Significant challenges meter system. This needs to be done optimally designed from the core architecture to minimize bandwidth requirements of the system.
News: What kind of process has Imagination experienced in China's capital mergers and acquisitions?
Liu Guojun: The semiconductor industry has always been an industry with continuous mergers and acquisitions. Some people call the chips the food of the information society, but for chips such as China, the world's largest chip market, chip-related technologies are controlled by others, so they have been used for at least two decades. , China's semiconductor industry all made great efforts together to develop the domestic semiconductor industry. Now with the growth of China's GDP, our country continues to increase investment in semiconductors, the domestic semiconductor industry has developed rapidly in the past ten years, we There are also many companies that have made achievements in the industry chain, such as chip design, chip manufacturing, and packaging and testing, and also Huawei's manufacturers of system and terminal products have also entered the chip field. Everyone has made great progress, but many of our core Technology is still lagging behind, or that our core technology is basically behind others, or waiting for others to provide.
Now that there are funds, it is natural and rewarding to go overseas to acquire teams and companies with core technologies or special technologies, as well as R&D capabilities. This has also happened in the past few years. However, mergers and acquisitions will encounter obstacles. There are many reasons for this, and the biggest reason is political reasons. The most powerful country for semiconductors is the United States, followed by Europe. This time Kay Bridge's acquisition of Imagination chose to evade our original MIPS CPU IP, MIPS's intellectual property rights. In the United States, so before the merger and acquisition, we first stripped off this part of the business. For the merger and acquisition of the UK business sector, the company management is happy to see it. Due to the changes of Apple, the impact on our business is great, so the company management The layer welcomes mergers and acquisitions from Chinese capital, and China has a large market, so I think this is a very rational idea.
In fact, there are many such companies in the United States, but due to government intervention, political reasons, mergers and acquisitions did not go well.
I think that M&A is a feature of the semiconductor industry. There are various small companies in the industry. At the same time, the entire industry chain needs continuous integration and continuous improvement. Therefore, mergers and acquisitions are normal.
For China’s industries, the core competitiveness still lags behind. On the one hand, we will strengthen our local originality and strengthen R&D and investment. On the other hand, we will also purchase core technologies from abroad through capital methods. This will involve competition between countries, so there are many obstacles encountered.
News: As far as the semiconductor industry is concerned, it seems that all of them can be purchased. What can I do if I can't buy the remaining technology?
Liu Guojun: Arguably, there should be no obstacles to the merger between companies. This is an open world. However, from another perspective, there are competitions between countries, as well as political issues. It is also normal to set up barriers and barriers. At this level, although it is difficult to buy a company again, it does not mean that communication will stop. The cooperation between countries and countries, or the relationship between industries, markets and research and development is intricate and various. The way of cooperation, and therefore the exchange is sure to continue. In addition, I mentioned just now that our country has been constantly strengthening its basic research in R&D for so many years, constantly improving its capabilities, and we are also creating our own things. Being autonomous and controllable, this is no longer just a direction. Many companies have achieved continuous improvement in their R&D capabilities and innovations in various proprietary rights.
News: The basic research of domestic universities does not seem to provide a good support for the industry.
Liu Guojun: I also think that the current basic research in domestic universities is still far from supporting the development of the industry. However, if we go forward, many other issues will be involved. For example, how do we cooperate with universities and scientific research institutions? What should they do? To do, how should the state support it? This is a complicated system project, and this is not a problem that can be solved by a single point of view or a policy. Further discussion will involve our primary and secondary education.
4. Phase I production, Longji shares plans to invest 1.2 billion yuan to build single-crystal silicon wafer two phase project
According to the micro-network news, April 15, Longji announced that according to the strategic development needs, the company signed a tripartite investment agreement with the Chuxiong Qiang Autonomous Prefecture People's Government and Lufeng County People's Government on the same day. On the basis of the above, the newly increased investment and construction of the 10GW single crystal silicon wafer project (hereinafter referred to as the “second phase project”) reached an agreement. The total investment of the second phase project is expected to reach RMB 1.2 billion. It is planned to build from 2018 to 2019.
Previously, on December 2, 2016, Longji Co., Ltd. signed an investment agreement with the People's Government of Yunnan Chuxiong Yi Autonomous Prefecture, and reached an agreement on the company's investment and construction of a 10GW annual output single crystal silicon wafer construction project (hereinafter referred to as 'the first phase project'). Intention, At present, the project has been partially put into production.
With the commencement of production of the first phase of the project, Longji plans to implement the second phase of the project through its wholly-owned subsidiary, Chuxiong Longji. The total investment of the second phase is expected to reach 1.2 billion yuan, of which fixed assets investment is expected to reach 800 million yuan ( The specific amount is subject to the amount approved by the company's internal competent authority.) Chuxiong Longji is mainly responsible for the purchase and installation of equipment.
Longji said that the investment will help provide sufficient production guarantee for the supply of high-efficiency single crystal products. It will also help the company to seize the development opportunities of the single crystal market and further increase the market share of single crystals by leveraging Chuxiong's resource advantages and location advantages. .