According to the company's strategic development plan, in order to actively develop the semiconductor industry and invest in the construction of high-end semiconductor industrial park projects, the company plans to establish Haike, a subsidiary of the Microelectronics Institute of the Chinese Academy of Sciences, Beijing Zhongke Micro Investment Management Co., Ltd. (hereinafter referred to as 'Zhongke Microproject' ' ), Tianjin Binhai High-tech Industrial Development Zone Tanggu Marine High-Tech Development Corporation (hereinafter referred to as 'Ocean High-tech') co-invested in the establishment of Tianjin Zhongke Huanhai Industrial Park Co., Ltd. (hereinafter referred to as 'Zhongke Huanhai Industrial Park'), Responsible for park operation management, power, property support and park investment, industry incubation, etc.
The company stated that all parties in this cooperation will jointly invest in the establishment of Zhong Ke Huan Hai Industrial Park in Tanggu Ocean Hi-tech Development Zone, focusing on the advantages of Zhonghuan’s stock industry and the technological advantages and patent layout of the Chinese Academy of Sciences’ microelectronics institute to give full play to Haike’s construction of the park. With its operational experience, we will jointly develop emerging compound semiconductors for 5G communications and microwave millimeter-wave communications in the high-end telecommunications sector. This investment will be invested in the establishment of a high-end semiconductor industry technology R&D manufacturing platform to introduce and cultivate high-end semiconductor industries. Professional semiconductor technical personnel, to build high-end semiconductor industrial highland, research and development of highland, talent gathered highland. The investment in the construction of China Science and Technology Industrial Park, the future will invest in the construction of diamond industry in the industrial park diamond wire cutting solar single crystal silicon new generation Smart factories, power semiconductor device factories, high-speed chip factories and other projects form industrial clustering effects, creating an industrial park integrating single crystal silicon wafer manufacturing, intelligent equipment, and new material R&D and production.