Yuanjie Semiconductor Technology Plans $4.268 Billion Industrial Park to Boost High-End Laser Chip Production

Stock News08-11

Yuanjie Semiconductor Technology Co., Ltd (SH: 688498) announced a significant strategic investment, planning to construct a semiconductor technology industrial park in the Shaanxi Province New Area. The total investment for the project, tentatively named the Yuanjie Semiconductor Technology Industrial Park, is approximately 4.268 billion yuan (including land transfer fees).

The company intends to acquire a land parcel located in the Shaanxi New Area, which will be designated for industrial use with a tenure of 50 years. The plot covers approximately 126 mu (about 8.4 hectares). This investment is aimed at optimizing the company's production capacity layout and manufacturing processes, thereby enhancing its overall supply capability in the high-end laser chip sector.

Upon completion, the project will help the company capitalize on market growth opportunities, meet the increasing product demands from customers in areas such as data center construction, and improve the stability and responsiveness of order fulfillment.

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