Tangshan Jingyuan Yufeng Electronics Co., Ltd. held the 13th meeting of the 4th Board of Directors on March 13, 2012, and reviewed and approved the “Proposal on Increasing Investment in the First Phase Project of Sapphire Wafer Industrialization of LED Substrate Materialsâ€. On the basis of the original project investment, an additional investment of 35 million yuan. Project construction is expected to be completed by the end of 2012.
The capital increase is mainly used to introduce Russian sapphire single crystal production technology and supporting equipment, to build a 10" sapphire single crystal pilot production line, and to build a new workshop workshop of 10,000 square meters and water, electricity and other supporting facilities. Among them: the introduction of technology costs 5 million yuan, The plant construction and purification and renovation project costs 21 million yuan, and the supporting equipment and facilities are 9 million yuan.
It is understood that the company held the seventh meeting of the fourth board of directors on August 9, 2011, and reviewed and approved the “Proposal on Investing 79 Million Yuan to Build Sapphire Chip Industrialization Phase I Project of LED Substrate Materialsâ€. It is agreed that the company will invest 79 million yuan to build the first phase project of LED substrate sapphire wafer with its own funds. It is expected to form an annual production capacity of 1.2 million pieces of 2"-4" sapphire wafers after production.
As of the end of February 2012, the project has completed an investment of 53.485 million yuan, basically completing the selection and introduction of 120,000 pieces of 2" substrate wafer production line per month. It is expected to complete the commissioning in March. The company has also established long-term technical cooperation with Hebei University of Technology. Relationship, the two sides jointly set up a joint laboratory for crystal research, with the goal of digesting and absorbing imported technology and subsequent research and development of single crystal technology. In addition, the company has introduced Russian 10" sapphire single crystal technology and trial production equipment, and has signed a contract, which is expected to start in May this year. Introduced technical training and equipment installation trial production.
The capital increase is mainly used to introduce Russian sapphire single crystal production technology and supporting equipment, to build a 10" sapphire single crystal pilot production line, and to build a new workshop workshop of 10,000 square meters and water, electricity and other supporting facilities. Among them: the introduction of technology costs 5 million yuan, The plant construction and purification and renovation project costs 21 million yuan, and the supporting equipment and facilities are 9 million yuan.
It is understood that the company held the seventh meeting of the fourth board of directors on August 9, 2011, and reviewed and approved the “Proposal on Investing 79 Million Yuan to Build Sapphire Chip Industrialization Phase I Project of LED Substrate Materialsâ€. It is agreed that the company will invest 79 million yuan to build the first phase project of LED substrate sapphire wafer with its own funds. It is expected to form an annual production capacity of 1.2 million pieces of 2"-4" sapphire wafers after production.
As of the end of February 2012, the project has completed an investment of 53.485 million yuan, basically completing the selection and introduction of 120,000 pieces of 2" substrate wafer production line per month. It is expected to complete the commissioning in March. The company has also established long-term technical cooperation with Hebei University of Technology. Relationship, the two sides jointly set up a joint laboratory for crystal research, with the goal of digesting and absorbing imported technology and subsequent research and development of single crystal technology. In addition, the company has introduced Russian 10" sapphire single crystal technology and trial production equipment, and has signed a contract, which is expected to start in May this year. Introduced technical training and equipment installation trial production.
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