Sinophorus`s Phase II Project for Electronic Grade Sulfuric Acid was officially completed and put into production on February 28, which marked that Sinophorus fully mastered the core technology of high-end electronic grade sulfuric acid production and achieved breakthroughs in solving key electronic chemical technical problems in the chip manufacturing process. It is expected that the product quality will reach the SEMI-C12 level by the end of March, and the production capacity will reach 20,000 tons. The production capacity will reach 40,000 tons at the end of 2021, 60,000 tons at the end of 2022, and 100,000 tons at the end of 2023.