21
2016
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07
Dinglong Shares’ CMP project is about to begin pilot production.
Dinglong Shares (23.42, -0.47, -1.97%) (300054): The CMP project is currently undergoing equipment installation and commissioning and will soon begin pilot production. Building on its initial investment of 100 million yuan last March in the production of CMP polishing materials and other semiconductor materials, the company further increased its investment by 116 million yuan in February of this year to launch Phase II of the project, firmly reinforcing its strategic positioning in the semiconductor materials sector. Once the project reaches full capacity, CMP polishing pad production capacity will reach 500,000 units, generating an additional annual sales revenue of 1 billion yuan and after-tax profits of 350 million yuan. Following the project’s commissioning, the company will initiate evaluation and testing activities with downstream customers. If these efforts proceed smoothly, the company plans to continue expanding production.
Dinglong Shares (23.42, -0.47, -1.97%) (300054): The CMP project is currently undergoing equipment installation and commissioning and will soon begin pilot production. Building on its investment of 100 million yuan last March in the production of CMP polishing materials and other semiconductor materials, the company further increased its investment by 116 million yuan in February of this year to launch Phase II of the project, firmly committing to expanding its presence in the semiconductor materials sector. Once the project reaches full capacity, CMP polishing pad production capacity will reach 500,000 units, generating an additional annual sales revenue of 1 billion yuan and after-tax profits of 350 million yuan. Following the project’s commissioning, the company will initiate evaluation and testing with downstream customers. If progress goes smoothly, the company will continue to expand production scale and achieve import substitution for CMP polishing pads.
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