The commencement ceremony of a 6 billion yuan chip substrate material project by Zhongke Northern Investment Development Co was held at the Anshan High-tech Industrial Development Zone of Liaoning province, on August 29.
Earlier, its Anshan project headquarters and subsidiary Liaoning Kexing Semiconductor Co had settled in the zone.
The project is the largest and most innovative of its kind to enter the development zone for two decades, and marks the start of Zhongke Northern’s overall presence in Anshan.
Zhongke Northern Investment Development Co is devoted to propelling the revitalization and economic development of northeast China, and has been vigorously implementing its development strategy of "technology-led and various industries developing synchronously". It has mapped out an overall layout in science, platform, intelligent manufacturing, finance, and trade, with its scale expanding and strength growing quickly in recent years.
The chip substrate material project in Anshan is expected to produce 1 million pieces of the 12-inch chip substrate material (SOI) per year and realize annual sales revenue of 6 billion yuan. Construction of the project will be divided into two phases.
Besides chip substrate material, Zhongke Northern Investment Development Co and its subsidiary are also expanding their business in academician workstations, methanol to ethanol projects, bioscience, biopharmacies, cultural and health care tourism, as well as fund and financial services. Relying on the scientific research strength of the Chinese Academy of Sciences, the company is striving to forge top-quality tech-led projects in Anshan.