Yunnan Germanium(SZ:002428) Zheng Quan Shi Bao Wang·2025-11-06 15:11Core Viewpoint - Yunnan Zhenye plans to establish Hubei Xinyao Semiconductor Materials Technology Co., Ltd. with a total investment of 500 million yuan, focusing on the construction of a high-quality gallium arsenide wafer production line and related facilities [1][3]. Group 1: Project Overview - The project involves relocating the existing gallium arsenide wafer production line to a new facility in Huanggang, Hubei Province, with a planned annual production capacity of 700,000 six-inch high-quality gallium arsenide wafers and 30,000 sets of semiconductor-grade quartz tubes [1][3]. - The total investment for the project is 272 million yuan, with a construction period of 18 months [1][3]. Group 2: Financial Contributions - Yunnan Zhenye will contribute 32.406 million yuan in the form of machinery and equipment, corresponding to 378 existing machines from the gallium arsenide production line [1]. - Additionally, Yunnan Zhenye will invest 12.594 million yuan in cash, while Liu Guangzheng will contribute 5 million yuan in cash, resulting in respective shareholdings of 90% and 10% in Hubei Xinyao [1]. Group 3: Market Context and Strategic Rationale - The relocation is driven by the current underutilization of production capacity, with Yunnan Zhenye aiming to increase gallium arsenide wafer production from 87,500 pieces in 2024 to 200,000 pieces in 2025 [3]. - The project aligns with the growing demand for gallium arsenide, a key material in the semiconductor industry, particularly for RF devices and optoelectronic devices [3]. - Hubei Province is focusing on developing its optoelectronic information industry, which has reached a scale of 756.6 billion yuan in 2024, indicating a favorable environment for Yunnan Zhenye's investment [4].