Group 1 - The company plans to invest approximately 480 million yuan to construct a 40,000 tons/year electronic-grade phosphoric acid project to meet the growing market demand and strengthen its competitive advantage in the electronic chemicals industry [1] - The project has been approved by the company's board and will be located in the Yichang New Materials Industrial Park, with construction scheduled to start on December 15, 2025, and a construction period of 13 months [1] - Electronic-grade phosphoric acid is a key material in semiconductor manufacturing, primarily used in the etching process for wafer production, and its market demand is expected to rise significantly due to advancements in global semiconductor technology [1] Group 2 - The investment decision is based on the company's long-term development strategy, with a clear market positioning and feasibility for the project, aimed at enhancing profitability and overall competitiveness [2] - The company is a leading player in the domestic electronic-grade phosphoric acid market, with market shares of 39.25%, 55.79%, and 69.69% from 2021 to 2023, and is expected to maintain an upward trend in 2024 [2] - The company has successfully entered the supply chains of renowned integrated circuit companies such as TSMC, SK Hynix, SMIC, Yangtze Memory Technologies, Hua Hong Group, and GlobalFoundries, achieving bulk supply [2]
兴福电子拟投资4.8亿元投建4万吨/年电子级磷酸项目 加码半导体材料布局