Core Viewpoint - The company, Zhongwei, has officially commenced the construction of its South China headquarters R&D and production base, which is expected to enhance its capabilities in the semiconductor and related industries [2] Group 1: Project Details - The overall planning of the South China headquarters R&D and production base covers approximately 130 acres, with the first phase of construction occupying about 50 acres [2] - The project is anticipated to be completed by the end of 2026, with production planned to start in 2027 [2] - The base will focus on R&D and production in the large flat panel display equipment sector, with plans to expand into smart glass and board-level packaging technologies [2] Group 2: Strategic Importance - The establishment of the Guangzhou R&D and production base is part of Zhongwei's strategy to enhance product R&D and advanced manufacturing capabilities [2] - The company aims to solidify its leading position in the global high-end semiconductor equipment sector [2] - Zhongwei's chairman, Yin Zhiyao, emphasized that the digital industry is a key driver of modern industrial and economic development, with integrated circuits and micro-devices being central to this industry [2] Group 3: Future Plans - Currently, Zhongwei's equipment covers 25% to 30% of the high-end semiconductor equipment market, with plans to increase this coverage to 50% to 60% over the next five to ten years [2] - The company aims to evolve into a platform-type group company through organic growth and external expansion [2] - The launch of the Guangzhou R&D and production base is a significant step in advancing Zhongwei's "three-dimensional development" strategy, laying a solid foundation for diversified layout and high-quality development [2]