Core Viewpoint - Wuhan Jingce Electronic Group Co., Ltd. (referred to as "Jingce Electronics") announced the approval of an investment project by its subsidiary Shanghai Jingce Semiconductor Technology Co., Ltd. to build a second-phase laboratory expansion project, with a total planned investment of approximately RMB 350 million [1]. Group 1 - The project is located in the Qingpu District of Shanghai, covering an area of approximately 26.8 acres, with a total construction area of about 37,890 square meters, including a cleanroom of approximately 17,000 square meters and an office laboratory area of 6,000 square meters [4]. - The budget of RMB 350 million includes approximately RMB 63 million for land use rights and about RMB 287 million for engineering investment, focusing on the research and production of semiconductor front-end measurement equipment [5]. - This investment aims to enhance the company's product structure, alleviate resource constraints on existing production lines, and accelerate order delivery to better meet customer supply needs, thereby strengthening the company's core competitiveness [5]. Group 2 - Jingce Electronics, established in 2006 and headquartered in Wuhan, has developed a business layout covering three core sectors: display, semiconductor, and new energy [5]. - The company has integrated core technology platforms in "optics, mechanics, electricity, computing, and software," and has gradually expanded into semiconductor front-end measurement and new energy lithium battery testing [5]. - In terms of performance, Jingce Electronics achieved an operating income of approximately RMB 2.271 billion in the first three quarters of 2025, a year-on-year increase of 24.04%, and a net profit attributable to shareholders of approximately RMB 100 million, up 21.7% year-on-year [6]. Group 3 - In the third quarter alone, the company reported revenue of RMB 890 million, a year-on-year increase of 25.37%, and a net profit of RMB 72.42 million, with a significant year-on-year growth of 123.44% [6]. - The rapid growth of the semiconductor business and the steady recovery of the display business are key drivers of Jingce Electronics' performance [6]. - The launch of the second-phase laboratory project signifies a deeper layout in the semiconductor front-end detection field, with expectations for increased market share in the domestic high-end semiconductor equipment replacement process as new capacity is gradually released [6].