Core Viewpoint - Guangxin Materials announced that its wholly-owned subsidiary, Jiangxi Guangzhen Photosensitive Materials Co., Ltd., received approval for its fundraising project to produce 50,000 tons of electronic photosensitive materials annually, which includes self-manufactured resin and inner-layer ink [4][5] Group 1: Project Overview - The fundraising project consists of four sub-projects, focusing on PCB photoresist (PCB ink), coatings, and self-manufactured resin [4] - PCB photoresist production is set at 16,000 tons per year, with 9,000 tons of outer-layer ink expected to begin trial production in March 2024 and formal production approval in February 2025 [4] - The inner-layer ink production of 7,000 tons is anticipated to receive trial production approval in April 2025 and formal production approval in December 2025 [4] Group 2: Additional Sub-Projects - Self-manufactured resin production is planned at 12,000 tons per year, with trial production approval expected in April 2025 and formal approval in December 2025 [5] - Coatings production is set at 15,000 tons per year, including 8,000 tons of UV coatings and 2,000 tons of water-based coatings, with fire safety approval already obtained and equipment debugging ongoing [5] - Semiconductor photoresist and supporting reagents production is planned at 7,000 tons per year, with construction work nearly complete and equipment debugging in progress [5] Group 3: Strategic Implications - Upon full production capacity, the project will enhance Guangxin Materials' product offerings in various sectors, including PCB, display, photovoltaic, 3C consumer electronics, automotive, marine engineering, industrial heavy corrosion, functional films, and metal packaging [5] - The expansion is expected to increase production capacity and service coverage, thereby improving the company's market competitiveness and overall strength, aligning with the company's strategic planning and shareholder interests [5]

Core Viewpoint - Guangxin Materials (300537.SZ) has received approval from the Longnan Emergency Management Bureau for its project to produce 50,000 tons of electronic photosensitive materials and supporting materials, which includes 11,300 tons/year of self-made resin and 7,000 tons/year of inner-layer ink [1] Group 1: Project Approval and Implementation - The project involves four sub-projects, with the main focus on PCB photoresist (PCB ink), coatings, and self-made resin [1] - The company will strictly adhere to relevant laws and regulations to ensure safe production [1] Group 2: Sub-Project Progress - PCB photoresist: 9,000 tons/year for outer-layer ink has received trial production approval in March 2024, with formal production approval expected in February 2025 [1] - PCB inner-layer ink: 16,000 tons/year is set to begin trial production in April 2025, with formal production approval anticipated in December 2025 [1] - Self-made resin: 12,000 tons/year is also expected to start trial production in April 2025, with formal production approval in December 2025 [1] - UV coatings (8,000 tons/year) and water-based coatings (2,000 tons/year) are currently in equipment debugging, with trial production application expected in the first half of 2026 [1] - Display semiconductor photoresist (2,000 tons/year) and supporting reagents (5,000 tons/year) are in the construction phase, with trial production application also expected in the first half of 2026 [1]