Spend 1 billion yuan! China Canzi company intends to expand production capacity to build the world's largest sapphire substrate industry

25 evening, HC semitek released a wholly owned subsidiary of Hongta district and Yuxi municipal government signed an investment framework agreement announcement.

According to the announcement, a wholly owned subsidiary of Yunnan Huacan Photoelectric Technology Co., Ltd. (hereinafter referred to as "Aquamarine Aquamarine technology") and Hongta District of Yuxi City People's government will add an annual output of 35 million pieces of LED technology langene substrate expansion project signed "Yunnan langene Technology Co., add an annual output of 35 million pieces of LED substrate expansion project framework agreement". The completion of the project is expected to become one of the production technology of aquamarine sapphire substrate of the largest global capacity.

It is understood that the project is expected to total investment of 1 billion yuan, the project site for the intention of aquamarine technology of its own land, the land area of about 75 acres, the construction period of 16 months, plans to start construction in September 2017, the new annual output of 35 million LED substrates.

The company said, the normal implementation of the expansion project will help the company's business, is conducive to further expand the company's scale and cost advantages, enhance the core competitiveness of the industry and the company's influence on the company after the annual performance have a positive impact.

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