Qi Zhong Technology: Subsidiary Suzhou Qi Zhong is expected to resume production in July.

date
03/02/2026
Qizhong Technology Announcement: On January 24th, a fire accident occurred in the bump processing section of Qizhong's subsidiary factory in Suzhou. The company has started repairing production equipment with the equipment supplier, and will prioritize the cleaning and refurbishment of the dust-free workshop. After passing the fire inspection, this phase is expected to take about 2-3 months. Once the dust-free workshop passes the fire inspection, the company will organize the equipment to enter and begin equipment installation and commissioning, which is expected to take 2 months. Considering the above-mentioned production recovery schedule, the bump manufacturing line in Suzhou Qizhong is expected to resume production in July. During the transition period before the bump manufacturing line resumes production, the company plans to move some production equipment to Hefei in order to quickly increase production capacity there. It is expected that with full capacity in February, the Hefei factory will be able to meet the current customer orders. At the same time, the company's customers are actively cooperating to verify the products after the transfer of orders. It is expected that by the end of February, most of the customers' orders can be taken over by the Hefei factory.