Jingrui Electric Materials: Plans to invest 600 million yuan to build a comprehensive base for key materials supporting the integrated circuit manufacturing industry chain in western regions.

Jingrui Electric Materials announced that the company has signed an investment agreement with the Pengshan District People's Government of Meishan City, Sichuan, planning to invest in and build a comprehensive base for key materials in the integrated circuit manufacturing industry chain in the Pengshan Economic Development Zone of western China. The project mainly includes an annual production of 200,000 tons of ultra-high-purity electronic grade and industrial high-purity sulfuric acid project, an annual production of 220,000 tons of steam project, an annual production of 30,000 tons of ultra-pure electronic grade hydrogen peroxide and other integrated circuit electronic materials projects, as well as a project for recycling and reuse of waste acid in the integrated circuit industry. The total investment of the project is 600 million yuan, with an expected annual output value of about 600 million yuan and annual tax payment of about 30 million yuan. The project construction period is to start by the end of June 2026, and to be completed and put into operation within 18 months.