Powerchip Semiconductor and Jingwang Optoelectronics Chip Project Started

On the morning of May 22, Xuzhou Economic and Technological Development Zone held a groundbreaking ceremony for the commencement of the power crystal semiconductor industrial park and Jingwang Optoelectronics LED chip project. Provincial Party Secretary Liang Baohua and Governor Luo Zhijun sent congratulatory letters to congratulate the start of the project. Vice Governor Zhang Weiguo, Chairman of Taiwan Power Crystal Group Huang Chongren, Deputy Director of the Provincial Department of Commerce Zhao Jin, city leaders Cao Xinping, Zhang Jinghua, Chen Meida, Liu Zhongda, Zhuang Huaping, Qin Jingan, Xia Wenda attended the groundbreaking ceremony.

Liang Baohua said in his congratulatory letter that Xinwen Lijing Semiconductor and Jingwang Optoelectronics Wafer Project started construction in Xuzhou, and I would like to extend my warmest congratulations! The construction of this project is another important achievement of the cooperation between Jiangsu and Taiwan to accelerate the revitalization of Xuzhou Old Industrial Base. And the development of our province's optoelectronic industry will play an important role, the province and Xuzhou will continue to give strong support. I sincerely hope that the Group and Xuzhou will cooperate sincerely to ensure that this important project will be completed and put into production on schedule, and achieve good and fast development!

Luo Zhijun said in the congratulatory letter that the decision of the Lijing Group to use Xuzhou as the base to develop the R&D, manufacturing and sales in the mainland is far-sighted. Jiangsu Province attaches great importance to and fully supports Lijing Group to settle in Xuzhou. I will instruct all relevant departments of the province and Xuzhou City to actively assist and cooperate with the Group company with first-class service measures and first-class work efficiency to ensure the smooth progress of the project. Put into production and achieve results.

Powerchip Semiconductor Industrial Park and Jingwang Optoelectronics LED Wafer Project are major high-tech industrial projects successfully introduced by the city in recent years. They are the major investment results of the “Taiwan Jiangsu Week” and the promotion of Xuzhou Economic Development Zone to national economic technology. The first major project start-up ceremony was held after the development zone. The total planned investment of the project is 4.2 billion US dollars, and the first phase plans to invest 1 billion US dollars. As one of the world's four major dram memory manufacturers, Powerchip Group has advanced technology research and development level, strong capital strength and good market development capabilities. This time, we will invest in building LED wafer and wafer projects in our city, which will further improve Xuzhou. The photovoltaic photovoltaic industry chain, to enlarge and strengthen the new energy industry, is of great significance to promoting the city's industrial optimization and upgrading, transforming the development mode, and accelerating the revitalization of the old industrial base.

In his speech, Zhang Weiguo said that the power crystal project was settled in Xuzhou. This is a strategically important decision, and it must be a mutually beneficial and win-win cooperation. It is hoped that Xuzhou will put the project in a prominent position and go all out to do a good job in industrial support and various services. Relevant departments and units in the province should actively care and support, and provide first-class services for the project to be put into production as soon as possible.

Cao Xinping requested that the whole city should take the start of the project as an opportunity to vigorously implement the high-tech industry leap-forward development action plan, accelerate the transformation of the industrial level from low to high, and change the economic aggregate from small to large. All relevant departments of the city shall provide all-round services for the construction of the Lijing project, and achieve the green light and zero obstacles.

The Economic Affairs Bureau of the Taiwan Affairs Office of the State Council also congratulated the opening of the project.

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