Jingrui Electric material plans to raise 241 million yuan to invest in the technical renovation project of semiconductor-level high purity sulfuric acid.

On the evening of January 3, Jingrui Electric announced that the total amount of funds to be raised was 241 million yuan, which will be used for the technical renovation project of semiconductor-grade high-purity sulfuric acid for ultra-large-scale integrated circuits (phase II), replenishment of working capital or repayment of bank loans.

Jingrui said that with the arrival of the era of digital economy, the transformation and upgrading of China's industry, the transfer of the international semiconductor industry to the mainland, and the increase of investment in the semiconductor industry driven by "big funds", the procurement of semiconductor equipment in mainland China continues to rise. At the same time, with the transfer of the electronic information industry to China, the suppression of Chinese science and technology by the United States and the improvement of the supporting industrial chain, import substitution is the trend in the future, and most of the middle and low-end products have achieved import substitution. the company and some other domestic enterprises have made breakthroughs in the import substitution of photoresist and other high-end products, and the trend of import substitution is becoming more and more obvious.

As for the purpose of this issue, Jingrui said bluntly that in the process of rapid economic growth in the past, the wet electronic chemicals industry basically solved the problem of "whether there is any" in the development of the industry. In today's era of high-quality development, the wet electronic chemicals industry needs to make more efforts to solve the problem of "whether it is good or not". At present, the main challenge facing the development of wet electronic chemicals industry in China is that the quality is not high, especially in key technologies, product quality and other aspects there is still a large gap between China and developed countries.

Jingrui Electric takes independent innovation as the first driving force to achieve high-quality development. under the situation of new technology, new products, continuous emergence of new business type and increasingly fierce international economic competition, the company continues to invest in research and development on a large scale. Through independent research and development, we have mastered the production process and key core technologies such as ultra-pure hydrogen peroxide, ultra-pure nitric acid, ultra-pure hydrochloric acid, ultra-pure Anshui, photoresist, developer, stripping solution, etching solution, etc. Among them, ultra-pure wet chemicals have reached the international leading level.

On the other hand, the semiconductor grade hydrogen peroxide SHUI and Anshui products currently produced by Jingrui Electric Materials have reached the international advanced level. In order to increase the variety of semiconductor grade high purity sulfuric acid products, the holding company is realized through the acquisition of shares in Jiangsu Yangheng Chemical Co., Ltd., in cooperation with Mitsubishi Chemical Co., Ltd. Using Mitsubishi Chemical's advanced technology and equipment, Yangheng Chemical's high-quality raw materials and supporting utilities, and the company's experience in producing high-quality electronic chemicals to produce high-quality semiconductor-grade high-purity sulfuric acid instead of imported sulfuric acid, to provide high-quality semiconductor-grade high-purity sulfuric acid to customers at home and abroad, this project is expected to produce greater economic and social benefits and contribute to the development of the national information technology industry.