On November 22, 2019, the completion and production ceremony of the large silicon wafer project of Hangzhou Zhongxin Wafer Semiconductor Co., Ltd. was held at Zhongxin Wafer Semiconductor Co., Ltd. in Qiantang New District, Hangzhou. This move marks the official completion of the construction of Hangzhou Zhongxin Wafer Semiconductor Co., Ltd., which took one year and eight months, and the formal mass production of 8-inch large silicon wafers. The 12 inch large silicon wafer production line has entered the debugging and trial production stage.

    The completion ceremony marks the successful opening of China's first truly mass-produced semiconductor silicon wafer production factory with the largest scale, most mature technology, and independent core technology. It also lays the foundation for the mass production of 8-inch and 12 inch semiconductor silicon wafers with a monthly output of 350000 wafers next year. As is well known, the supply of large-sized silicon wafers, especially 12 inch semiconductor wafers, in China is controlled by foreign companies and the market is highly monopolized. The completion and operation of the large silicon wafer project by Hangzhou Zhongxin Wafer Semiconductor Co., Ltd. will change the current situation where domestic semiconductor large silicon wafers are completely dependent on foreign countries, effectively filling the industry gap in domestic semiconductor large silicon wafer supply.

    Hangzhou Zhongxin Wafer Semiconductor Co., Ltd. will complete the equipment installation and debugging, process debugging, quality certification and other processes of the 12 inch production line in the coming months. By the end of this year, it will produce high-quality 12 inch semiconductor large silicon wafers and enter mass production at the beginning of next year. After the 12 inch semiconductor silicon wafer production line is put into operation, the monthly production capacity can reach 30000 pieces, and the expansion of the 200000 piece production line will be launched in a timely manner, which will greatly alleviate the shortage of semiconductor large silicon wafer supply in China.

    At present, Hangzhou Zhongxin Wafer is making every effort to seize the opportunity, leverage Ferrotec's years of advanced management experience, further increase investment in the research and development of semiconductor integrated circuit materials, firmly grasp the core technology of semiconductor large silicon wafer production, and accelerate the progress of domestic production of semiconductor materials. We plan to hold a grand ceremony for the comprehensive production of semiconductor large silicon wafers at Hangzhou Zhongxin Wafer Semiconductor Co., Ltd. in Qiantang New Area, Hangzhou on November 22nd. At that time, well-known domestic and foreign semiconductor industry entrepreneurs, domestic semiconductor industry experts and scholars, as well as leaders of relevant national and provincial departments will be invited to attend our completion and production ceremony.

    At the celebration ceremony, big names gathered, including Dr. Zhang Rujing, Dr. Zhao Haijun, Dr. Yin Zhiyao, and others who delivered speeches successively, expressing admiration and learning from Chairman He Xianhan's entrepreneurial spirit. We believe that under the leadership of these practical people, China's semiconductor industry will keep up with the pace of the world and occupy a place in future technological competition. In order to better promote the Qiantang New Area in Hangzhou, further demonstrate the determination of Zhongxin Wafer and Hangzhou Dajiangdong Industrial Agglomeration Zone to jointly build China's largest semiconductor large-size silicon wafer production base, and contribute to the development of China's semiconductor industry, we are willing to work together with relevant departments such as the government and industry associations to effectively strengthen the semiconductor large-size silicon wafer project, and jointly promote the semiconductor large-size silicon wafer project to make greater contributions to the development of the country's integrated circuit industry.