A total investment of 5 billion! Mulinsen's other semiconductor packaging production project started

Recently, Mulinsen (hereinafter referred to as "the company") issued an announcement. The company and the Jinggangshan Economic and Technological Development Zone Management Committee signed a "Cooperation Framework Agreement for the Fourth Phase of the Mu Linsen High-tech Industrial Park" through friendly consultation.

In the morning of this morning, Mulinsen announced that the company’s 25th meeting of the third board of directors held on June 4, 2018 passed the “Proposal on Signing the Cooperation Agreement for the Fourth Phase of Mulinsen High-Tech Industrial Park”, agreeing The company signed the “Project for the Fourth Phase of Mulinsen High-tech Industrial Park” with the Management Committee of Jinggangshan Economic and Technological Development Zone of Ji'an City, Jiangxi Province, and plans to invest a total of not more than RMB 5 billion in the construction of semiconductor packaging production projects in Jinggangshan Economic and Technological Development Zone. The cooperation agreement will be submitted to the general meeting of shareholders for consideration and approval.

According to the announcement, the two parties signed a cooperation agreement on June 4, 2018 in Jinggangshan Economic and Technological Development Zone, Ji'an City, Jiangxi Province. The company's investment projects in Jinggangshan Economic and Technological Development Zone have basically reached the schedule of the first, second and third phases; the fourth phase of the semiconductor packaging production project is now launched: the project is mainly engaged in semiconductor packaging, research and development, production and sales; The total investment of the project is 5 billion yuan (including equipment, land and plant investment).

It is reported that in March last year, the company and the Jinggangshan Economic Development Zone signed the "Mu Linsen CCL production project cooperation framework agreement", the project plans a total investment of 3 billion yuan (including equipment, land, plant investment), mainly engaged in circuit board CCL R & D, production, sales work.

Mulinsen said that China's LED industry is growing at a high speed, initially forming a relatively complete R&D and industrial system, and the overall scale of the industry continues to grow. In order to seize the development opportunity, the company signed a cooperation agreement with the Jinggangshan Economic and Technological Development Zone Management Committee to realize the diversification and complementary business of the company's products, extend the industrial chain, and increase the company's profit points and profits. This cooperation is in line with the company's industrial layout and development strategy, which can further enhance the company's sustainable competitiveness and play a major role in promoting the company's long-term stable development.

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