Shenzhen Sunxing Light Alloys Materials (603978.SH) announced that the company's main business is metal materials processing and high-end fine chemical materials production...
According to a report from智通财经APP, Shenzhen Sunxing Light Alloys Materials (603978.SH) announced that the company's main business includes metal materials processing and the production of high-end fine chemical materials, with products mainly applied in the military industry, aerospace, and the manufacturing of aluminum materials for autos, as well as all types of lithium batteries and semiconductor materials. Zhejiang Hongxin New Materials Co., Ltd. (referred to as 'Hongxin Semiconductor' or 'joint venture partner') is a national-level high-tech enterprise focused on the processing and production of semiconductor, photovoltaic material quartz components, and ceramic material components, with its products mainly used in the semiconductor equipment, photovoltaic equipment, and other industries.
After in-depth research and technical exchanges between both parties, it was unanimously agreed that ceramic semiconductor component materials will be a development trend in the future. Based on the company's accumulated production technical experience and foundation in ceramic materials (alpha spherical alumina), and Hongxin Semiconductor's rich experience in the application of ceramic materials, both parties intend to collaborate to replace imported high stock price ceramic materials (alpha spherical alumina) and achieve large-scale production and application of ceramic materials. Recently, the company signed an 'Investment Agreement' with Hongxin Semiconductor, agreeing to invest in establishing a joint venture company, Ganzhou Purui Ceramic Semiconductor Materials Co., Ltd. (tentative name, subject to final registration information), with a registered capital of 10 million yuan, where the company will contribute 7 million yuan in cash and physical assets to hold 70% of the shares; Hongxin Semiconductor will contribute 3 million yuan in cash to hold 30% of the shares.
