Youken New Materials (600206.SH) plans to implement the second phase expansion project for high-purity sputtering targets for integrated circuits for 486 million yuan

Zhitong Finance App News, Youyan New Materials (600206.SH) issued an announcement. Driven by the recovery and expansion of the global semiconductor industry, demand for semiconductor targets continues to grow. The production capacity of copper and tantalum targets at the company's current Texas base is close to saturation. It is expected that there will be a clear capacity gap, which will not be able to meet the order needs of leading domestic and foreign customers. To this end, the company plans to launch the “Phase II Expansion Project for High Purity Sputtering Targets for Integrated Circuits” to further optimize the product structure and add a production capacity of 30,000 blocks/year for high-purity copper targets, tantalum targets, and titanium targets to achieve large-scale mass production of high-end targets, increase the localization rate of key materials, and help the company build a world-class target company.

The total investment of the project is 486 million yuan, and construction is scheduled to begin in September 2026; it will be officially put into operation in September 2027 to release production capacity; and the investment will be completed in December 2028.

The implementation of this production expansion project will increase the company's production capacity of high-purity copper and copper alloys, high-purity tantalum, and high-purity titanium targets by 30,000 units/year, increase the localization rate of high-end sputtering targets in China, overcome bottlenecks in advanced process target preparation technology below 7nm, fill gaps in domestic high-end products, and is of great strategic significance in building a security barrier in China's semiconductor industry chain supply chain.