Qiaoyuan Co., Ltd. (301286.SZ) plans to invest 3.158 billion yuan to build a high-purity fluorine series electronic specialty gas project to go deep into the semiconductor industry chain

According to Zhitong Finance App, Qiaoyuan Co., Ltd. (301286.SZ) announced that the company plans to sign an “Investment Promotion Agreement” with the Yantan District People's Government of Zigong City to invest in the construction of the “Qiaoyuan Co., Ltd. High-purity Fluorine Series Electronic Specialty Gas and Supporting Materials Integrated Project” in the Chuannan New Material and Chemical Park in Zigong, Sichuan Province. The implementing entity is a wholly-owned subsidiary that the company plans to establish, and the total planned investment amount of the project is estimated at 3.158 billion yuan.

According to reports, the project is divided into three phases, with the first phase of construction: 600t/a tungsten hexafluoride plant, 200t/a with supporting air separation devices, etc.; Phase II construction content: 1200t/a tungsten hexafluoride plant, 200t/a hexafluorobutadiene unit; phase III construction content: 1800t/a tungsten hexafluoride plant, 400t/a hexafluorobutadiene plant, and 6000t/a nitrogen trifluoride. Construction of the first phase of the project began within 6 months from the date the land delivery confirmation was signed, and completed and put into operation within 18 months from the date of commencement of construction. The investment amount of the first phase plan is estimated to be about 669 million yuan; depending on the operation of the first phase of the project, the company and the project implementing entity will decide on their own construction and investment arrangements.

The proposed investment in the construction of this project is the company's layout based on the electronic special gas development strategy. The project landed in the Chuannan New Materials and Chemical Park in Zigong. Relying on the advantages of the new fluorosilicon materials industry cluster, the project helps the company improve the fluorine-containing high-purity electronic specialty gas product matrix, penetrate deeper into the semiconductor industry chain, enhance its scale advantage, increase market share, consolidate the company's market position in the specialty gas industry, and further enhance the company's sustainable profitability.