Dinglong Shares: Agree with the subsidiary to increase capital and expand shares to invest in the KrF/ArF photoresist industrialization project
Dinglong Co., Ltd. issued an announcement stating that the company reviewed and approved the "About the Implementation of Capital Increase and Share Expansion of Wholly-Owned Subsidiaries and Joint Investment and Construction of an Annual Production of 300 Tons of KrF/ArF Photoresist with the Employee Stock Ownership Platform" "Industrialization Project Proposal", which agreed that the company would increase the capital of its wholly-owned subsidiary Dinglong (Qianjiang) New Materials Co., Ltd. and introduce two employee stock ownership platforms and a new investor to jointly invest in the construction of annual production capacity through capital increase and share expansion. 300 tons KrF/ArF photoresist industrialization project.
The implementation location of this project is No. 1, Changfei Avenue, Jianghan Salt Chemical Industrial Park, Qianjiang City, Hubei Province; the implementation entity is Dinglong (Qianjiang) New Materials Co., Ltd.; the construction content includes: new main production plant, power center, central control room, The building area of warehouses and tank farms is 16,620.94 square meters, and more than 520 units (sets) of instruments and equipment such as reactors, mixing kettles, liquid storage tanks, centrifuges, and mass spectrometers have been purchased, and supporting safety and environmental protection facilities have been constructed. The estimated total investment of this project is 803.953 million yuan; the project is expected to be completed in the fourth quarter of next year.