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    Home > Chemicals Industry > China Chemical > Raised 570 million!

    Raised 570 million!

    • Last Update: 2023-02-09
    • Source: Internet
    • Author: User
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    On July 15, Jiangsu Guangxin Photosensitive New Materials Co.
    , Ltd.
    issued the "Share Prospectus".
    The total amount of funds raised does not exceed RMB 570 million, which will be used for "annual production of 50,000 tons of electronic photosensitive materials and supporting materials projects"
    .

    Main use of raised funds



    In addition to optimizing the original ink and coating business, the "annual output of 50,000 tons of electronic photosensitive materials and supporting materials project" raised and constructed this time will actively enter the photoresist field.
    The main goal is to realize integrated circuit photoresist and flat panel display.
    R&D and industrialization of photoresist, photoresist thinner, edge glue cleaner, etching solution, positive photoresist developer, positive photoresist stripper and CMP polishing solution and other related products and supporting materials
    .
    The foundation stone for the project will be laid in July 2021
    .

    The annual production capacity of the planned products of the fundraising project after reaching production are: 7,000 tons/year of photoresist and supporting materials, 12,000 tons/year of self-made resin, 16,000 tons/year of PCB ink, 10,000 tons/year of paint and coating supporting materials.
    5000 tons/year, the project construction period is 2 years
    .



    Jiangsu Guangxin Photosensitive New Materials Co.
    , Ltd.

    Guangxin Photosensitive New Material Co.
    , Ltd.
    was established in 2006.
    It is a professional manufacturer of PCB photosensitive ink and UV-curable coatings in China.
    As of the first quarter of 2022, the company's special ink production capacity is 8,000 tons/year and special coatings 5,350 tons/year
    .

    Guangxin New Materials said: The photoresist for TFT-LCD (1800 tons/year) and photoresist for integrated circuits (200 tons/year) mainly put into production in this fundraising project are still in the research and development stage, and the company is completing customer verification.
    Only then can it be sold externally
    .
    The customer verification period of photoresist for TFT-LCD and photoresist for integrated circuits is usually 6 to 24 months
    .

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