The special photosensitizer project for microelectronic photoresist with an annual output of 600 tons was completed in Xuzhou

On May 31, Tianjin Jiuri New Materials Co.
, Ltd.
issued an announcement that the main production facility of the special photosensitizer project for microelectronic photoresist with an annual output of 600 tons invested and constructed by the holding subsidiary Dajing Information Chemicals (Xuzhou) Co.
, Ltd.
has been completed.
With the conditions for production, it will be gradually put into operation on May 31
.

The special photosensitizer for microelectronic photoresist that Dajing Information plans to put into production is the key raw material for the positive photoresist for display and semiconductor packaging.
It will provide core raw material guarantee for downstream photoresist manufacturers and help open up the domestic photoresist industry.
chain, establish a benign industrial ecology, and contribute to the development of China's photoresist and semiconductor industries
.

Acquired Xuzhou Dajing and laid out the field of photoresist

Jiuri New Materials completed the acquisition of 100% equity of Xuzhou Dajing New Material Technology Group Co.
, Ltd.
at the end of August 2020
.
The company will accelerate the promotion of "Xuzhou Dajing New Material Technology Group Co.
, Ltd.
thousand-ton photoresist and supporting reagent project" and "Dajing Information Chemicals (Xuzhou) Co.
, Ltd.
annual production of 600 tons of microelectronic photoresist special photosensitizer project" " implementation
.

In addition, Jiuri New Materials also invests in and holds 12.
12% of the equity of Microchip New Materials, and the main business of Microchip New Materials is the research and development, production and sales of KrF photoresist resins and monomers
.

Previously, the company was developing a cationic photosensitizer project, and the project has completed the small test and pilot test
.
The completion of this acquisition and investment marks that Jiuri New Materials has taken a substantial step in the implementation of its strategic layout in the field of photoresist and semiconductor materials, which is conducive to the company's transformation of years of research and development results into products, and the rapid realization of photosensitive materials.
The industrialization and large-scale production of the agent
.

Other projects of Jiuri New Materials

On March 15, Jiuri New Materials issued an announcement: the main production facilities of some workshops of the company's wholly-owned subsidiary Inner Mongolia Jiuri New Materials Co.
, Ltd.
with an annual output of 9,250 tons of photoinitiator and intermediate projects have been put into operation.
, and start the feeding operation step by step
.

In addition to the photoinitiator project in Inner Mongolia, Jiuri New Materials also has a construction project in Dongying, Shandong with an annual output of 87,000 tons of light-curing series materials
.
Main products: 27,000 tons/year photoinitiators 1173, 184, TPO, TPO-L and 60,000 tons/year monomer TMPTA, TPGDA, among which photoinitiator is the company's main product and is also a core technology product; monomer TMPTA , TPGDA is one of the raw materials used with photoinitiator to manufacture downstream products, which is closely related to the company's main business
.
However, due to land problems, the project can only partially carry out the work, and the construction has not been completed as planned
.

Jiuri New Materials Performance

In 2021, Jiuri New Materials will achieve an operating income of 1.
252 billion yuan, a year-on-year increase of 23.
83%, and a net profit of 166 million yuan, a year-on-year increase of 21.
15%
.
Among them, the revenue of light-curing materials was 1.
252 billion yuan, a year-on-year increase of 23.
85%, and the income of other businesses was 362,900 yuan
.

In the first quarter of 2022, the revenue will be about 423 million yuan, and the net profit will be about 54.
78 million yuan
.