Invited to participate in the opening and MLCC production ceremony of Yiyang Xinwei Electronic Technology Industrial Park. On October 31st, the opening and MLCC production ceremony of Yiyang Xinwei Electronic Technology Industrial Park was launched. Yiyang Xinwei Electronic Technology Industrial Park is located in Yiyang High tech Zone, with a factory covering an area of approximately 1168 acres and a total construction area of approximately 1.3 million square meters. The project plan has a total investment of over 20 billion yuan. The industrial park is committed to the research and development, manufacturing, and development of MLCC (chip multilayer ceramic capacitors) products We provide one-stop services such as sales, with a monthly output of 120 billion chip multilayer ceramic capacitors, striving to build the world's top three MLCC industry base.
Our company has established a long-term friendly cooperative relationship with Yiyang Xinwei Electronic Technology. Currently, we have purchased a batch of our appearance inspection equipment for the first phase of the appearance machine, and all of them have been delivered in September 2023. We are also the only domestic equipment manufacturer in Yiyang Xinwei, and all other equipment is imported.
We are willing to explore market opportunities with customers and seek win-win cooperation models to achieve common development goals.