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This company “reinvested” more than 30 billion yuan in Nanjing

reinvested

On May 18, the Pangu Semiconductor Advanced Packaging and Testing Project with a total investment of 3 billion yuan was officially signed in Pukou Economic and Technological Development Zone. This is the fourth heavyweight industrial project laid out by Huatian Technology in Nanjing since it settled in 2018, with a cumulative investment of more than 30 billion yuan.

Pangu Semiconductor’s advanced packaging and testing project has an investment of 3 billion yuan, and the construction will start this year, with a total construction area of about 120,000 square meters of new plants and related ancillary facilities, and the annual output value is expected to be no less than 900 million yuan and the annual economic contribution will not be less than 40 million yuan. The project focuses on the development and application of board level packaging technology, which will make up for the weak links in the Pukou integrated circuit industry chain and enhance the industrial development level.

Huatian Technology invested 8 billion yuan in 2018 to start the construction of the first phase of Huatian Nanjing project, which took only 17 months from start to production. In 2021, Huatian Jiangsu was established, with an investment of 9.95 billion yuan to launch the wafer-level advanced packaging and testing production line project, and the main body of the project is now fully capped. In March this year, the company invested an additional 10 billion yuan to lay out the second phase of Huatian Nanjing project. After less than 2 months, Pangu Semiconductor, which is controlled by Huatian Jiangsu, signed a contract, marking that Pukou Economic and Technological Development Zone has become the most important sector in Huatian’s technology industry map.

The successive implementation of Huatian’s new projects is a vivid practice of Pukou anchoring the leading industry of integrated circuits, promoting the strengthening of the chain and supplementing the chain, and the cultivation of the development ecology. Pukou Economic and Technological Development Zone has gathered more than 260 integrated circuit enterprises, covering the whole industrial chain from design to manufacturing, from packaging and testing to supporting, and the output value accounts for nearly 1/3 of the industry in Nanjing. With the “running entry” of enterprises in chip trays, chip packaging and other subdivisions, the output value of the integrated circuit industry in Pukou Economic and Technological Development Zone is expected to exceed 28 billion yuan this year, continuing to maintain more than double-digit growth.

A little more news

It is understood that the Pangu Semiconductor Advanced Packaging and Testing Project plans to invest a total of 3 billion yuan, and will be partially put into operation in 2025. The project will be constructed in two phases, one of which will be built from 2024 to 2028, with a proposed land area of 115 acres, a new plant with a total construction area of about 120,000 square meters and related ancillary facilities, to promote the development and application of board level packaging technology. At present, Jiangsu Pangu Semiconductor Technology Co., Ltd., the operating company of the project, has been registered in Pukou Development Zone with a registered capital of 100 million yuan and is controlled by Huatian Technology (Jiangsu) Co., Ltd.

The implementation of Pangu Semiconductor’s advanced packaging and testing project highlights the leading role of leading enterprises and key projects in industrial development, and also provides strong support for Pukou to optimize its industrial structure, accelerate industrial agglomeration, and cultivate growth momentum.

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