---
title: "KINGLAI MATERIALS' subsidiary plans to invest 2 billion yuan in a semiconductor core component project in Kunshan City"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262405748.md"
description: "KINGLAI MATERIALS' wholly-owned subsidiary Kunshan Fangxin Precision Technology Co., Ltd. will invest 2 billion yuan in Kunshan City to build a core semiconductor component project. This project will focus on the research and development, production, and sales of gas distribution plates and semiconductor aluminum cavities, and will provide precision cleaning services, with an expected annual output value exceeding 1.5 billion yuan. The project investment framework agreement was signed on October 23, 2025, marking an important step in the domestic substitution of the national semiconductor industry chain"
datetime: "2025-10-23T10:38:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262405748.md)
  - [en](https://longbridge.com/en/news/262405748.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262405748.md)
---

# KINGLAI MATERIALS' subsidiary plans to invest 2 billion yuan in a semiconductor core component project in Kunshan City

According to the Zhitong Finance APP, KINGLAI MATERIALS (300260.SZ) announced that its wholly-owned subsidiary Kunshan Fangxin Precision Technology Co., Ltd. (referred to as "Fangxin Precision") has decided to further increase investment and expand production in Lujia Town, Kunshan City, by establishing the Fangxin Precision Semiconductor Core Components Project. On October 23, 2025, Fangxin Precision signed a "Project Investment Framework Agreement" with the People's Government of Lujia Town, Kunshan City.

The proposed semiconductor core components project is located on the northeast side of Lujian Road in Lujia Town, Kunshan City. The project is mainly engaged in the research and development, production, and sales of gas distribution plates and semiconductor aluminum chambers, and provides precision cleaning services for semiconductor equipment, TFT equipment, and OLED equipment. The products are widely used in the broader semiconductor field and are an important part of the domestic substitution of the national semiconductor industry chain. After reaching production capacity, the project is expected to achieve an annual output value of over 1.5 billion yuan. The total investment in the project is 2 billion yuan

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