At 10:16 a.m. on January 20, the foundation laying ceremony for the establishment of Ferrotec(Guangzhou) Technology Co.,Ltd.  and the commencement of construction project was solemnly held in the plot beside 88 Hefeng Road, Guangzhou Development Zone.

    He Xianhan, President of Ferrotec Holdings, chairman and President of Ferrotec (China), President of Ferrotec(Guangzhou) Technology Co.,Ltd. , Wang Zhe, general manager of Ferrotec（Anhui）Technology Co., Ltd., general manager of Ferrotec(Guangzhou) Technology Co.,Ltd., and vice president of Guangzhou Yuexin Semiconductor Technology Co., Ltd. (Doctor) Li Haiming, chairman of Shanghai Xingcheng Investment Management Co., Ltd., Chen Xiaofei, chairman of Guangzhou Xingcheng Private Equity Investment Management Co., Ltd., and acting director of SMIC International (Shenzhen) Co., Ltd. took the stage as the main guests. More than 100 people were invited to attend, including representatives of business departments, customers, securities and financial cooperation units of the Development Zone, representatives of relevant leaders and employees of fuluode group, leaders and employees of construction units, representatives of supervision and management companies, to witness a new chapter of fuluode cleaning business in South China.

    Cheng Xiangyang, deputy general manager of Shanghai Shenhe thermal magnetic Electronics Co., Ltd., presided over the ceremony. Wang Zhe, general manager of Ferrotec(Guangzhou) Technology Co.,Ltd., first introduced fulade South China TFT / semiconductor equipment precision regeneration and repair project. Wang Qiumin, chairman of Anhui zhengpai Construction Engineering Co., Ltd., and Li Haiming, vice president of Ferrotec(Guangzhou) Technology Co.,Ltd. (Doctor), respectively delivered speeches on behalf of project contractors and customer representatives.

    Mr. He Xianhan, President of Ferrotec (China) and chairman of Ferrotec(Guangzhou) Technology Co.,Ltd., delivered a speech and announced the commencement of the project. Subsequently, all the leaders of the stage jointly laid the foundation for the construction project of Ferrotec(Guangzhou) Technology Co.,Ltd. After the ceremony, the leading guests preview the introduction of the project exhibition board.

    Ferrotec(Guangzhou) Technology Co.,Ltd. is established by Ferrotec（Anhui）Technology Co., Ltd. with a total investment of 300 million yuan in Guangzhou Development Zone to construct fuleide South China TFT / semiconductor equipment precision regeneration and repair project. The project covers an area of 13000 square meters, with a total construction area of 33000 square meters, and is engaged in semiconductor equipment parts cleaning and panel display (TF) T / OLED) equipment parts cleaning, anodizing surface treatment, ceramic spray treatment and semiconductor parts maintenance regeneration business. The construction period of the project is 12 months, with an annual output value of about 250 million yuan and a tax revenue of about 18 million yuan, which will lead to the employment of 300 people.

    After the completion of the project, it can provide advanced and high-quality supporting services for Southern LCD panel factory, Shenzhen Huaxing, Guangzhou LG, Xiamen Tianma, Shenzhen SMIC, Guangzhou Yuexin and other panel and semiconductor customers, and expand other business segments of fuluode group on this basis.