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on the afternoon of october 18, the sky was clear and the sun was bright. in this golden autumn season, yian district of tongling city ushered in the grand holding of the provincial implementation of the "six stability" tongling city and yian district's october major project centralized commencement activities and the foundation ceremony of ferrotec（anhui） yangtze river semiconductor wafer regeneration project. li meng, secretary of tongling municipal party committee, hu qisheng, deputy secretary and mayor of tongling city, cheng shuanglin, executive deputy mayor, huang huafeng, deputy mayor and other leaders of the four groups of the national people's congress and the cppcc, as well as leaders of the municipal development and reform commission, the municipal economic and information commission, the municipal investment promotion bureau, the municipal planning bureau, etc.; wang fajin, secretary of yian district party committee, yao guiping, and other leaders; vice president of the suppression service and ferrotec middle school of japan magnetic technology holding co., ltd he xianhan, chairman of the board of directors of the state council, zuo tengzhao, executive officer of japan magnetic technology holding co., ltd., guo jianyue, general manager of shanghai shenhe thermomagnetic electronics co., ltd. and ferrotec（anhui） changjiang semiconductor materials co., ltd., and other leaders attended the ceremony.
hu qisheng, deputy secretary of tongling municipal party committee and mayor, presided over the ceremony, and cheng shuanglin, executive vice mayor, reported the centralized commencement of the project. wang fajin, secretary of yian district party committee of tongling, delivered a speech on behalf of yian district to the settled and start-up enterprises. president he xianhan delivered a speech full of enthusiasm and passion as the host enterprise. finally, li menglong, secretary of the municipal party committee, announced the commencement of the project again. then all the leaders of the rostrum laid the foundation for the semiconductor wafer regeneration project of ferrotec（anhui） changjiang semiconductor materials co., ltd. and pushed the ceremony to the climax. after the ceremony, city leaders and guests, accompanied by chairman he xianhan, read the introduction of fule changjiang semiconductor wafer regeneration project.
ferrotec（anhui）changjiang semiconductor materials co., ltd. was officially established in 2019, with a total investment of 1 billion yuan, covering an area of 75 mu, with 55600 square meters of newly-built workshops, including 37600 square meters of production workshops and 18000 square meters of auxiliary rooms. shanghai shenhe thermomagnetic electronics co., ltd. and tongling development and investment group co., ltd. is a comprehensive high-tech enterprise engaged in electronic technology and material science research services.
the construction period of the project is planned for 15 months. after the completion of the project, the production line of 1 million 800 thousand 300mm semiconductor wafer precision regeneration will be formed, which is in line with the planning requirements of "made in china 2025". it is advanced, forward-looking and mature. it is another important strategic decision of ferrotec (china) in the domestic layout, which fills the gap of domestic large-scale semiconductor wafer precision recycling business. it has a broad market prospect. after the project is completed, it is expected to achieve an annual sales revenue of 372.6 million yuan and a total profit of 139.9 million yuan, with good social and economic effects.
the project has been highly valued by tongling municipal people's government, yian economic development zone and other relevant government departments, showing the high quality and efficiency of tongling service project construction, the dedication and sincerity of yian district service entrepreneurs and investors. at the same time, the implementation of the project also laid a solid foundation for the vigorous development of "changjiang semiconductor value-added service and new material industrial park". this will effectively promote the improvement of relevant supporting industries, solve the employment problem of social personnel, and inject strong power and vitality into the extension and coverage of tongling semiconductor industry chain.