On April 11, Shenzhen Development and Reform Commission released the "Shenzhen 2022 Major Projects Plan Arrangement" (hereinafter referred to as "Major Projects"). According to the work plan of the municipal government, "Major Projects" will be combined with the national pilot of high-quality infrastructure development, Shenzhen construction of socialism with Chinese characteristics first demonstration zone to relax market access to promote a number of special measures to support the implementation of the annual national economic and social development plan.

The "major projects" stressed that in the modern industry class projects, respectively, there are three key recommended construction projects and three key advancement projects. Among them, the former includes the "Semiconductor Manufacturing International 12-inch integrated circuit production line project (F16)", while the latter includes the "China Resources Micro Bay Area 12-inch advanced process integrated circuit production line".

It is worth mentioning that the "Guangdong Province 2022 key construction project plan" announced by the Guangdong Provincial Development and Reform Commission earlier, also talked about the SMIC 12-inch IC production line project. According to this schedule, SMIC will build a 12-inch IC production line in Shenzhen with a monthly capacity of 40,000 pieces/month, focusing on process nodes of 28mm and above, and its construction start and end years are 2021-2025, with a total investment of 15.3 billion yuan, and the cumulative investment of 2 billion yuan completed by the end of 2021. In 2022, the planned investment is 3 billion RMB, and the main construction content includes civil construction and equipment installation.

According to a previous announcement by Shenzhen Pingshan District Investment Promotion Service Agency, the products of the SMIC project are located at 12-inch 28nm and above line width display driver chips and power management chips, etc. The project will build a new bulk gas station and chemical warehouse and other facilities, which will provide bulk gases such as nitrogen, oxygen, and other chemicals such as acid and alkali used in production and support the production capacity of 40,000 wafers of 12-inch wafers per month. The preliminary construction of a total construction area of about 69,410 square meters, equivalent to the size of 10 soccer fields.

Project information shows that the 12-inch wafer foundry production line is mainly planned for the mass production of 55nm high-voltage large-screen driver, 0.15μm power driver, and 40/28nm high-voltage large-screen driver chips, with the display driver, image sensing, and power management products as the entry point, reserving other types of product compatibility. The company has product technology and independent intellectual property rights, and the product yield is at an advanced level in the industry.

Regarding the CR Micro Shenzhen project, there is not much news. According to the previously released news, CR Micro this Shenzhen project will be in landed in Baoan District. According to the information, China Resources Micro is China's leading semiconductor company with chip design, wafer manufacturing, packaging and testing, and other integrated business capabilities of the entire industry chain, product focus on power semiconductors, intelligent sensors, and intelligent control field. After years of development and a series of integration, the company is now the leading semiconductor company operating a complete industrial chain in China.

As a leading local semiconductor company operating mainly in IDM mode in China, it is also one of the largest power device companies in China. In the field of power semiconductors, CR Micro is a leading company in China in terms of the performance and process of many products. Among them, MOSFET is one of the company's most important products, and the company is the largest MOSFET manufacturer with the largest revenue and the most complete product line in China. The company is currently one of the few companies in China that can provide a full range of MOSFET products in the range of -100V to 1500V for low, medium, and high voltage, and is also the main enterprise that has the ability to develop and manufacture all mainstream MOSFET device structures in China, producing devices including trench gate MOS, planar gate VDMOS and super junction MOS, etc., which can meet the needs of different customers and different application scenarios. The company's devices include trench gate MOS, planar gate VDMOS, and super junction MOS, which can meet the needs of different customers and different applications. According to India, the company ranks third in the Chinese MOSFET market in terms of sales in FY2020, behind Infineon and ON Semiconductor, and is the largest local MOSFET manufacturer in China.

Ltd. executive Dr. Li Hong in a speech last year also talked about the future of China Resources Micro will focus on increasing investment in Wuxi, Shanghai, Chongqing, the Greater Bay Area, and other geographic areas to enhance product technology and research and development capabilities. During the "14th Five-Year Plan" period, CR Micro will continue to focus on the strategic layout of power semiconductors, intelligent sensors, and intelligent control fields, continue to promote the transformation of product structure, the company's products and solutions, manufacturing, and services of the two sectors together, to further consolidate the market position, improve production capacity and performance, in the "cultivation While "cultivating internal strength", the company also focuses on its "outreach" strategy, expanding its business scope through external cooperation and equity investment, etc. The "internal growth + outreach" helps the company achieve leap-forward development.

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