On July 29, Jinqiao Holdings held a signing ceremony for key technology R&D enterprises in Shanghai Jinqiao Comprehensive Bonded Zone, with a total investment of 1.28 billion yuan for six key enterprises. Among them, Xinyue Semiconductor, which focuses on third-generation gallium nitride materials and 5G RF devices, settled in Jinqiao Comprehensive Bonded Zone, and Anji Microelectronics and SMIC will expand production in Jinqiao Comprehensive Bonded Zone.
The Jinqiao Comprehensive Bonded Zone was officially unveiled in April 2020. It is the first special customs supervision area in Pudong New Area that has successfully transformed and upgraded to a comprehensive bonded zone. The park has gathered a number of key enterprises around the research and development and industrialization of automotive parts, high-end machinery manufacturing, and key semiconductor materials.
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