Dinglong shares plans to invest 200 million yuan to establish a materials research institute, focusing on the layout of semiconductor materials

On September 15, Dinglong Co., Ltd. issued an announcement stating that the company plans to invest 200 million yuan to establish Hubei Dinglong Advanced Materials Research Institute Co., Ltd. (hereinafter referred to as the "Materials Research Institute"), focusing on the research and application of key core "bottleneck" import-substituting innovative materials such as semiconductor process materials, semiconductor display materials and other national strategic emerging industries, and carry out industry-university-research cooperation.

Dinglong Co., Ltd. stated that the establishment of the Advanced Materials Research Institute can effectively integrate the company's R&D resources, accelerate the company's technology research and development, results transformation and industrial application in the fields of semiconductor processes and display materials and other national strategic emerging industries, and is an important measure to implement the company's innovative materials platform corporate development strategy. It has a positive impact on the company's building of core competitiveness and achieving high-quality sustainable development.

It is understood that semiconductor process materials and semiconductor display materials belong to the country's strategic emerging industries. Against the backdrop of independent control being imperative on the policy side, booming downstream demand on the market side, and heavy investment in production line construction on the manufacturing side, the semiconductor process materials and semiconductor display materials industries continue to be prosperous.

The announcement shows that the Materials Research Institute will carry out cutting-edge and applied research on materials in the fields of semiconductor process materials, semiconductor display materials and other national strategic emerging industries. Through cutting-edge technology research in the industry, it will determine the development direction of materials technology, implement technology industrialization transfer, provide technical support, and assist the company in establishing relevant industry standards to lead the development of the materials industry. At the same time, the Materials Research Institute will be guided by the client's market demand and application direction, and focus on cooperating with downstream core wafer factory customers, panel factory customers, strategic emerging industry customers, etc. to jointly develop material products and organize and implement product platform, technology and application development.

Dinglong Co., Ltd. is a platform company that provides various core "bottleneck" import-substituting innovative materials in key international and domestic leading fields. Currently, it focuses on the fields of optoelectronic imaging display, semiconductor technology and display materials. In the process of building a material innovation platform, the company has been learning from the competition with international giants and competing in learning; innovation has also developed from catching up innovation at the beginning to parallel innovation and leading innovation in the future.

At present, the company and its subsidiaries have carried out a number of research projects on semiconductor process materials, semiconductor display materials and their upstream raw materials, such as: CMP polishing pads, polishing fluids, cleaning fluids, etc., key raw materials for the preparation of polishing pads, nano-abrasive particles for the preparation of polishing fluids, and other front-end wafer manufacturing materials.

Taking polishing pad products as an example, Dinglong's polishing pad product revenue and net profit both increased in the first half of the year. The semi-annual report shows that the company's polishing pad products achieved sales revenue of 104 million yuan, a year-on-year increase of 394.35%; net profit of 30.0416 million yuan, and gross profit level continued to improve.