China's SGO Co. Plans to Invest 1.13 Billion Yuan in Three Major Semiconductor Material Projects

en.Wedoany.com Reported - SGO Co. announced on the evening of July 7 that it plans to invest 1.13 billion yuan in three semiconductor material-related projects, involving the R&D of new silicon components and supporting silicon material capacity expansion, the R&D and industrialization of key materials for integrated circuit manufacturing, and the R&D and industrialization of new silicon materials for packaging and micro-nano optoelectronics.

The specific investment amounts for the three projects are as follows: 586 million yuan for the silicon component capacity expansion project with a construction period of 5 years; 326 million yuan for the key integrated circuit materials project with a construction period of 3 years; and 218 million yuan for the packaging and micro-nano optoelectronics project with a construction period of 2 years. Among them, the silicon component project has the largest investment and the longest cycle.

On the same evening (July 7), SGO Co. also announced that its wholly-owned subsidiary Zhongjingxin plans to acquire a 20% stake held by minority shareholders of Fujian Jingong Semiconductor Co., Ltd. (hereinafter referred to as "Fujian Jingong"). Upon completion of the transaction, Fujian Jingong will become a wholly-owned subsidiary of Zhongjingxin. Fujian Jingong's main business is the manufacturing and sales of semiconductors, ceramics, quartz, metal materials, and related products. SGO Co. stated that the acquisition will enhance the company's strategic synergy and resource integration capabilities, improve management efficiency, will not change the consolidation scope, does not harm the interests of the company and its shareholders, and will not have an adverse impact on the company's financial condition or operating results.

On the same evening, SGO Co. also disclosed that shareholder Xikang Semiconductor Technology (Shanghai) Co., Ltd., due to its own capital needs, plans to transfer 4.2576 million shares through a negotiated transfer, accounting for 2.50% of the company's total share capital. This transfer is a non-public transfer, and the transferee shall not transfer the shares within 6 months after the transfer.

SGO Co. focuses on the field of integrated circuit semiconductor materials and components, forming three major product matrices: large-diameter silicon materials for etching, silicon components, and large-size semiconductor silicon wafers, occupying an important position in the semiconductor material industry chain.

In the first quarter of 2026, SGO Co. achieved operating revenue of 112 million yuan and a net profit of 25.39 million yuan.