Recently, Shenzhen Qingyi Photomask Limited (hereinafter referred to as "Qingyi") announced their investment of production bases in Danzao Town, Nanhai District. With a total investment of 3.5 billion yuan, it consists two production base projects, high precision photomask production base and advanced semiconductor photomask production base.

Photomask is considered as an essential component in high-end machines like chip lithography machine. Specialized in the R&D, production and sales of photomask, it is known as one of giant photomask producers that established at the first place in China. Its products are widely used in fields like panel display, semiconductor chip, touch panel, etc. For instance, BOE Technology Group Co., Ltd. is one of their key clients.

Regarding the construction of high precision photomask production base, it is divided into three phases, with 2-billion -yuan investment in total, 800-million-yuan for Phase I, 300-million-yuan for Phase II and 900-million-yuan for Phase III respectively. The land required for Phase I & II would be 3.4 hectares, which will start construction in 12 months and operate in 36 months after land acquisition. Phase III will be pending according to macro-economy and other relevant factors.

In terms of advanced semiconductor photomask production base, it is also divided into three phases, 605-million-yuan for Phase I, 295-million-yuan for Phase II, 600-million-yuan for Phase III, 1.5 billion yuan in total. According to the blueprint, total area for Phase I and Phase II is estimated to be 2 hectares. The construction is subject to the same terms as high precision photomask production base.