On June 2nd, Northern Huachuang stated on the interactive platform that the company currently has sufficient orders in hand and is operating well. It is expected that its performance in the second quarter will continue to grow. The company‘s existing production capacity basically meets the production and delivery needs of orders. At the same time, the semiconductor equipment industrialization base expanded by raising funds through additional issuance will be put into use in the third quarter of this year to meet the needs of further business growth. In the future, North Huachuang will continue to increase research and development investment in various semiconductor application fields, continuously improving process coverage and market share.http://www.ic-bom.com/

According to the announcement, the total investment for the expansion project of the semiconductor equipment industrialization base is 3.816 billion yuan, with a planned new construction area of approximately 365000 square meters; The project design capacity is an annual production capacity of 500 integrated circuit equipment, 500 emerging semiconductor equipment, 300 LED equipment, and 700 photovoltaic equipment; After the project is fully put into production, the expected annual average sales revenue is 7.46 billion yuan, the average total profit of the project is 807 million yuan, the financial internal rate of return is 16.21% (after tax), the static payback period of the total investment is 7.09 years (including the construction period), and the dynamic payback period is 10.25 years (including the construction period).

It is worth mentioning that the fixed increase fundraising project of Northern Huachuang was completed in November 2011, with a total of 14 targets for the stock issuance of Northern Huachuang. Among them, the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (also known as the "National Big Fund") continued to increase its investment, spending nearly 1.5 billion yuan to subscribe to 4934210 shares, accounting for 17.65% of the fundraising.http://www.ic-bom.com/