Recently, Fluoride announced that the total amount of funds raised by the company's proposed non-public issuance of shares will not exceed 1.15 billion yuan, and the net proceeds after deducting issuance costs will be used for an annual production of 30,000 tons of ultra-clean and high-purity electronic-grade hydrofluoric acid project , Annual production of 30,000 tons of ultra-clean high-purity wet electronic chemicals project, annual production of 30,000 tons of high-performance anhydrous aluminum fluoride technological transformation project, supplementary working capital
It is reported that in recent years, with the emergence of a new generation of "new infrastructure construction" mainly based on the Internet of Things, Industrial Internet, and 5G, the semiconductor and integrated circuit industries can be described as the foundation of the new infrastructure in the development of new infrastructure. The purpose of this non-public share offering of Fluoride is to seize the historical opportunity of the "new infrastructure" policy to drive the development of China's strategic emerging industries, and at the same time give full play to the company's complete fluorine chemical industry chain, complete infrastructure facilities, leading scale and advanced technology The advantages of the company are developing steadily towards the high-end industry and product differentiation, further enriching the connotation of the fluorine chemical industry chain, forming a more complete industrial chain form, and consolidating and enhancing the company’s leading position of fluorine chemical industry.
Fluoride said that this non-public offering of investment projects can expand the company's existing wet electronic chemicals scale and enrich product structure, cultivate new profit growth points for the company, and quickly form a domestic leading edge in the field of electronic chemicals and new materials. .
Fluoride was established in December 1999. It is a national high-tech enterprise dedicated to the research and industrialization of chemistry and energy in the three elements of fluorine, lithium and silicon. Li Shijiang, chairman of Fluoride, said that electronic chemicals are the most basic support material for the semiconductor industry and an indispensable "grain" for the entire industry. Electronic chemical materials are widely used in the three major industries of semiconductor, flat panel display and PCB. The strong market demand and the status quo of the industry call for the electronic chemical industry to insist on promoting industrial upgrading with technological innovation in order to better adapt to the future.
It is understood that Fluoride has been committed to the research on the recycling and efficient utilization of low-grade fluorosilicon resources, and independently developed the process technology route of producing anhydrous aluminum fluoride with fluorosilicic acid and co-producing high-quality white carbon black. Beginning in October 2018, multi-fluorine multi-electronic-grade hydrofluoric acid has successfully opened up international markets such as South Korea and achieved bulk export. The performance of the tested product has reached the advanced level of the industry. In 2019, the sales of multi-fluorine multi-electronic grade hydrofluoric acid reached 2,600 tons, an increase of 520% year-on-year, and the export volume to South Korea could reach more than 300 tons in a single month, which became the company's new profit growth point. At present, the first-phase electronic-grade hydrofluoric acid production line of Fluoride has achieved full capacity production, and the second-phase project of 5,000 tons/year electronic-grade hydrofluoric acid has been completed and put into production.
This time, Fluoride Corporation plans to construct an ultra-clean high-purity electronic grade hydrofluoric acid project with an annual output of 30,000 tons and an annual output of 30,000 tons of ultra-clean high-purity wet electronic chemicals on the originally planned land in the plant area, in response to national policies. , In the transformation of fluorine chemical industry strategy, at the same time, the construction of the project can play a typical demonstration and leading role in the industry. Through the industrialized production of products and the improvement of the industrial layout, new profit growth points will be added.
