On June 18, China's leading nanocomposite zirconia, alumina, and high-purity nano-barium titanate basic powder manufacturer SDGC Ceramic Technology Group announced that the company will invest 1.5 billion yuan to build a new ultra-micro chip multilayer ceramic capacitor MLCC Dielectric materials research and development and industrialization projects, automotive honeycomb ceramic manufacturing and other projects.
It is planned to invest RMB 200 million to invest in the R&D and industrialization of dielectric materials for ultra-micro chip multilayer ceramic capacitors, RMB 170 million to invest in the construction of automotive honeycomb ceramic manufacturing projects, and RMB 228 million to invest in the production of 3,000 tons of high-performance rare earth functional materials For industrialization projects, the remaining funds are used to supplement working capital.
The main business of SDGC at the time of listing was the production and sales of high-purity nano-barium titanate basic powder, MLCC formula powder and other electronic ceramic materials. It has developed for eight years. At present, it has formed an electronic material sector, a catalytic material sector, and biomedicine. The four major business segments, the materials segment and other business segments including building ceramic materials, continue to expand their business scale and continue to improve their product systems.