On October 19, ZJDM Electronic Technology Materials Technology Group announced that as electronic products such as mobile phones, tablets, laptops and smart TVs are thinner, more versatile, and wireless The heat dissipation of components has become a key factor in the improvement of electronic product performance. Graphene film, as a film material with excellent thermal conductivity, high flexibility, and light weight, has become a key material in many fields such as terminal consumer electronics, mobile devices, wearable devices, and flexible displays in the 5G era. More and more, it is used as a thermal conductive material in intelligent communication terminals.
In order to meet the growing market demand and further deepen the company's development in the consumer electronics field, the company established a wholly-owned subsidiary ZJDM Superconducting Technology Co., Ltd. and used its own funds of 48.8 million yuan to build an annual output of 1 million square meters in the Yongkang factory. For the graphene thermal film production line project, the final investment is subject to actual investment. The investment amount of this investment in the new project is within the scope of the chairman's deliberation rights and interests, and there is no need to submit it to the board of directors for deliberation.
Details of investment projects:
Project name: Graphene thermal film production line with an annual output of 1 million square meters
Project construction content: The annual production of 1 million square meters of graphene thermal film production project will be implemented by ZJDM as the main body of the project. The project plans to invest 48.8 million yuan, including fixed assets investment of 42.05 million yuan, working capital of 6.75 million yuan, and a total land area of 20,026.01 square meters. The introduction of advanced equipment such as coating machines, laminating machines, and flat presses will form an annual output of 1 million square meters of graphene thermal film after the completion of the project.
The total investment plan of the project is 48.8 million yuan, and the company’s existing factory buildings are used for technological transformation. Among them, the equipment purchase investment is 39.55 million yuan, the installation cost is 500,000 yuan, the construction engineering and other costs are 1 million yuan, and the reserve cost is 1 million yuan. Funding is 6.75 million. The funds will be invested in stages according to the project implementation progress. The construction period of the project is 12 months (October 2020-October 2021), and it will be put into production gradually in April 2021. It is expected that the project will reach production in one year after construction, forming an annual output of 1 million square meters of graphene thermal film. After fully reaching production and realizing sales, the annual new operating income is 400 million yuan (tax included).