Years of experience in the semiconductor packaging and testing industry brought Xinchao Group to pioneer the concept of "standardized products, centralized management, domestic equipment and materials, and platform-based operations", leading the company to invest in the construction of the first domestic platform packaging and testing enterprise: Jiangsu Zunyang Integrated Circuit Packaging and Testing Base.

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The first phase of the Jiangsu Zunyang Integrated Circuit Packaging and Testing Base wrapped up at 8:58 AM on September 16 with the commissioning of the first equipment in Huashi Town. The event was attended by Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang, Director of the Jiangyin Municipal Ecology and Environment Bureau Chen Fuliang, Secretary of the Huashi Town Party Committee Chen Feng, Chairman of Jiangsu Xinchao Technology Group Co., Ltd. Wang Xinchao, Chairman of Jiangsu Xiangyang Group Co., Ltd. Li Guoliang, Chairman and General Manager of Jiangsu Zunyang Electronic Technology Co., Ltd. Wu Qibin, Deputy Director of the Municipal Industry Reform Office Xiang Yong, Deputy Director of the Municipal Bureau of Industry and Information Technology Liu Jianjun, Deputy Director of the Municipal Bureau of Natural Resources and Planning Lu Yong, Deputy General Manager of Jiangsu New National United Group Co., Ltd. Wu Yaqing, and the management team of the Xinchao Group and employees of Zunyang Electronics, who were all on hand to witness the historic event.

Xinchao Investment Group as the investor of Zunyang Electronics, Chairman Wang Xinchao introduced: Zunyang Electronics project from the signing to the completion of the first phase of the project, only took 3 months, this is inseparable from the hard work of team cadres, but also inseparable from Jiangyin Municipal Party Committee, municipal government and Huashi Town Party Committee, government and town two levels of the relevant departments support. Jiangsu Zunyang IC closed test base project provides a perfect solution for the homogenization competition that IC industry design companies may face in the next step; At the same time, it also solves the difficulties of asset-heavy management of integrated circuit packaging and testing enterprises. This project also provides a large-scale application platform for the achievements of the national 02 special integrated circuit sealing equipment and materials localization; The project has built an innovation and entrepreneurship platform for the entrepreneurial team, which can not only achieve the career of the team but also make due contributions to the industrial transformation and upgrading of Huashi Town and Jiangyin City. Zunyang Electronics and Changdian technology products complement each other, and will become another "new business card" in Jiangyin integrated circuit sealing and testing industry after Changdian Technology. Wish Jiangsu Zunyang integrated circuit test base prosperity!

The investor of Zunyang Electronics, Chairman Wang Xinchao of the Xinchao Group kicked things off with a speech: The Zunyang Electronics project has required a mere 3 months to progress from signing to the completion of the first phase, a testament to the hard work and dedication of the team members and the strong support received from the Jiangyin Municipal Party Committee, the Municipal Government, and the Huashi Town Party Committee and Government, as well as departments at both municipal and town levels. The Jiangsu Zunyang Integrated Circuit Packaging and Testing Base project provides the perfect solution to the potential homogenization of competition integrated circuit design companies may face in the future and addresses challenges related to heavy assets in the integrated circuit packaging and testing industry. This project is a large-scale application platform for the achievements of the national 02 Special Project in integrated circuit packaging and testing equipment and materials localization. It provides a platform for entrepreneurial teams to achieve their innovation goals while contributing to the industrial transformation and upgrading of Huashi Town and Jiangyin City. Zunyang Electronics complements the products of JCET Group and promises to become a new calling card for Jiangyin's integrated circuit packaging and testing industry after JCET Group. Best wishes for the prosperity of the Jiangsu Zunyang Integrated Circuit Packaging and Testing Base!

Speech by Xinchao Group Chairman Wang Xinchao

The next speech was made by Secretary of the Huashi Town Party Committee Chen Feng: The Zunyang Integrated Circuit Packaging and Testing Base project, a joint investment project of the Xinchao Group and Xiangyang Groups Co., Ltd., is a pragmatic and innovative attempt to optimize the industrial structure of Huashi Town. This cooperation is a victory in itself while also presenting an opportunity for more shared benefits. Integrated circuit packaging and testing bases of even greater scale and influence are expected to emerge following the completion of the first phase of Zunyang Integrated Circuit Packaging and Testing Base. It is hoped that Zunyang Electronics will leverage its forward-looking vision and rich investment and development experience in the semiconductor industry to create an even more competitive Chinese packaging and testing industry base and contribute to the industrial transformation and upgrading of Huashi Town and even Jiangyin City. The Huashi Town Party Committee and government believe in the importance of valuing, respecting, and supporting business, and they will spare no effort to create a high-quality business environment conducive to enterprise development as the project continues to move forward.

Speech by Secretary of the Huashi Town Party Committee Chen Feng

Subsequently, Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang announced the completion and commissioning of the first phase of the Jiangsu Zunyang Integrated Circuit Packaging and Testing Base. Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang, Director of the Jiangyin Municipal Ecology and Environment Bureau Chen Fuliang, Secretary of the Huashi Town Party Committee Chen Feng, Mr. Wang Xinchao, Mr. Li Guoliang, and Mr. Wu Qibin cut the ribbon and unveiled the Zunyang Company plaque, pushing the first piece of equipment into the factory together.

Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang announced the completion and commissioning of the first phase of the Jiangsu Zunyang Integrated Circuit Packaging and Testing Base.

Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang, Director of the Jiangyin Municipal Ecology and Environment Bureau Chen Fuliang,

Secretary of the Huashi Town Party Committee Chen Feng, Mr. Wang Xinchao, Mr. Li Guoliang, and Mr. Wu Qibin cut the ribbon for the project.

Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang, Director of the Jiangyin Municipal Ecology and Environment Bureau Chen Fuliang,

Secretary of the Huashi Town Party Committee Chen Feng, Mr. Wang Xinchao, Mr. Li Guoliang, and Mr. Wu Qibin unveiled the Zunyang Company plaque.

Member of the Standing Committee of the CPC Jiangyin Municipal Committee and Executive Vice Mayor of Jiangyin City Zhao Qiang, Director of the Jiangyin Municipal Ecology and Environment Bureau Chen Fuliang,

Secretary of the Huashi Town Party Committee Chen Feng, Mr. Wang Xinchao, Mr. Li Guoliang, and Mr. Wu Qibin pushed the first piece of equipment into the factory for Zunyang Company.