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The Mingyue Lake high-purity materials project, which is earmarked for semiconductor applications, is a strategic investment by Olai High Purity—a wholly-owned subsidiary of Olai New Materials. This project centers on two primary product categories: ultra-high-purity oxygen-free copper ingots and high-purity cobalt ingots. Boasting a total investment of around 108 million yuan, the project is slated for completion and the commencement of production in the fourth quarter of 2026. Once operating at full capacity, the project will not only bridge the gap in the company's self-sufficiency for key upstream raw materials but also pave the way for a dual growth path encompassing 'target materials + high-purity materials.' Furthermore, it will supply essential materials to support the company's foray into advanced sectors such as nuclear medicine and superconductivity.
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