Wuhan Tianyuan is set to ink a cooperation pact with the Administrative Committee of the Chuxiong High-Tech Industrial Development Zone. The company aims to invest a hefty 500 million yuan in the construction of a production base project within the Chuxiong High-Tech Zone. This investment will be a blend of 100 million yuan in self-raised funds and 400 million yuan sourced from bank loans. Once operational, the project is projected to boast an impressive annual production capacity, churning out 200 tons of 6N/7N high-purity indium and 100 tons of indium phosphide polycrystals. The construction phase is slated to span 12 months, with a keen focus on erecting production lines and erecting the necessary supporting infrastructure.
