On June 4th, the Ganquanpu Economic and Technological Development Zone in Urumqi, China, successfully concluded a contract with Nanjing Chuxin Electronics Technology Co., Ltd. and Fujian Dazhuo Holding Co., Ltd. The groundbreaking Fourth Generation Diamond Semiconductor Project, boasting a total investment of 265 million yuan, is now officially established within the zone. This pioneering initiative is poised to catalyze regional industrial upgrading and foster technological innovation.