On June 7, Zhejiang Lishui Zhongxin Wafer Semiconductor Materials Co., Ltd. successfully held a launch ceremony for its 12-inch wafer polishing project, signifying the commencement of mass production. Spanning an area of 224 mu, the project boasts a construction footprint of 250,000 square meters and a substantial investment totaling 5.8 billion yuan. Upon reaching full capacity, it is anticipated to produce 3.6 million 12-inch polished wafers annually.