On June 17th, the groundbreaking ceremony for the Fenlianxin Semiconductor Core Equipment Project took place in the Fenhu High-tech Zone of Suzhou City. This project boasts a total investment of 1 billion yuan, occupies an area of 40 mu (approximately 2.67 hectares), and encompasses a construction area of 48,000 square meters. Upon completion, it is projected to generate an annual sales revenue exceeding 1.5 billion yuan and contribute an annual tax revenue surpassing 50 million yuan.