A total investment of 600 million yuan, ITO target landing Zhongshan is expected to put into production in August

On March 24, 4 crane towers and two cranes were simultaneously constructed on the construction site of the "Korea Zhilong High Purity ITO Target R & D and Production Project" in the Zhongshan City Intelligent Manufacturing Equipment Industrial Park, Banfu Town. The structure has been erected and the foundation work of the "R & D Building" has been completed.

After the project signed an investment agreement on June 17, last year, construction started on December 20 last year, and it is expected to be put into operation in August this year.

According to the person in charge of the Bureau of Economic and Information Affairs of Banfu Town, the project is the city's largest foreign investment project introduced in 2019. The foreign investor is South Korean LT Metal Group, which is an affiliated company of South Korean LG Group.

Jin Fenghua, director of the comprehensive management department of Zhongshan Zhilong New Material Technology Co., Ltd. told reporters: ITO target technology is currently relatively blank in China. The company will set up a headquarters, R & D center, settlement center, production base in Zhongshan, and will also develop metal targets And semiconductor targets, making this a benchmark for the global ITO target and semiconductor target industry. The project covers an area of ​​86 acres, with a total investment of 600 million yuan and a production value of 1.5 billion yuan after being put into operation.
 
"We are adjusting and accelerating the construction progress to ensure that it will be completed by the end of June, commissioned in July, and put into operation as planned in August." At the construction site, Jin Fenghua, director of the comprehensive management department of Zhongshan Zhilong New Material Technology Co., Ltd., told reporters. The company is a company registered in Zhongshan with a registered capital of 100 million yuan. "The mobile phones, tablet computers, and TVs we use, including future OLEDs, need to use high-purity ITO targets as long as they are related to display electronic products." Jin Fenghua said.

According to reports, the project is the largest foreign-invested project in the city in 2019, with the largest total investment. The foreign investor is South Korea ’s LT Metal Group, which is an affiliate of South Korea ’s LG Group. The project covers an area of ​​86 acres, with a total investment of 600 million yuan and a production value of 1.5 billion yuan after production. It will also fill in the gaps in the domestic industry by introducing advanced technology. "We will set up a headquarters, R & D center, settlement center, production base in Zhongshan, and will also develop metal targets and semiconductor targets, making this a benchmark for the global ITO target and semiconductor target industry." He added.

Why choose Zhongshan Investment to land? Jin Fenghua said that in the Guangdong-Hong Kong-Macao Greater Bay Area, Zhongshan has a superior geographical location. In addition, Zhongshan has developed a foundation and planning layout for the optoelectronic industry. Zhongshan ’s sincere service for attracting investment has also impressed investors.
 
Jin Fenghua brought us to the project introduction background board on the construction site, there is a time table on the board, which details the completion time of the project promotion node.

After signing an investment agreement with Banfu Town on June 17, 2019, the auction, bidding and publicity announcement will be completed on September 18, and the land certificate will be processed on December 7. "After the land permit is issued, planning permission and construction permission are required to start construction. According to previous experience, it takes six months to one year, and we only spent 13 days in Zhongshan." He said for example.

On the table, the reporter saw that the project land certificate processing time was December 7, 2019, and the construction time was December 20 of the same year. It is understood that this speed is due to the innovative mechanism of approval. "If you get a land certificate and then go through the follow-up approval procedures in the past, you will not be able to go down in half a year. However, we have successfully explored the acceptance and parallel approval of missing items, and completed the electronic school in advance under the conditions of the missing land certificate. The pre-examination for nuclear, planning and construction reports, etc., immediately issue a planning permit after obtaining the land certificate, and realize the parallel review of the land permit, planning permit, and construction permit. "The person in charge of the Bureau of Economic and Information Affairs of Banfu Town told reporters.

The person in charge showed us another table-the "inverted table" of project services. In order to accelerate the landing, the city leaders organized the project coordination meeting twice to advance the project progress. Banfu Town established a special working class with the town mayor as the team leader, produced a 40-item project promotion schedule, and regularly notified the progress and coordination needs within the project group to guide and urge the enterprise to proceed according to the plan.

If the project is put into operation as planned this year, the project will achieve the speed of introduction, land supply, construction, and commissioning of the year, and will once again refresh the Zhongshan speed of project construction.