At present, Lv Weihong, the chairman of Taiwan Y-Fa Technology INC., visited Yunnan Dian Zhong New Area, Yunnan Invensight Optoelectronics Technology Co., Ltd., and Yunnan AnBao Digital Electronic Technology Co. Ltd. to have an in-depth understanding of the policy, the development basis, and the effect of new material industry in Yunnan Dian Zhong New Area.

Xia Sheng’an, member of the Party Working Committee and deputy director of the Management Committee of Yunnan Dian Zhong New Area, introduced the "533" industrial development strategy determined by Yunnan Dian Zhong New Area to Lv Weihong that the New Area will expand and strengthen the five high-end manufacturing clusters of automobile and high-end equipment, petrochemical, new materials, electronic information, and biomedicine. The main business of Taiwan Y-Fa Technology INC. is highly consistent with the development strategy of the New Area. Taiwan Y-Fa Technology INC. is sincerely welcomed to settle in Yunnan Dian Zhong New Area. All levels in the New Area will firmly establish the efficiency consciousness, take the initiative to serve, integrate the resources of new material industry clusters, open up the industrial chain cycle, and provide fertile land for the development of upstream and downstream enterprises in the new material industry. New Area will also make use of the advantages of Songming and Anning vocational education bases and promote the integrated development of industries, universities, and research in the new material industry to provide strong intellectual and talent support for the development of the new material industry.

Lv said that with the distinctive location advantages and strong policy support of Yunnan Dian Zhong New Area, the new material industry has strong development momentum and bright prospects. In the next step, the New Area can integrate the resources of Taiwan Y-Fa Technology INC. and take the third-generation semiconductor project as a breakthrough to expand cooperation fields, strengthen cooperation, and promote new achievements in bilateral cooperation.

The third-generation semiconductor products are mainly used in automobiles, telecommunications, and specific consumer electronic products and are also suitable for application in the field of radiofrequency (RF) and related 5G radio frequency equipment, lidar technology, and other areas. Taiwan Y-Fa Technology INC. plans to build 10 semiconductor epitaxial wafer production lines of different sizes for the third-generation semiconductor project planned to settle in Yunnan Dian Zhong New Area. After the project is completed, the output value is expected to reach 500 million yuan.