*Image above: Mr Tsui Ching Man Stanley, Executive Director, Chief Operating Director of ASMPT and Chief Operating Officer of the Group’s Materials segment (left in the front), and Mr Luo Wenjiang, Vice Mayor of Jiujiang Municipal Government and Party Working Committee Vice Secretary of the Economic and Technological Development Zone (right in the front), signed an investment agreement at Jiujiang.
Jiangxi Province, People’s Republic of China, 2 April 2019 – ASM Pacific Technology Ltd. (ASMPT) announced today that it has signed an agreement with the Jiujiang (九江) Municipal Government of Jiangxi (江西) Province, to build a factory for its Materials business in the Jiujiang Economic and Technological Development Zone (also known as Jiujiang Economic Development Zone).
At the signing ceremony, Mr Stanley Tsui, Group Executive Director, Chief Operating Officer & Executive Vice President, and Chief Executive Officer of the Group’s Materials Business Segment, said: “We are indeed proud to be working with the Jiujiang Municipal Government of Jiangxi to build this new manufacturing facility. China is fast becoming one of the world’s biggest semiconductor producers, driven largely by the huge domestic demand as well as emerging technologies such as artificial intelligence, virtual reality and Internet of Things. ASMPT is indeed proud and honoured to be here in China to support the industry and, be a partner to drive the growth.”
Located in the central part of China, the factory will be a state-of-the-art, fully automated production facility complete with smart flexible production lines and technologies for increased productivity and manufacturing efficiency.
Jiujiang City is the third largest city of the Jiangxi Province and the Jiujiang Economic Development Zone rests in the western district of Jiujiang City, on the south bank of the Yangtze River and north of Mount Lu and Eight Mile Lake.
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About ASM Pacific Technology Limited
As a global technology and market leader, ASMPT (HKEX stock code: 0522), develops and provides leading edge solutions in surface mount technology, equipment and materials for the semiconductor assembly and packaging industries. Its surface mount technology solutions are deployed in a wide range of end-user markets including electronics, mobile communications, automotive, industrial and LED. Its continuous investment in research and development help to provide customers with innovative and cost-efficient solutions and systems that enable them to achieve higher productivity, greater reliability and enhanced quality.
Listed on the Hong Kong Stock Exchange since 1989, ASMPT is currently one of the constituent stocks on the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Hong Kong 35 Index and the Hang Seng Global Composite Index. To learn more about ASMPT, please visit its website at www.asmpacific.com.