of December 22, Ancai Gaoke issued an announcement on "Capital Increase to Subsidiaries and Foreign Investment Projects".
The announcement said that in order to implement the strategic layout of Henan Ancai Hi-Tech Co., Ltd., cultivate high-end glass industry and achieve high-quality development. Ancai Hi-Tech intends to increase its capital by 51 million yuan to Henan Ancai Semiconductor Co., Ltd., a wholly-owned subsidiary, to invest in the construction of a glass project with an annual output of 3000 tons of high-purity quartz semiconductors, with a total investment of about 199 million yuan. Located in the Science and Technology Enterprise Incubation Park of Zhongzhan District, Jiaozuo City, Henan Province,
the project covers an area of about 55 mu , and plans to build 6 big bore and high purity quartz tube production lines and 12 secondary forming production lines in 12 months. To form an annual production scale of 3,000 tons of high-purity quartz products. According to
the data, Ancai Gaoke was founded in 1998 and was the largest production base of color glass shells in China. It mainly produces and sells solar photovoltaic ultra-white rolled glass, high-quality float glass, energy-saving glass, liquefied natural gas, compressed natural gas and other products. From January to June
2023, the operating revenue of Ancai Hi-Tech was composed of 60.34% of solar photovoltaic glass, 30.48% of natural gas sales, 7.17% of float glass, 1.15% of pipeline transportation and 0.86% of other businesses.
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