On November 18, the Shaoguan High-tech Zone Management Committee and Guangdong Oolai High-tech Materials Co., Ltd.(referred to as "Oolai New Materials") held a signing ceremony for the Oolai New Materials Mingyue Lake High-tech Materials Industrial Park Project (Phase I). Shaoguan High-tech Zone Management Committee, Municipal Science and Technology Bureau, Municipal Investment Promotion Bureau, Oolai Xincai and other relevant leaders jointly witnessed the signing of the contract.

This signing ceremony is an important milestone since the two parties signed the strategic cooperation framework agreement on September 19. As the starting point of the entire project, the project (Phase I) mainly invests in the construction of R & D centers, headquarters buildings, etc., with a total investment of 322 million yuan., committed to the research and development of sputtering targets, high-purity materials, oxygen-free copper and copper alloy products, laying a solid research and development foundation for the subsequent development of the industrial park and will inject new vitality into Shaoguan High-tech Zone.
At the beginning of the signing, Wen Hongfu, Chairman of Oolai Xincai, introduced the overall framework of the project's launch background, goal positioning, and expected social and economic benefits. He said that the project is of great significance to promoting regional economic development and enhancing the company's competitiveness. He believed that with the support of the government and the joint efforts of the company team, the project will be able to achieve the expected goals and make greater contributions to the development of the company and the regional economy. contribution.
At the signing ceremony, the relevant person in charge of the High-tech Zone Management Committee stated that Shaoguan High-tech Zone will, as always, fully support the development of Omat Advanced Materialss in Shaoguan, implement the requirements of "can't say no, say what to do", provide the best quality services and efficient assistance, and ensure the rapid construction, completion and commissioning of the project. At the same time, it is hoped that Oolai New Materials can continue to optimize its industrial layout in Shaogou and implement construction as soon as possible. At the same time, it will continue to deepen practical cooperation on a larger scale, in a wider field, and at a higher level, and push Shaoguan's high-tech industry to a new height.
Source: Shaoguan High-tech Zone