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Recently, Jinan and Shandong officially held the groundbreaking ceremony of “Liandian Jining Science and Technology Park†and reached a strategic cooperation framework with Shandong Province for new light source and new energy industry. In the future, UMC will use Jining as its investment base to develop technologies such as LED and new energy. It is expected to build the largest LED industry cluster and new energy base in mainland China within five years. TSMC of the same industry also said that it is very likely to cooperate with local governments. The wafer duo has sought cooperation with local governments on the mainland to develop new energy markets. "Liandian Jining Science and Technology Park" was invested and built by UMC. According to mainland media reports, since 2009, UMC and Shandong Province have reached a strategic cooperation framework for new light source and new energy industry, with Jining as the investment carrier to set up high-tech projects for LED and new energy. It is expected to build the largest LED epitaxial wafer industry and new energy industry base within 5 years. The focus will be on LED substrates, epitaxial wafers, packaging and product applications, which will create a complete LED industrial chain. The Jining government stated that in the future, “Niandian Jining Science and Technology Park†will gradually move towards a complete supporting industrial cluster, and will be self-proclaimed with the mainland LED product research and development, manufacturing and supply center. It is understood that there are currently 9 related companies stationed in the Science and Technology Park. The local government has initially estimated that after the projects are completed and put into production one by one, the annual sales of UMC Jining Science and Technology Park is expected to exceed RMB 10 billion. UMC's current LED and new energy layouts are mostly concentrated in Shandong. In October, only 100 UMC New Business Investment Co., Ltd. was established. Baolin Technology, which directly invests 30%, is included in the new business investment and is engaged in LED power supply. This is UMC. The first LED investment case in Jining High-tech Zone, Shandong Province; later invested in Shandong Guanhao Optoelectronics Technology for 800,000 US dollars, engaged in LED epitaxial wafers and chips, and invested in the joint venture of Shandong Weihai through its subsidiary Lianming Optoelectronics. Sheng, engaged in LED lighting. LED industry analysts, UMC has gradually completed the entire LED production chain layout in Jining, Shandong, including LED epi-plating factory Guanhao Optoelectronics, packaging plant Liansheng Optoelectronics, finished assembly plant Baolin Technology, etc.; at the same time, the Jining Science and Technology Park of UMC will also have a pole The big appeal, calling on the relevant industry to gather. In response to repeated attempts to invest in Shandong Green Energy, UMC said that the current investment plans for the mainland are announced in accordance with regulations. On the 29th, UMC Jining Science and Technology Park officially started construction in Jining High-tech Zone, and was chaired by Hong Jiacong, Chairman of UMC. The rest included Li Zhaoqian, deputy governor, Sun Shougang, secretary of the Municipal Party Committee and director of the Standing Committee of the Municipal People's Congress, and Zhang Zhenchuan, deputy secretary of the municipal party committee. Mayor Zhou Hong and the provincial government office, the provincial department of commerce, the provincial development and reform commission, the provincial economic and information technology commission, the provincial science and technology department, the provincial land and resources bureau, the provincial price bureau and other high-ranking officials attended the groundbreaking ceremony.