China Grinding Clarifies Economic Daily Report on Investment Plans
China Grinding clarified a report by the Economic Daily regarding its investment in a new production line for recycled wafers and diamond discs in the Zhunan Science Park. The company stated that its investment in factory buildings and equipment is approximately NT$2 billion, approved by the board in December 2023, and will be implemented gradually from 2025. This is not a newly added investment plan and is not a one-time investment this year. The investment plan has been approved under the 'Rooted in Taiwan' program.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 00:58 (16h 58m after Collected)
China Grinding clarified a report by the Economic Daily concerning its investment of over NT$2.2 billion in a new production line for recycled wafers and diamond discs in the Zhunan Science Park. The company stated that its planned investment in factory buildings and production equipment is approximately NT$2 billion, which was approved by the board on December 24, 2023, and announced at that time. This investment will be made gradually from 2025 onwards, based on construction and equipment procurement progress, and is not a new investment plan or a one-time investment for the current year. The plan has been approved under the 'Rooted in Taiwan' program by the Ministry of Economic Affairs on May 8, 2026. Financial and business information should be based on official announcements.
FAQ
What was the Economic Daily report about China Grinding?
The Economic Daily reported that China Grinding would invest over NT$2.2 billion in a new production line for recycled wafers and diamond discs in the Zhunan Science Park.
What is China Grinding's actual investment plan?
China Grinding's investment in factory buildings and equipment is approximately NT$2 billion, approved in December 2023 and to be implemented gradually from 2025.
Is this a new investment plan?
No, this is not a newly added investment plan and will not be a one-time investment this year.
Has the investment plan received any government approval?
Yes, the investment plan has been approved under the 'Rooted in Taiwan' program by the Ministry of Economic Affairs.