Six more cases for Invest Taiwan: China Grinding Wheel invests NT$2.2 billion to add production lines at Zhunan plant
Taiwan's government approved investments from six companies through the "Invest Taiwan" program. China Grinding Wheel will invest over NT$2.2 billion to expand production lines at its Zhunan Science Park plant to meet strong demand in the recycled wafer market.
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- 📰 Published: May 8, 2026 at 17:10
- 🔍 Collected: May 8, 2026 at 17:32 (21 min after Published)
- 🤖 AI Analyzed: May 8, 2026 at 17:58 (26 min after Collected)
Central News Agency (Reporter Tseng Yun-ting, Taipei, May 8) - The Invest Taiwan Office today approved six companies to expand their investments in Taiwan, including China Grinding Wheel and Kung Feng Enterprise under the "Rooting in Taiwan" program, and Taiwan Micro-Transfer, Weierda, Yongxin Yi, and Yingxin Ranch under the "SME" program. Among them, to cope with the booming demand in the recycled wafer market, grinding wheel manufacturer China Grinding Wheel will invest over NT$2.2 billion to add production lines at its Zhunan Science Park plant.
The Ministry of Economic Affairs' Investment Promotion Department explained in a press release today that benefiting from the continuous growth of advanced and mature semiconductor processes, the demand for recycled wafers has surged. Following its application for the "Rooting in Taiwan" program in 2023 to expand investment, China Grinding Wheel will invest approximately NT$2.23 billion to add production lines and create 79 new job opportunities.
China Grinding Wheel's new production lines will incorporate AI technology and automated handling systems to optimize production scheduling and improve inspection efficiency. At the same time, it will build advanced exhaust gas treatment equipment, process cooling water systems, and solar photovoltaic facilities, and promote the recycling and reprocessing of waste resin grinding wheels, hoping to improve product quality and production capacity, steadily expand market share, and strengthen the local supply capability of recycled wafers.
The Ministry of Economic Affairs stated that professional precision hand tool manufacturer Kung Feng Enterprise will also invest approximately NT$1.96 billion to build a new plant in Guantian District, Tainan City, expecting to create 165 new job opportunities. The new plant will introduce AI and smart machinery technology, and build a supply chain cloud management system and machine networking monitoring mechanism to improve production efficiency and operational performance. It will also install solar photovoltaic and rainwater recycling systems to enhance energy efficiency.
Regarding the bicycle industry, the Ministry of Economic Affairs pointed out that Taiwan Micro-Transfer is optimistic about the prospects of the electric bicycle (E-Bike) market and plans to invest approximately NT$230 million to build a new plant in Daya District, Taichung City, and add equipment at its Shengang plant, expecting to hire 25 new employees. The company will develop electronic shifting technology and establish an AI image recognition system to improve inspection efficiency.
Weierda plans to invest approximately NT$400 million to build a new plant in Dajia Youzi Industrial Park, Taichung, expecting to create 30 new job opportunities. The new plant will introduce an AI smart tapping recognition system to reduce the risk of manual quality inspection errors, and install solar photovoltaic and energy management systems to improve energy-saving benefits.
The Ministry of Economic Affairs stated that building materials and kitchen hardware manufacturer Yongxin Yi will invest approximately NT$490 million to build a new plant in Qiaotou District, Kaohsiung, adding production lines and automated warehousing facilities, expecting to hire 16 new employees. The new plant will introduce AI quality management and smart automated warehousing systems to instantly monitor inventory status.
Yingxin Ranch plans to build a new ranch in Guantian District, Tainan City, which is expected to be completed this year. In the future, it will stably supply the domestic pork and lamb market and hire 17 new employees. The new ranch will introduce IoT sensing equipment and AI image recognition technology to monitor the environment of the livestock house and animal health around the clock, implementing modern livestock management.
The Ministry of Economic Affairs statistics show that as of now, the three major Invest Taiwan programs have attracted 1,745 companies to invest approximately NT$2.6454 trillion, estimated to create 164,923 domestic job opportunities.
Among them, the "Rooting in Taiwan Enterprise Accelerated Investment Action Program" has seen 216 companies invest approximately NT$604.7 billion, bringing 28,470 job opportunities; the "SME Accelerated Investment Action Program" has attracted 1,183 companies to invest approximately NT$603.9 billion, creating 41,651 job opportunities, with 30 more manufacturers awaiting review. (Editor: Pan Yi-ching) 1150508. Choose to stand with facts, every sponsorship you make is a force to protect press freedom. Download the Central News Agency "First-hand News" APP to stay updated with the latest news. The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
The Ministry of Economic Affairs' Investment Promotion Department explained in a press release today that benefiting from the continuous growth of advanced and mature semiconductor processes, the demand for recycled wafers has surged. Following its application for the "Rooting in Taiwan" program in 2023 to expand investment, China Grinding Wheel will invest approximately NT$2.23 billion to add production lines and create 79 new job opportunities.
China Grinding Wheel's new production lines will incorporate AI technology and automated handling systems to optimize production scheduling and improve inspection efficiency. At the same time, it will build advanced exhaust gas treatment equipment, process cooling water systems, and solar photovoltaic facilities, and promote the recycling and reprocessing of waste resin grinding wheels, hoping to improve product quality and production capacity, steadily expand market share, and strengthen the local supply capability of recycled wafers.
The Ministry of Economic Affairs stated that professional precision hand tool manufacturer Kung Feng Enterprise will also invest approximately NT$1.96 billion to build a new plant in Guantian District, Tainan City, expecting to create 165 new job opportunities. The new plant will introduce AI and smart machinery technology, and build a supply chain cloud management system and machine networking monitoring mechanism to improve production efficiency and operational performance. It will also install solar photovoltaic and rainwater recycling systems to enhance energy efficiency.
Regarding the bicycle industry, the Ministry of Economic Affairs pointed out that Taiwan Micro-Transfer is optimistic about the prospects of the electric bicycle (E-Bike) market and plans to invest approximately NT$230 million to build a new plant in Daya District, Taichung City, and add equipment at its Shengang plant, expecting to hire 25 new employees. The company will develop electronic shifting technology and establish an AI image recognition system to improve inspection efficiency.
Weierda plans to invest approximately NT$400 million to build a new plant in Dajia Youzi Industrial Park, Taichung, expecting to create 30 new job opportunities. The new plant will introduce an AI smart tapping recognition system to reduce the risk of manual quality inspection errors, and install solar photovoltaic and energy management systems to improve energy-saving benefits.
The Ministry of Economic Affairs stated that building materials and kitchen hardware manufacturer Yongxin Yi will invest approximately NT$490 million to build a new plant in Qiaotou District, Kaohsiung, adding production lines and automated warehousing facilities, expecting to hire 16 new employees. The new plant will introduce AI quality management and smart automated warehousing systems to instantly monitor inventory status.
Yingxin Ranch plans to build a new ranch in Guantian District, Tainan City, which is expected to be completed this year. In the future, it will stably supply the domestic pork and lamb market and hire 17 new employees. The new ranch will introduce IoT sensing equipment and AI image recognition technology to monitor the environment of the livestock house and animal health around the clock, implementing modern livestock management.
The Ministry of Economic Affairs statistics show that as of now, the three major Invest Taiwan programs have attracted 1,745 companies to invest approximately NT$2.6454 trillion, estimated to create 164,923 domestic job opportunities.
Among them, the "Rooting in Taiwan Enterprise Accelerated Investment Action Program" has seen 216 companies invest approximately NT$604.7 billion, bringing 28,470 job opportunities; the "SME Accelerated Investment Action Program" has attracted 1,183 companies to invest approximately NT$603.9 billion, creating 41,651 job opportunities, with 30 more manufacturers awaiting review. (Editor: Pan Yi-ching) 1150508. Choose to stand with facts, every sponsorship you make is a force to protect press freedom. Download the Central News Agency "First-hand News" APP to stay updated with the latest news. The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.