China’s Crystal Clear Chemical Hits Price Ceiling on Photoresist Gear Buy
Zhang Yushuo
DATE:  Sep 29 2020
/ SOURCE:  Yicai
China’s Crystal Clear Chemical Hits Price Ceiling on Photoresist Gear Buy China’s Crystal Clear Chemical Hits Price Ceiling on Photoresist Gear Buy

(Yicai Global) Sept. 29 -- Microelectronics industry chemical supplier Crystal Clear Chemical’s shares rose to the 20 percent price limit on its photoresist equipment purchase plan and high-end photoresist research work.

SCCC will spend USD11.03 million on photoresist equipment from the South Korean foundry SK Hynix, according to a statement the Suzhou-based company released yesterday.

The firm will issue convertible bonds of up to CNY550 million (USD80.6 million) to apply to high-end photoresist research, technical upgrading of semiconductor grade high-purity sulfuric acid with annual output of 90,000 tons, and to repay bank loans.

SCCC’s net profit increased by 40.6 percent to CNY20.3 million in the first half from a year ago. Its total assets were CNY2.092 billion (USD306.57 million), up 60.84 percent from the same time last year.

The upper limit for stocks on the ChiNext has changed to 20 percent from 10 percent since Aug. 24.

Photoresist is light-sensitive liquid made up of a photosensitive resin, sensitizer and solvent that uses a photochemical reaction to transfer a fine pattern onto a chip substrate via exposure by ultraviolet light, electron beam, excimer laser beam, X-ray or ion beam.

Editor: Ben Armour

Follow Yicai Global on
Keywords:   Crystal Clear Chemical,photoresist equipment purchase,photoresist research