TOKYO, Mar 19 (Pulse News Wire) – RS Technologies CO.,LTD. (3445.T) announced today that its Chinese subsidiary, GRINM Semiconductor Materials Co., Ltd., has decided to establish a new subsidiary named Guojing Semiconductor Materials (Baotou) Co., Ltd.
In Baotou City, Inner Mongolia Autonomous Region. The purpose of establishing this new subsidiary is to enhance production capacity and strengthen competitiveness within the semiconductor materials industry. The subsidiary plans to construct a factory specializing in the production of large-diameter single-crystal silicon wafers and related consumables. The investment capital for the new entity is set at ¥400 million yuan (approximately ¥9.084 billion). GRINM Semiconductor Materials Co., Ltd.
Will hold a 70% stake in the new venture, while RS Technologies will maintain a direct and indirect combined equity ratio of 51%. Located in the Baotou Rare Earth Hi-Tech Industrial Development Zone, the new subsidiary's operations will focus on manufacturing and selling single-crystal silicon and large-diameter single-crystal silicon products. The establishment is scheduled to take place in April 2026. Regarding the impact on future performance, RS Technologies stated that the effect on the fiscal year ending December 2026 would be minor. The company also noted that it will promptly disclose any significant developments arising from this initiative.
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