China Grinding Clarifies Economic Daily Report on Investment Plans

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.