Wuhan Tianyuan (301127.SZ) plans to invest 500 million yuan to build a high-purity indium and indium phosphide polycrystalline production base project.

Zhitong Finance APP News, Wuhan Tianyuan (301127.SZ) announced that the company plans to sign the "Wuhan Tianyuan Group Co., Ltd. Chuxiong High-tech Zone Annual Production of 200 Tons of 6N/7N Grade High-Purity Indium and Annual Production of 100 Tons of Indium Phosphide Polycrystalline Production Base Project Cooperation Agreement" with the Chuxiong High-tech Industrial Development Zone Management Committee for the investment and construction of the "Chuxiong High-tech Zone Annual Production of 200 Tons of 6N/7N Grade High-Purity Indium and Annual Production of 100 Tons of Indium Phosphide Polycrystalline Production Base Project." The total planned investment for the project is approximately 500 million yuan.