A phase of investment of 5.9 billion yuan in the industrialization of CRRC in medium and low voltage power devices (Yixing) construction project, which took 18 months to be officially completed and put into operation.

On 17 October, the completion and commissioning activities were held in Yixing, where Sun Yongcai, Party Secretary and Chairman of China CRRC Group Corporation, and Zhao Jianjun, Mayor of the city, delivered speeches respectively.
Ding Rongjun, academician of Chinese Academy of Engineering and chief scientist of CRRC, Ning Wenze, assistant president of CSR, Li Donglin, secretary of the Party committee and chairman of the board of directors of Zhuzhou Electric Locomotive Research Institute, Chen Shoubin, secretary general of the municipal government, as well as senior executives of CSR Group and representatives of the partner companies attended the event.
Sun Yongcai thanked Wuxi for its long-term support and assistance to the development of CRRC and CRRC Zhuzhou in tin. He said that the completion and commissioning of the Yixing construction project fully embodies the ‘speed of CRRC’ and ‘Wuxi service’, marking that the Yixing base has formally entered an accelerated stage of development, which will provide strong support for the growth of the semiconductor industry of CRRC, and contribute to the creation of a solid industrialization cluster in Wuxi. The Yixing base will provide strong support for the growth of the semiconductor industry of CRRC and contribute to the building of industrialization cluster in Wuxi. China CRRC will take the completion of this project as an opportunity to accelerate the construction of a common chain development ecology by adhering to the concept of complementary advantages and common development, and continue to improve the level of autonomy, high-end and intelligence of China's power semiconductors, and endeavour to provide a safer, higher-quality, and more reliable guarantee for the development of the national semiconductor industry, and provide a more secure, more reliable and more reliable guarantee for the implementation of the country's ‘dual-carbon’ strategy. The implementation of the national ‘double carbon’ strategy provides more surging kinetic energy. We hope that Wuxi will give support and help to CRRC semiconductor industry as always, and jointly write a new chapter of high-quality development.

Zhao Jianjun congratulated on the completion and commissioning of the project, and expressed his gratitude to CRRC for the strong support it has been giving to the development of Wuxi. He said that CRRC's Yixing project is a successful practice of complementing the advantages of the central and local governments and serving the national strategy. At present, Wuxi is studying and implementing the spirit of the Third Plenary Session of the 20th CPC Central Committee, improving the system and mechanism of developing new productivity according to local conditions, and promoting the upgrading of traditional industries, the growth of new industries, and the cultivation of future industries, which urgently needs the support of China CRRC and other central enterprises as in the past. It is hoped that both parties will take this as a new starting point, continue to work together to accelerate the construction of the second phase project and the newly signed encapsulation project, comprehensively serve and drive the development of the local industrial chain and supply chain, and jointly make new and greater contributions to the independent and controllable development of the national IC industry. China CRRC is expected to continue to plough into Wuxi, actively promote the development of base and headquarters in tin, strengthen strategic docking and expand the effectiveness of cooperation in a wider range of fields, and make efforts to build a new model and benchmark of central-land cooperation and collaboration.
After the completion and commencement of production of CRRC's medium and low-voltage power device industrialization (Yixing) construction project, it will have a new production capacity of 360,000 pieces of 8-inch medium and low-voltage component substrate per annual (the infrastructure and public facilities will have a production capacity of 720,000 pieces per annual).

On the scene, the Yixing Municipal Government and Zhuzhou CRRC Times Semiconductor Co., Ltd. signed a contract to land the encapsulation line construction cooperation project, mainly for the new energy automobile market, after reaching production, will form an annual output of 5 million low-voltage IGBT module encapsulation production capacity, which can meet the demand of 3 million new energy vehicles.
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