1.Introduction to the Project

1.1 Project background

1.1.1 Product introduction

Multi-spectral imaging chips have the characteristics of 9 channels, high spectral resolution, high energy efficiency, high spatial resolution, rich information content, compact size, low cost, and a wide range of applications. At present, the project has established cooperation with many well-known brand companies around the world, providing spectral technology application solutions and spectral big data products and services for multiple fields such as smartphones, smart homes, security monitoring, automotive electronics, precision agriculture, medical health, environmental monitoring, aerospace, etc.

The optoelectronic information industry is an emerging strategic industry in Jilin Province, which comprehensively promotes and facilitates the transformation and upgrading of the automotive industry, national defense and military industry, and agriculture. Especially in the key links of the chip industry, there are huge development opportunities that are expected to become a new driving force for economic growth in Jilin Province. In addition, it will also empower the province’s automotive industry, defense industry, traditional agriculture, and medical and health industries, helping the province rapidly build new quality productivity.

1.1.2 Market prospect

(1) Current situation of the multi-spectral chip industry

In 2023, the global optical chip market reached approximately 2.78 billion US dollars, a year-on-year increase of 14.4%. European and American countries are leading in optical chip technology, while domestic optical chip companies are rapidly catching up. At present, the global market is mainly dominated by the United States, China, and Japan. According to data, the size of China’s optical chip market has grown from 8.322 billion yuan in 2019 to 13.762 billion yuan in 2023, with a compound annual growth rate of 13.4%. With the improvement of technological capabilities and the increase of market recognition, the competitiveness of Chinese optical chip companies is expected to further enhance.

The optical chip industry chain can be divided into three links: upstream, midstream, and downstream:

The upstream mainly involves suppliers of raw materials and production equipment. The raw materials include III-V compound semiconductors such as indium phosphide, gallium arsenide and other substrate materials, as well as industrial gases, packaging materials, metal targets, etc. Production equipment includes lithography machines, etching machines, epitaxial equipment, etc. These raw materials and equipment are the foundation of optical chip manufacturing and have a direct impact on the performance and yield of optical chips.

The midstream refers to the production and manufacturing of optical chips. Optical chips can be divided into two categories: active optical chips and passive optical chips. Active optical chips mainly include laser chips and detector chips, while passive optical chips mainly include PLC (planar waveguide) and AWG (array waveguide grating) chips. These optical chips are the core components in optical communication systems, responsible for the conversion and transmission of optoelectronic signals. The manufacturing process of optical chips involves multiple complex process steps, among which etching is one of the key steps. In the manufacturing of optical chips, etching can selectively remove unwanted materials from the surface of silicon wafers to form specific structures.

The downstream is the application field of optical chips, covering multiple fields such as optical communication, consumer electronics, automotive electronics, industrial manufacturing, and healthcare. Optical module manufacturers embed optical chips into optical devices and package them with other structural components to create optical modules, which are further applied in the communication equipment market, telecommunications operation market, and data center market. The optical module is the core component for the internal interconnection and interconnection of data centers. In terms of mobile communication, the optical module is also used in scenarios such as forward, intermediate, and backward transmission of 5G networks.

The entire optical chip industry chain, from upstream raw material and equipment supply, to midstream optical chip manufacturing, and then to downstream applications, has formed a complete ecosystem that is interdependent and jointly promotes the development and innovation of optical communication technology.

A multi-spectral chip is a sensor chip that integrates multiple spectral bands and can simultaneously obtain spectral information from different bands. These bands may include visible light, infrared, ultraviolet, etc., and are widely used in fields such as Earth observation, meteorological forecasting, environmental monitoring, and agricultural production. The advantage of multi-spectral chips is that they can improve the efficiency and accuracy of data acquisition, while reducing the number and cost of sensors.

Multi-spectral chips have a wide range of applications in fields such as Earth observation, meteorological forecasting, environmental monitoring, and agricultural production. Among them, Earth observation and meteorological prediction are the main application areas of the multi-spectral chip market. The main participants in the market include Hyperspectral Imaging Inc. from the United States, Jenoptik AG from Germany, Spectral Imaging Ltd. from Israel, Cubert GmbH from the United Kingdom, and other companies. The growth of the multi-spectral chip market is mainly driven by technological advancements, increased demand for environmental monitoring, and improved agricultural production efficiency. The multi-spectral chip market is mainly distributed in North America, Europe, and the Asia Pacific region, with North America accounting for over 40% of the market share.

(2) Prospects of the multi-spectral chip industry

The spectral chip industry is a dynamic and innovative emerging industry with broad development prospects. Spectral chip is a miniaturized chip used for spectral analysis, which can achieve rapid and accurate analysis of material components and is widely used in environmental protection, medical, chemical, food and other fields. With the continuous advancement of technology, the technical level of spectral chips is also constantly improving, and their application fields are constantly expanding.

By now, the spectral chip industry has formed a complete industrial chain, covering multiple links such as chip design, manufacturing, packaging, testing, and application. Among them, chip design is one of the key links, which requires optimization design combined with computer simulation, emulation and other technologies. Advanced micro-nano manufacturing technologies such as photolithography and etching are required in the manufacturing process to ensure the accuracy and stability of the chip. The packaging and testing process is to test and verify the performance of the chip to ensure that it can perform well in practical applications.

At present, the multi-spectral chip market is growing rapidly and is expected to continue its strong growth momentum in the coming years. The market size of multi-spectral chips is expected to grow from approximately $1 billion in 2020 and to have been approximately $2 billion by 2025.

As a new generation of imaging devices, multi-spectral chips have added new functions such as substance recognition and low light imaging, which can perfectly replace traditional RGB sensors. In the future, the related market capacity will shift to the field of spectral imaging chips, and the demand space is huge. Take mobile phones for example: by 2024, the leading mobile phone companies are expected to require 20 million chips; they are expected to require 200 million chips by 2025; from 2025 to 2027, all mobile phone manufacturers will replace their image sensors with single-chip spectral chips, which is expected to require 700-1000 million chips; after 2027, all mobile phone manufacturers’ mobile phone image sensors will achieve full replacement of spectral chips (including front camera, main camera, wide-angle, etc.), which is expected to require 2-3 billion chips. The transformation of color sensors to multi-spectral sensors is an inevitable trend, and the market size of downstream application fields will rapidly expand.

1.1.3 Technical analysis

The existing technology has solved the problem that traditional spectroscopic instruments cannot be widely used in the civilian field due to factors such as volume, weight, and cost. It is currently the only product with mass production capacity applied in the consumer electronics field at home and abroad, and holds an exclusive position in the market.

1.1.4 Advantageous conditions of project construction

(1) Policy advantages

The Guidelines for the Construction of the Comprehensive Standardization System of the National Artificial Intelligence Industry (2024 Edition) jointly issued by the Ministry of Industry and Information Technology, the Cyberspace Administration of China, the National Development and Reform Commission, and the National Standards Commission aims to improve the standard system of the artificial intelligence industry, promote industrial technological innovation and high-quality development. By 2026, it is planned to have established more than 50 new national and industry standards, accelerating the formation of a standard system that leads the high-quality development of the artificial intelligence industry.

Jilin Province has issued the Implementation Plan for Accelerating the High-quality Development of Jilin Province’s Digital Economy (2023-2025), which takes the digital government as the guide and digital technology innovation as the driving force to promote the integrated development of digital technology and the real economy. The plan proposes goals such as improving the level of digital industrialization, promoting industrial digital transformation, and strengthening basic support capabilities, aiming to create a new growth pole for the digital economy and provide strong support for the high-quality development of Jilin.

Changchun has established a leading group for the construction of digital Changchun, and has studied and issued policy documents such as the 14th Five-Year Plan for Digital Changchun, the Action Plan for the Development of Changchun’s Digital Economy, the Action Plan for Breakthrough in the Development of Changchun’s Digital Economy, the Policies to Support the Development of Digital Industries in Changchun, etc., placing the development of digital economy in a prominent position and incorporating it into the key cultivation of the “3-transformation, 4-strong, and 7-new” modern industrial system, highlighting industrial digitization, digital industrialization, governance digitization, and data value, and making every effort to seize the “new track” of digital economy. ‌‌‌‌

(2) Industrial advantages

The “Changchun Jingyue-1” and “Changchun Jingyue-2” satellites have been successfully launched, opening up new fields and industries for the development of Jingyue New and High-tech Zone, which is the core area of Changchun’s low altitude economy industry and the demonstration area of digital economy core industry. It accelerates the formation of new quality productivity and drives the new economy forward by creating a “digital aerospace city” that integrates access, control, research and development, testing, data, and application in Jingyue New and High-tech Zone.

Jingyue New and High-tech Zone focuses on the digital economy, with the overall goal of creating the “five zones”, that is, “computing power network core zone, artificial intelligence leading zone, data element hub zone, industrial ecological agglomeration zone, and application scenario demonstration zone”, accelerating the agglomeration of digital economy industries, and promoting the deep integration of digital economy with advanced manufacturing industry, modern service industry, etc. through digital “empowerment, assignment, and intelligence”, comprehensively enhancing the overall competitiveness in the digital age.

As a national high-tech zone and a demonstration zone for independent innovation, the digital industry in Jingyue New and High-tech Zone is flourishing. As of now, Jingyue New and High-tech Zone has about 2500 digital economy related enterprises, 6 data centers that have been built or are under construction, and 1 computing center. Jingyue New and High-tech Zone is becoming a hot spot for the development of digital economy in Changchun City with its unique industrial ecology and innovation capabilities.

(3) Location advantages

Changchun has a well-developed transportation network, with multiple modes of transportation including railways, highways, aviation, and water transportation. Changchun is the intersection of multiple railway trunk lines such as Harbin-Dalian Railway, Beijing-Harbin Railway, and Jilin-Hunan Railway, as well as the starting point or passing point of multiple expressways such as Beijing-Harbin Expressway and Harbin-Dalian Expressway. Changchun Longjia International Airport is one of the largest aviation hubs in Northeast China, with nearly 100 domestic and international routes. Changchun has an important strategic position in the Northeast Asian economic circle. As an international metropolis in Northeast Asia, Changchun is an important hub connecting Northeast China and North China, as well as a significant political, economic, and cultural center in Northeast China.

Jingyue New and High-tech Zone is located in the southeast of Changchun City, and this geographical location makes Jingyue New and High-tech Zone an important area in Changchun City, connecting the city’s main transportation network.

(4) Talent advantages

Changchun is a well-known high intelligence intensive area in China, with more than ten key universities such as Jilin University, Northeast Normal University, and Changchun Institute of Optics and Fine Mechanics located in Changchun. It also has national and provincial (ministerial) scientific research institutions such as the Chinese Academy of Sciences Changchun Branch, Changchun Institute of Optics and Fine Mechanics, Changchun Institute of Applied Chemistry, as well as scientific research institutions such as design institutes, computing and testing centers, and several key open laboratories in Changchun. Changchun City has abundant human resources and price advantages. Higher education institutions and research institutions such as Jilin University, Northeast Normal University, Changchun University of Traditional Chinese Medicine, Changchun Institute of Optics and Fine Mechanics, and Changchun Institute of Applied Chemistry can provide senior management and technical personnel for the implementation of the project. It can provide sufficient talent support for the project.Changchun University of Science and Technology is capable of providing a large number of technical personnel for fundamental theoretical research on spectral chips, all of whom have the experience in undertaking major national projects such as the “863” and “973” projects.

Jingyue New and High-tech Zone has gathered nearly 100000 talents of various types, among which the proportion of professional and technical talents is as high as 70%, demonstrating the strong attraction of the region to high-level talents. In addition, 46.76% of employees have a bachelor’s degree, and 15.54% have a master’s degree or above. This high educational structure has laid a solid foundation for the high-quality development of the local economy. Jingyue New and High-tech Zone has formed a positive interaction between talent and industry by promoting comprehensive innovation in the “industry, education, science, and people”.

1.2 Contents and scale of project construction

The project covers an area of 25000 square meters and plans to build two chip production lines with an estimated production capacity of 20 million pieces per year, namely, the 8-inch chip production line, mainly used for research and development, military products, automotive electronics and other purposes; the 12 inch chip production line, mainly used for mass production of products in the fields of mobile phones, home appliances, etc.

1.3.Total investment of the project and capital raising

The total investment of the project is 400 million yuan, including the construction investment of 300 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales revenue will be 380.95 million yuan, its profit will be 114.28 million yuan, its investment payback period will be 5 years (after the tax, including the construction period of 1 year) and its investment profit rate will be 28.5%.

Note: “10 thousand yuan” in the table is in RMB.

1.4.2 Social evaluation

Improving the quality of social life: The application of multispectral chips can greatly enhance people’s quality of life and convenience. For example, intelligent products such as smartphones, smart homes, and smart transportation can achieve more accurate environmental perception and user interaction by integrating multi-spectral chips, improving the comfort and convenience of life.

Promoting industrial upgrading and transformation: In the manufacturing industry, the application of multi-spectral chips can promote the intelligence and automation of the industry, improve production efficiency and quality, and promote sustainable development of the industry. For example, in intelligent manufacturing and automated production lines, multi-spectral chips can help achieve more accurate detection and control, reduce human errors, and improve overall production efficiency.

Narrowing the digital divide: The development and application of multi-spectral chip technology can help narrow the digital divide, enabling more regions and groups to enjoy the convenience and opportunities brought by digitization. By popularizing and applying multi-spectral chip technology, the digitalization level of remote areas and vulnerable groups can be improved, promoting the comprehensive development of society.

Promoting the development of related industries: The development of multi-spectral chip projects will drive the growth of related industrial chains, create new employment opportunities, alleviate employment pressure, and promote social stability. In addition, the application of multi-spectral chips can also promote the development of education, scientific research and other fields, and enhance the overall level of education and research capabilities.

1.5 Cooperative way

Sole proprietorship, joint venture or cooperation

1.6What to be invested by the foreign party

Funds, and other methods can be discussed in person.

1.7 Construction site of the project

Changchun Jingyue New and High-tech Zone

1.8 Progress of the project

The project proposal has been prepared.

2. Introduction to the Partner

2.1 Unit basic information

Name: Changchun Jingyue New and High-tech Industrial Development Zone

Address: 1572 Fuzhi Road, Changchun Jingyue New and High-tech Industrial Development Zone

2.2 Unit overview

Changchun Jingyue New and High-tech Industrial Development Zone (hereinafter referred to as Jingyue New and High-tech Zone) was established in 1995, promoted to a national level high-tech industrial development zone in 2012, and approved as a national independent innovation demonstration zone in April 2022. Located in the southeast of Changchun City, with a regional area of 478.8 square kilometers and a built-up area of 62.5 square kilometers, it has jurisdiction over 3 integrated towns and 7 street offices, 35 villages, 39 communities, and a population of 408700. It has successively obtained national titles such as National Service Industry Comprehensive Reform Pilot Zone, National E-commerce Demonstration Base, National Advertising Creative Demonstration Park, National Modern Service Industry Digital Media Industrialization Base, National Information Consumption Pilot Zone, National Cultural and Technological Integration Demonstration Base, and National Smart City Pilot. In 2022, the gross domestic product (GDP) of the entire region reached 43.26 billion yuan, and the district level fiscal revenue from the general public budget was 619 million yuan.

1. Advantage resource situation

Firstly, the ecological environment is superior. It is the ecological core area of Changchun City, with the largest artificial forest in Asia, with a negative oxygen ion content of up to 20000 per cubic meter, which is 400 to 500 times that of the urban area. The forest and water area is 243 square kilometers, accounting for 51% of the total area of the region, and is known as the “peaceful land in the bustling city”. The second is the enrichment of scientific and technological innovation resources. There are 11 colleges and universities, 476 national high-tech enterprises, 29 national key laboratories, 43 technology centers above the provincial level, 44 technology transfer institutions at all levels, and nearly 40000 front-line scientific researchers in the region. With 36 incubation carriers, a total incubation area of 316000 square meters, and 979 incubating enterprises, it is an important talent cultivation, experimental research and development, and achievement transformation base in Changchun City. Thirdly, there are abundant cultural and tourism resources. It has three 5A level scenic spots, namely, Jingyuetan National Forest Park, Puppet Manchu Palace Museum, and Changchun Movie Wonderland, as well as 12 professional exhibition halls including Vasa Museum, Agricultural Expo Park, and three provincial museums. It regularly holds 14 international events such as Vasa International Cross-country Skiing Festival, Jingyuetan Forest Marathon, and Jingyuetan International Forest Mountain Bike Marathon, and has been recognized as one of the first provincial-level comprehensive tourism demonstration areas.

2. Development status of the leading industries

The digital economy, film and television tourism, and modern service industry are the three leading industries. The digital economy industry is a cluster of digital economy industries in the province and the core area of digital economy development in the city. It has planned a digital economy industrial park with an area of nearly 4 million square meters and is being constructed in stages. The starting area has attracted many high-quality enterprises such as JD Technology, Digital China, and Dongshu Technology to settle in. The ongoing projects in the core area, such as Changfa Computing Power Center and Jingyue Future City, are accelerating the consolidation of the computing power “base” and introducing leading enterprises such as NetEase, Unicom, and Xiangyun. Qiming Information and WCT have been included in the list of digital transformation system solution service providers for industrial enterprises in the city, initially realizing digital empowerment of the primary, secondary, and tertiary industries, serving the government, service enterprises, and people's livelihood. The film and television cultural tourism industry, in collaboration with Wanda, aims to build an international film city project, with high standards for film and television shooting, film and television cultural tourism, film and television headquarters, digital film and television, film and television education, and film and television incubation “six major bases” located in key projects such as Wanda Studio, Golden Hall, and Wanda Plaza; Collaborate with Changying to build Changying headquarters and anti-Japanese themed film and television shooting locations, with a focus on creating a dual IP of “Wanda+Changying”. The implementation of the 5A level scenic spot upgrade project for Jingyuetan has been launched, and the Digital Intelligence Innovation Laboratory of Puppet Manchu Palace Museum has been selected as one of the top ten innovative development capabilities for cultural relics tourism scenic spots in China. The modern service industry has attracted leading enterprises such as Northeast Securities, FAW Finance Co., Ltd., and Jilin Agricultural Investment Co., Ltd. to settle in, and has initially formed the backbone support of Jingyue Financial Service Center. It will accelerate the transformation of agricultural scientific and technological achievements, and the new development model of “Internet+agriculture+finance” of the “Bean Industry Cloud” supply chain digital intelligence industrial park and “Jilin Meat Cloud” Internet trading platform is running well. It will make every effort to build a construction industry building, introduce support policies for the construction industry, and attract construction enterprises to settle in. Currently, there are 23 intended enterprises to settle in, and 13 enterprises have completed registration in the zone, with an expected construction area of 13000 square meters.

2.3 Contact method

Contact person: Zhang Fan

Tel: +86-431-80767926

E-mail: 657554662@qq.com

Contact method of the city (prefecture) where the project is located:

Contact unit: Changchun Cooperation and Exchange Office

Contact person: Zhang Junjie

Tel: +86-15704317930

Fax: +86-431-82700590

E-mail: xmc82763933@163.com