2024-05-23
InvesTaiwan today (23rd) approved the additional investment of 3 SMEs in Taiwan, including Chyi Ding Technologies Co., Ltd., Yongyi Food Co., Ltd., and Young Ching Industry Co., Ltd. To date, the Three Major Programs for Investing in Taiwan have attracted over NT$2.2777 trillion in investments from 1,487 companies, and are expected to create 151,836 domestic employment opportunities. Of which, the Action Plan for Accelerated Investment by SMEs has attracted approximately NT$464.2 billion in investments from 987 SMEs, creating 36,314 domestic employment opportunities; applications from 19 companies are still pending review.
Chyi Ding Technologies Co., Ltd. is a customized precision equipment manufacturer that engages in professional clean air conditioning, micro-pollutant removal monitoring, and energy-saving projects. It leads the world in temperature control technology (temperature control accuracy reaching ± 0.01℃) and airborne molecular contamination (AMC) removal technology, and is able to provide customers with the best process environment. Chyi Ding Technologies focuses on the development of photolithography process environment monitoring and circular economy applications in the semiconductor and optoelectronic industries. Its customers include the world's top ten semiconductor manufacturing plants and packaging and testing plants. After applying for the Action Plan for Accelerated Investment by SMEs and investing in a new plant in 2019, due to the increasing number of purchase orders, the company plans to expand the second phase of the plant in Fengshan Industrial Park in Hsinchu, install AIoT equipment, collect production information in real-time to improve management efficiency, and install solar photovoltaic facilities. It will also establish a rainwater recycling system and use air pollution prevention technology, in hopes of achieving 100% renewable energy use before 2030. The investment amount is approximately NT$600 million and will create 90 domestic employment opportunities.
Yongyi Food Co., Ltd. mainly produces biscuits and pastries. Its founders and shareholders have worked in baking-related industries for many years, and were optimistic about the business opportunities of outsourcing production of souvenirs. Coupled with the development of e-commerce platforms and delivery services, the company decided to engage in professional OEM and ODM services for snacks and seasonal souvenirs. It plans to recruit 43 domestic employees and invest more than NT$80 million in the Nantou Nangang Industrial Park to set up automated smart production lines, adopt low-carbon energy-saving equipment and implement digital management, hoping to produce high-quality and delicious food with the flavor of Taiwan's local ingredients in an efficient and eco-friendly way, and gradually move towards creating its own brand.
To solve the problem of residual blast furnace slag, a by-product of the smelting process in steel plants, Young Ching Industry Co., Ltd. invested in the R&D blast furnace slag recycling and reuse, and became the first professional quenched blast furnace slag grinding plant in Asia, producing low-carbon and high-value blast furnace slag powder and slag cement, which partially replace the use of cement and be used for ground improvement. This will improve construction quality and reduce the mining of natural minerals. After Young Ching Industry applied for the Action Plan for Accelerated Investment by SMEs in 2020, it plans to further increase production and efficiency and will invest NT$350 million to build a production line in the Kaohsiung plant, use low-carbon emission smart equipment, build a network of all equipment, monitor systems and mobile control panels in real time, and recover and reuse heat from processes for energy conservation and carbon reduction. The investment project will promote the development of green building materials in Taiwan and create the paradigm for circular economy in industries.
Spokesperson of InvesTaiwan: Acting COO Chen Ming-Chu
Telephone: 02-2311-2031 Ext. 802
Mobile Phone: 0938-637-901
Email: nicole@invest.org.tw
Source： Department of Investment Promotion, MOEA
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