According to Securities Times, on August 30th, Xinqi Micro's Phase 2 factory construction project was successfully topped out. The Phase 2 project of Xinqi Micro is mainly used for the deepening and expansion of the application of direct writing lithography equipment industry, the industrialization of IC carriers and similar carriers for direct writing lithography equipment, as well as the independent research and development of key subsystems and core components. It is expected that the Phase 2 factory area will be completed and put into operation in mid-2025, at which time the Phase 1 and Phase 2 factory areas will be integrated into a single integrated research and capacity delivery center.