In order to seize the market opportunity and expand the middle and high-end market of SMD crystal products such as consumer electronics, mobile communication, security monitoring and Internet of Things, the company has decided to implement the smart iot micro SMD crystal project, which will be constructed in two phases. Since the construction of the project started at the end of 2020, Fenghua Company has earnestly implemented the decision and deployment of the company. According to the project schedule, it has done a good job in equipment selection, installation and commissioning, market development, production organization and other works, and successfully completed the construction tasks of the first phase of the project in July. In August, Fenghua Company achieved the production capacity of 23 million SMD crystal products, among which the first-phase project increased the sales volume of 8 million, successfully reached the production, production and sales matching. At present, the construction of the second phase of the project is being actively promoted according to the plan.
After the completion of this project, the monthly production capacity of Fenghua's SMD crystal products will be increased to 31 million, which will promote the production capacity of Fenghua's SMD crystal products, promote the development of products to miniaturization, better meet the growing needs of high-quality end customers, and provide strong production capacity and technical support for developing more large end customers in the future.