On September 9, plot III-97, Area A of the Shanghai Songjiang Industrial Zone Comprehensive Free Trade Zone, was publicly sold through the Shanghai Land Exchange Market. Pinejet Semiconductor Co., Ltd. competed for 1.09 million yuan to launch a silicon carbide power module packaging project. The plot has a concession area of 13,400 square meters. The nature of the land use is first-class industrial land. The estimated construction area is 26,700 square meters, with a total investment of about 500 million yuan. It is expected to be completed and put into operation in the third quarter of 2027, with annual sales revenue of about 1 billion yuan after delivery.

On September 9, plot III-97, Area A of the Shanghai Songjiang Industrial Zone Comprehensive Free Trade Zone, was publicly sold through the Shanghai Land Exchange Market. Pinejet Semiconductor Co., Ltd. competed for 1.09 million yuan to land a silicon carbide power module packaging project. The plot has a concession area of 13,400 square meters. The nature of the land use is first-class industrial land. The estimated construction area is 26,700 square meters, with a total investment of about 500 million yuan. It is expected to be completed and put into operation in the third quarter of 2027, with annual sales revenue of about 1 billion yuan after delivery.