Feilihua Announces ¥300 Million Fundraising for 1,000-Ton Quartz Electronic Yarn Production Line
Source:China Composites Expo
2025-10-20 09:25:34
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原文:http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16597.htmlOn October 13, Hubei Feilihua Quartz Glass Co., Ltd. announced plans to raise up to 300 million yuan through a private placement. The net proceeds will be fully allocated to the Phase I construction of an intelligent manufacturing facility for quartz electronic yarn.
Quartz electronic fabric, produced from quartz electronic yarn, serves as a preferred material for high-frequency copper-clad laminates (CCL) due to its exceptional properties: an ultra-low dielectric constant, minimal dielectric loss, high temperature resistance, and extremely low thermal expansion coefficient. These characteristics make it particularly suitable for high-end applications such as AI servers, data center switches, 5G/6G RF base station modules, and advanced packaging substrates, where it helps maintain signal integrity and stability during high-speed transmission.
With ongoing advances in artificial intelligence, requirements for printed circuit boards (PCBs) used in AI servers and chip packaging have become more stringent—demanding higher layer counts, faster signal speeds, and greater stability. This has driven growing demand for high-performance electronic fabrics, including low-dielectric-constant quartz cloth.
Feilihua stated that the project will further expand the company’s production capacity for quartz electronic yarn, strengthening its integrated competitive edge in both quartz yarn and fabric. Leveraging years of expertise in quartz fiber manufacturing, the initiative will secure a stable supply of high-performance raw materials for downstream quartz fabric production. It will also raise the proportion of high-end product capacity to meet rising demand from AI servers, 5G communications, and other emerging sectors. In addition, expanded production capacity is expected to shorten delivery cycles, enhance supply reliability for key customers, and help consolidate the company’s position in the industry.
According to the announcement, the project will add an annual production capacity of 1,000 tons of quartz electronic yarn. It will be implemented by Feilihua’s wholly-owned subsidiary, Hubei Dingyi New Material Co., Ltd., with a total investment of 624 million yuan—including 300 million yuan from the raised funds. The project is projected to achieve a post-tax internal rate of return (IRR) of 20.72%, with a post-tax payback period of 5.93 years, including the construction phase.
文章来源:http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16597.html