Morita New Materials has been under construction since June 2018, and the first phase of the project has come to an end. It is expected to undergo trial production in October and officially put into production in November. The first phase of the microelectronic materials project covers an area of approximately 50000 square meters, with a factory building area of approximately 20000 square meters. The construction of auxiliary buildings、analysis buildings、automated warehouses、boiler rooms、distribution rooms, and other facilities has been completed. The advanced foreign equipment introduced in the production workshop has been basically in place and has smoothly entered the installation stage. The rainwater and sewage diversion and environmental protection treatment facilities project has also entered the installation and commissioning stage. The internal management system, production process system, quality control system, marketing service system, and information collection system of the company have gradually been established, making full preparations for applying for high-tech enterprises.

General Manager Hu Faxiang said, "After the completion of the first phase of the project, it represents a significant step forward for Morita New Materials on a stable development foundation, and also promotes the good development trend of major industrial projects in Zhejiang Province, making important contributions to the new materials industry