[Lianrui New Materials: Plans to set up a subsidiary to invest in a 1 billion yuan high-performance powder materials project for semiconductor packaging] On October 27, Lianrui New Materials (688300.SH) announced that the company plans to establish a wholly-owned subsidiary, Lianrui New Materials (Sichuan) Co., Ltd., in Shijiaqiao Industrial Park, Jingyan County, Leshan City, Sichuan Province, as the implementation entity of the "High-Performance Powder Materials Project for Semiconductor Packaging". The project has a total investment of 1 billion yuan and will be constructed in two phases. The first phase investment is about 600 million yuan. After completion, it will have an annual production capacity of 30,000 tons of spherical inorganic powder for semiconductor packaging. The newly established subsidiary has a registered capital of 150 million yuan, and the funding sources are its own funds, bank loans and self-raised funds.