# Rainbow shares to build G8.5+ glass substrate production line in Xianyang

Rainbow shares (600707.SH) plans to invest CNY 9.101 billion to build a G8.5+ glass substrate production line in Xianyang, Shaanxi, with an annual capacity of about 5.8 million sheets. The project will be implemented by a newly established wholly-owned subsidiary.

- Type: New facility
- Announced: 2021-09-16
- Where: Xianyang, Shaanxi, China
- Value: $1.41B (9.10B CNY)
- Status: announced
- Capacity: 5.8 million sheets per year
- Products: G8.5+ glass substrate
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Rainbow shares](https://endata.com/companies/57765.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/561619.html), 2021-09-16: "本项目达产后，年产G8.5+基板玻璃约580万片。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
