Recently, Japan's RS Technologies Group signed an agreement to establish its China Investment Headquarters in Xiamen, with a planned registered capital of approximately $65 million. Founded in 2011 by Chinese-Japanese entrepreneur Fang Yongyi, RS Technologies went public on the Tokyo Stock Exchange in 2015. In 2023, the group achieved a revenue of 50 billion yen, with 1,800 employees; its silicon wafer recycling business, generating about 20.5 billion yen, holds a 33% global market share, ranking first worldwide. The new China Investment HQ in Xiamen will focus on new investment management, settlement, and R&D activities for the mainland. It also plans to prioritize establishing production bases in Xiamen for manufacturing, M&A in related industries, and advanced technology enablement. RS Technologies expressed confidence in Xiamen's investment prospects and aims to expand cooperation in semiconductors, new energy, and other sectors, accelerating the landing of more projects to contribute to Xiamen's high-quality development.
