On April 5, IT Home announced that at the 2009 Guangzhou International Investment Annual Conference, which opened on April 4, the co-president of Ziguang Group, Yu Yingtao, said that Ziguang Group would build the southern headquarters of Ziguang Group in Guangzhou, and establish 5G Research Institute and innovative infrastructure base. In addition, Guangzhou storage chip base will be built. It is understood that Ziguang, Guangzhou High-tech Zone and Huangpu District signed the cooperation framework agreement of Ziguang Guangzhou Storage Series Project. In this agreement, Violet Light will invest 100 billion yuan in Guangzhou in the future to build two wafer factories to produce memory chips. When Ziguang Guangzhou's storage chip base is completed, it will be the fourth storage chip base of Ziguang outside Wuhan, Chengdu and Nanjing. At present, Ziguang has completed the construction of Wuhan storage chip base, while the storage chip bases in Chengdu and Nanjing are still under construction. Once these storage chips are built and put into production, this may change the situation that memory chips such as memory and flash memory in China rely on imports for a long time.