On the evening of November 28, BOE A (000725) announced that with the large-scale application of AMOLED display products in mobile phones, wear and other fields, and continue to penetrate into the field of small and medium-sized display, AMOLED products will gradually become the mainstream trend. In order to meet the market demand, on the basis of full research and demonstration, the company intends to reproduce phase I with the investment platform designated by Chengdu High-tech Zone and invest in the construction of BOE 8.6gen AMOLED production line project in Chengdu High-tech West District, Sichuan Province. The total investment of the project is 63 billion yuan.
Basic Information of the Project
1. Project name: BOE 8.6gen AMOLED production line Project
2. Project Company: Chengdu BOE Display Technology Co., LTD.
3. Construction Location: High-tech West District, Chengdu, Sichuan Province
4. Floor area: 925,200 square meters (1,388 acres of contract)
5. 2290mm×2620mm;
6, design capacity: 32,000 pieces/month glass substrate input.
7. Main products: The products of this project are mainly positioned in high-end touch display screens such as laptops/tablets, and mainly focus on medium-size OLED IT products.
8. Labor quota: about 8200 people were added.
9. Total investment and sources of funds: The total investment of the project is 63 billion yuan (the final investment amount is subject to the approved feasibility study report). The registered capital of the project company is 38 billion yuan, of which BOE raised 19.994 billion yuan, reproducing phase I raised 9.003 billion yuan, and Electronics company raised 9.003 billion yuan. The difference between the total project investment and the registered capital is partially solved through external financing of the project company.
10. Project construction cycle: The project will be constructed in two phases with a cycle of about 34 months.
Overview of the Project Company
1, Company name: Chengdu BOE Display Technology Co., LTD.
2, Company type: other limited liability company
3, Date of establishment: June 24, 2022
4, Registered capital: 10 million yuan (each shareholder will increase the capital in equal proportion to 38 billion yuan)
5, registered address: No. 1188 Hehe Road, Chengdu High-tech Zone
6, Legal representative: Liu Xiaodong
7, Business scope: General projects: technical service, technology development, technology consulting, technology exchange, technology transfer, technology promotion; Display device manufacturing [branch operation]; Display device sales; Electronic components manufacturing [branch operation]; Electronic components wholesale; Other electronic device manufacturing [branch operation]; Import and export of goods; Technology import and export; Enterprise management consulting; Property management; Non-residential real estate leasing; Machinery and equipment rental. (Except for the projects subject to approval according to law, the company shall independently carry out business activities according to law with the business license)
Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.
Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.
Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.
He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.
Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .