Total Investment 46.5 Billion! Boe Construction Of The 6th Generation AMOLED Production Line

- Jan 01, 2019-

26 night, Beijing Oriental's announcement, the company with the fuzhou city people's government of the people's government, fuqing city, fuzhou city construction investment group co., LTD., fuqing city, city cast construction investment group co., LTD. (hereinafter referred to as "party a") signed the fuzhou boe 6th generation AMOLED (flexible) production line project investment framework agreement (hereinafter referred to as the "agreement").According to the announcement, boe intends to invest in the construction of a 6th generation AMOLED (flexible) production line (hereinafter referred to as the "project") in fuzhou, fujian province to produce high-end mobile phone display and emerging mobile display products.Party a intends to provide policy and financial support for boe project construction respectively by party a and the investment platform designated by party a;Both parties intend to set up the project company as the investment, construction and operation platform of the project.The project refers to the 6th generation AMOLED (flexible) production line invested and operated by both parties in fuqing city. The size of glass substrate is 1500mm x 1850mm. The designed production capacity is up to 48000 pieces/month for the glass substrate.The total investment of the project is 46.5 billion yuan.In addition, the project company refers to the limited company established in fuqing city according to this agreement, which is mainly responsible for the investment, construction, production and operation of the 6th generation of AMOLED (flexible) production line. The main business scope of the company is research and development, design, production and sales of AMOLED (active matrix organic light-emitting diode) display devices and other electronic components.The registered capital of the project company is 26 billion yuan, of which 14.7 billion yuan is raised by the investment platform designated by party a and 11.3 billion yuan is raised by jingdong.