Dongxu Optoelectronics Construction Project of 8.5 Generation TFT-LCD Glass Substrate Production Line
2016-02-24 00:00
As of the end of 2015, there were 8 8 in mainland China. The 5th generation LCD panel line has been mass-produced, and there are still 3 under construction. China has become the 8th largest in the world. The 5th generation LCD panel producer is expected to surpass South Korea in panel shipments in mainland China by 2017, becoming the world's first. According to the 8th in the country. 5 generations of panel production capacity statistics and forecast data, until the domestic panel production line is fully produced, only the 8th in China. The demand for 5-generation TFT-LCD glass substrates can reach more than 20 million pieces/year, and the demand area exceeds 0.1 billion square meters/year. With the continuous release of China's panel production capacity, the domestic 8th. The market demand for the fifth generation of TFT-LCD glass substrates will gradually increase.
Dongxu Optoelectronics (000413) issued a fixed increase plan, the company intends to not less than 6. 36 yuan/share non-public offering does not exceed 10. 9.3 billion shares, the total amount of funds raised does not exceed 69. 0.5 billion yuan, after deducting the issuance fee, is intended to be used for the construction of 8th. 5 generation TFT-LCD glass substrate production line project. The company's shares will resume trading on February 15.
The announcement shows that 8. 5 generation TFT-LCD glass substrate production line project total investment 69. 5.9 billion yuan, will build 3 article 8. 5 generations of TFT-LCD glass substrate production line, after the completion of the project, can achieve an annual output of 8. 5 generation TFT-LCD glass substrate 5.4 million pieces of production capacity, glass substrate size is 2200mm * 2500mm * 0. 5mm. The project is expected to achieve an average annual sales revenue of 26 after delivery. 3.2 billion yuan, the average annual profit after tax is 9. 0.5 billion yuan, after tax internal rate of return of 16. 49%.
At present, the 6th generation of large-size liquid crystal glass substrates are all produced by foreign manufacturers, the domestic supply market is still in a blank, therefore, if the 8th. The successful mass production of the 5th generation glass substrate production line will help the company to upgrade its product structure, enhance its industry competitiveness and sustainable development capabilities, and will greatly improve the company's industry bargaining power and product coverage capabilities for downstream panel customers. It will help consolidate the company's leading position in the domestic glass substrate market.
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2016-03-15
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