The total investment is nearly 50 billion! Xiamen new generation display panel production line project started

Fujian Province started the construction of 265 major infrastructure, industrial development, and social undertakings on the 18th, with a total investment of 195 billion yuan, which sounded the province's slogan of forging ahead to accelerate the construction of major projects.

It is understood that the key projects that the province has started intensively include the Fuzhou Southeast Big Data Industrial Park R & D Center project, Xiamen's next-generation display panel production line project, Zhangzhou Fujian Petrochemical Group's mid-to-downstream industrial chain-chlor-alkali zone relocation and transformation project, Quanzhou Hui'an Chengnan Industrial Park high-end chip project, Sanming high-end equipment industrial park, the first batch of entry projects, Shimenao Chemical New Materials Industrial Park infrastructure project in Xiutao District, Putian, Nanping Taisheng Paper Project, Longyan Shanghang Times Sikang Fluorine-containing new Energy material production projects, Ningde Shouning Sanxiang zirconium-based amorphous alloy projects, etc., a total of 265, a total investment of 195 billion yuan, annual planned investment of 45.7 billion yuan, of which 74 infrastructure projects, a total investment of 33 billion yuan, the industry There were 147 projects with a total investment of 142.3 billion yuan and 44 social undertaking projects with a total investment of 19.7 billion yuan.

Yu Weiguo, the secretary of the Fujian Provincial Party Committee, said that all parts of the province should further create a strong atmosphere of "learning and catching up with projects and concentrating for development", and go all out to grasp the start of major projects and build and put them into production and reach production as soon as possible At full production, the losses caused by the epidemic will be taken back, and the "double victory" of epidemic prevention and control and economic and social development will be seized.

In 2019, Tianma Company announced that Xiamen Tianma Microelectronics Co., Ltd., a wholly-owned subsidiary, and the Xiamen Municipal Government designated a funder to jointly invest in the construction of a 6th generation flexible AMOLED production line project with a total investment of no more than 48 billion yuan or equivalent foreign currency. The designed production capacity of the project is to process 48 thousand flexible display substrates (substrate size 1500mm * 1850mm) per month, and the construction period is expected to be 30 months. The capital of the project is 27 billion yuan, of which 85% of the capital invested by the Xiamen Municipal Government designated a total of 22.95 billion yuan; its designated funder will contribute 15% of a total of 4.05 billion yuan, and the remaining approximately 21 billion yuan will be applied to the bank by the joint venture project company loan.

Shen Tianma said that the company's cooperation and establishment of a joint venture project company to invest in the construction of a sixth-generation flexible AMOLED production line project in Xiamen will further enhance the company's market position in the small and medium-sized high-end display, especially the AMOLED field, and help the company improve its business layout Seize the opportunity of rapid development of the AMOLED industry and accelerate the realization of the strategic goals of leading companies in the global display field. The cooperation with the Xiamen Torch High-tech Zone Management Committee this time will give full play to the local government's advantages in policy support and resource integration, and will be conducive to the smooth implementation of this project.