On December 8, AGC Co., Ltd. (Asahi Glass) planned to jointly invest 4.87 billion yuan with TCL Huaxing Optoelectronics Technology Co., Ltd. ("TCL Huaxing") to build the 11th generation glass substrate production base project. The project will build two G11 glass substrate rear-stage grinding and processing production lines, with a maximum production capacity of 360,000 pieces/month, and an estimated annual maximum production capacity of 4.32 million pieces after reaching production.