On August 1, Yingtang Zhikong (300131.SZ) issued an announcement stating that it intends to co-invest with Shenzhen Pacific to set up Huizhou Yingtang Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Yingtang Optoelectronics", the actual name is subject to industrial and commercial registration) Among them, the company invested 75 million yuan, Shenzhen Pacific invested 25 million yuan.
The announcement shows that the business scope of Yingtang Optoelectronics is the research and development, production and sales of glass covers (including curved glass covers), glass protective films, optical glass lenses, glass products, ceramic covers, plastic covers, optical films and products; other Optoelectronic related materials, software technology development, production and sales, trade and import and export.
According to the announcement, after years of development, the glass cover has extended from the original 2D to the arc surface 2.5D, the market has gradually become saturated, the growth rate of mobile phone shipments has been slow, competition between glass cover manufacturing companies has become increasingly fierce, and products are of the same quality. The phenomenon is serious. With the replacement of flexible OLEDs with LCDs, the proportion of flexible display screens has increased significantly, and 3D glass can perfectly fit with curved screens, and is beautiful, thin, and good in texture. The widespread use of 3D curved glass has increased manufacturers' New profit growth points.
Yingtang Zhikong said that the construction of this investment project has achieved the efficient coordination between the original business and the new business through the purchase of advanced production equipment and testing equipment, the construction of a new 3D curved glass production line, and the layout of the 3D curved screen area. This investment will leverage the “integrated research and development of 3D glass hot bending equipment + supporting hot bending molds + product technical parameters + professional technical management team” to integrate technology and production capacity advantages to develop and meet the needs of industry applications for 3D glass. Integrate the industrial chain and optimize the product structure.