Heavy News| Refond Mini / Micro LED Hubei Production Base Ground-Breaking
Jul 26, 2021
Mr. Sun Bing, Secretary of the Ezhou Municipal Party Committee, Ms. Chen Ping, Deputy Secretary of the Municipal Party Committee and Mr. Gong Weibin, Chairman of Refond Optoelectronics, and others attended the ground-breaking ceremony.
The ground-breaking ceremony was presided over by Mr. Hu Lan, Member of the Standing Committee of the Ezhou Municipal Party Committee and Secretary of the Party Working Committee of Gedian Development Zone. At the ceremony, Mr. Gong Weibin, Chairman of Refond Optoelectronics, thanked the Gedian Municipal Government for its strong support and said that Wuhan is the main urban growth pole proposed in the planning of China's "14th Five-Year Plan". Gedian is adjacent to the core business circle of Wuhan, which has an important strategic position. Refond has obvious advantages market resources among the optical core screen industry chain, which has San'an upstream, and leading display companies such as China Star Optoelectronics, Tianma Micro (electronics), and BOE in the downstream. The products cover laptops, tablets, mobile phones, and other applications. As a world-renowned LED packaging company, Refond Optoelectronics has a leading advantage in the field of new Mini/Micro LED displays. On the application side, it maintains in-depth strategic partnerships with some of these companies.
The project requisitioned more than 200 acres of state-owned construction land, with a total construction area of about 270,000 square meters. Among them, the first phase of the project will add about 68.022 acres of land, with an estimated total investment of about 1.5 billion RMB. The construction period will be 12 months, and the construction area will be about 72,200 square meters. It will include full-color LED packaging expansion projects, Mini LED backlight packaging production projects, and the technology research and development center of Micro LED. It is expected to have an annual production capacity of 10105KK of full-color LED products and 20 million Mini LED backlight packaging products. At the same time, the Micro LED technology research center will be built and operated. The operating income will exceed 1.3 billion RMB after the project's first phase can be realized after the completion of production.
Mr. Gong Weibin said Refond Optoelectronics Mini/Micro LED has a wide range of applications in TV backlighting, laptops, wearable devices, car displays, and other fields at the present. While it provides solutions to major international terminal manufacturers and some applications have begun to supply in batches. Based on this, the company is full of confidence in the development prospects of the new Mini/Micro LED display. Investment and production expansion in Hubei on the one hand, "Draw a circle for the optical core screen industry chain", on the other hand, is also to solve and improve the company's current growing Mini/Micro LED production capacity.
Subsequently, Ms. Chen Ping, deputy secretary of the Ezhou Municipal Party Committee and Mayor delivered a speech and stated that the implementation of Ruihua Optoelectronics' new Mini/Micro LED display project is another fruitful achievement in the implementation of the strong chain supplementary chain project in the optoelectronic industry of Gedian Development Zone. After the construction and completion and production of the Big Optoelectronics project, it will effectively integrate the localized "core screen end" core enterprises represented by San'an Optoelectronics, China Star Optoelectronics, and Tianma Microelectronics to achieve upstream and downstream collaboration in the industry chain and local solidification.
This will help Gedian build the foundation for "optical core screen terminal network" industrial clusters, and positive and far-reaching impact on promoting the economic and social development of Ezhou City. It promotes the upgrading and optimization of industrial structure. At the same time, Ms. Chen Ping said that government departments will do their best to provide the highest quality and most convenient service for the project, create a good project construction environment, and realize the new take-off of the optoelectronic information industry in Gedian Development Zone.
After the ground-breaking ceremony, the chairman of Refond Optoelectronics, Mr. Gong Weibin, accompanied Ezhou Municipal Party Committee Secretary Mr. Sun Bing, Mayor Ms. Chen Ping, and other municipal leaders to participate in the Ezhou City Double Recruitment Promotion and Project Concentration Signing Ceremony.