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With a total investment of 5.5 billion yuan, construction has begun on the world’s first 3,000-mm ultra-wide‑format polarizer project...

Release date:

2024-07-01 14:41

Source:

On June 26, construction began in Kunshan, Suzhou, on the world’s first 3,000-mm ultra-wide‑format polarizer project—the second phase of Hengmei Optoelectronics—with a total investment of RMB 5.5 billion.

According to reports, Hengmei Optoelectronics’ Phase II facility is capable of producing ultra-large 130-inch displays. Once the project reaches full production capacity, it will add an annual output of 120 million square meters, generate over RMB 6 billion in output value and RMB 500 million in tax revenue, and capture more than 40% of the global market share.

Since establishing itself in Kunshan in 2014, Hengmei Optoelectronics has continuously pursued independent innovation and pushed the boundaries of technological advancement. In 2014, it introduced a 1.5-meter‑wide polarizer production line, effectively alleviating the industry’s reliance on foreign‑supplied critical materials for liquid crystal displays. In 2017, the company made a groundbreaking investment to build the world’s first ultra‑wide 2.5‑meter‑wide production line, sparking a wave of domestic substitution across the polarizer sector.

 

In 2024, construction commenced on the world’s first 3,000 mm ultra-wide‑format polarizer project. With the launch of Phase II, …

Hengmei Optoelectronics’ total investment in Kunming will exceed RMB 10 billion, with a total output value of over RMB 16 billion and a combined tax contribution of nearly RMB 1 billion, making it a model high‑quality established enterprise in our city and a benchmark for capital increases and capacity expansion.

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