Lg Display Optoelectronic Technology (China) Co., LTD

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LG Display Optoelectronics Technology (China) Co., LTD. (hereinafter referred to as "LG Display Optoelectronics") is a subsidiary of LG Display Co., Ltd.(占股68.8%), LG Display (Guangzhou) Co., LTD. (holding 1.2%), jointly funded by Guangzhou High-tech Zone Science and Technology Holding Group Co., LTD. (30% of the shares), the registered capital of the companyThe company's main project category is computer, communication and other electronic equipment manufacturing, mainly engaged in the production and sales of large-size OLED flat panel display。The company was founded on July 11, 2018, and the company's operating term is 50 years。

Lg Display Optoelectronics plans to invest 46 billion yuan in the construction of an 8.5 generation organic light-emitting diode (OLED) display device production line, located in Guangzhou High-tech Industrial Development Zone Science City Kaitai Avenue 57, the project covers an area of 190,000 square meters, construction area of 950,000 square meters。The designed production capacity of the project is 90,000 pieces of glass substrate processing capacity per month, 16,656 sets of process equipment were purchased, and the foreign exchange value of imported equipment was $435,538 million, mainly producing 77-inch, 65-inch and 55-inch OLED panels。The first phase of investment is 30 billion yuan, 2018The equipment was moved in October and officially put into production in August 2019, with a monthly production capacity of 60,000 pieces;The second phase, with an investment of 16 billion yuan, is planned to be put into production in 2021, increasing the monthly production capacity by 30,000 pieces。The main products are 55-inch, 65-inch, 75-inch super large OLED panels。

It is expected that after the completion of all projects, the output value can achieve about 20 billion yuan。After LG Display Optoelectronics Technology (China) Co., Ltd. is put into operation, it is expected to achieve an operating income of 15 billion yuan in 2020。