WG Tech(SH:603773) Huan Qiu Wang·2025-10-10 06:35Core Insights - The completion of the main structure of the Woge Optoelectronics AMOLED display glass etching project in Chengdu marks a significant step towards mass production with a total investment of 628 million yuan [1][3] Company Summary - The Woge Optoelectronics AMOLED etching project is set to build an automated production facility covering approximately 68,000 square meters, focusing on breakthroughs in glass-based back-end processes [3] - The project aims to enhance panel precision and production efficiency through the company's self-developed ECI technology, which integrates AMOLED glass thinning, through-hole, and cutting processes [3] - Upon completion, the project will provide cost-effective localized support services for BOE's 8.6-generation AMOLED production line [3] Industry Summary - Chengdu High-tech Zone has gathered 58 supply chain enterprises related to BOE and over 100 supporting companies in the Sichuan-Chongqing region, increasing the local supply rate to 49% [3] - The new display industry in Chengdu High-tech Zone is positioned as a core area for high-quality development in the electronic information sector, with a complete industrial chain covering glass substrates, luminescent materials, and terminal applications [3] - The new display industry in Chengdu is projected to achieve an output value of 38 billion yuan in 2024, representing a year-on-year growth of 3% [4] - The Chengdu High-tech Zone aims to further enhance the "circle-building and chain-strengthening" strategy to accelerate the Woge Optoelectronics project and promote the development of the new display industry [4]