深纺织A投建偏光片生产线：新产线为何要购买“二手设备”？

Core Viewpoint - Shenzhen Textile (Group) Co., Ltd. plans to invest approximately 1.334 billion yuan to build a new production line for LCD and OLED polarizers, indicating a strategic move to enhance its production capacity despite current market uncertainties [2][6]. Company Summary - Shenzhen Textile's subsidiary, Shenzhen Shengbo Optoelectronics Technology Co., Ltd., will construct a new production line with a width of 1.49 meters and an estimated capacity of 18 million square meters per year [2][6]. - The total investment for the new production line is estimated at 1.334 billion yuan, with a construction period of approximately 23 months [6][7]. - To meet the production needs of the new line, Shengbo Optoelectronics plans to purchase idle equipment from a related party, Hengmei Optoelectronics, for about 179 million yuan (excluding tax) [2][7]. Industry Context - The polarizer market features various production line widths, with the new line being part of a trend towards wider production capabilities in the industry [3][5]. - Competitors like Hengmei Optoelectronics have already launched wider production lines, prompting Shenzhen Textile to enhance its production capabilities to remain competitive [5][6]. - The decision to invest in the new line comes amid a cautious market outlook, with a noted decline in the performance of companies in the polarizer sector [6][12]. Equipment Acquisition - The equipment being purchased is described as "new" despite being previously owned, as it has never been unsealed or used [11][12]. - The acquisition of this equipment is seen as a strategic move to secure necessary production capabilities ahead of the new line's launch [8][10]. Relationship with Competitors - Hengmei Optoelectronics, which holds a 40% stake in Shengbo Optoelectronics, is both a competitor and a partner, raising questions about the dynamics of their relationship [12][14]. - The historical collaboration between Shenzhen Textile and Hengmei Optoelectronics has led to significant advancements in production technology within the industry [12][14].