WitsView睿智显示·2025-06-11 09:45Core Viewpoint - The article highlights the recent completion and production launch of Zhejiang Dongfang Kema Electronic Co., Ltd.'s new base in Vietnam, emphasizing its significance in the electronic paper display industry [1]. Group 1: Company Overview - Dongfang Kema focuses on the design, research and development, production, and sales of electronic paper devices and modules, operating four manufacturing bases, including two in Jiaxing, Zhejiang, one in Dalian, Liaoning, and one in Vietnam [4]. - The company submitted an IPO application to the Shanghai Stock Exchange in June 2023, aiming to raise 600 million yuan for capacity expansion, but withdrew the application in May 2024 [4]. Group 2: Production Capacity and Financial Performance - The new Vietnam facility covers an area of 13,237 square meters, employs 400 staff, and is expected to achieve an annual production capacity of 20 million electronic paper displays, generating an estimated annual output value of approximately 20 tons [2]. - Dongfang Kema's revenue from 2020 to the first half of 2023 showed a growth trend, with figures of 477.24 million yuan, 863.52 million yuan, 1.21 billion yuan, and 628.72 million yuan respectively, while net profits for the same period were 68.69 million yuan, 89.11 million yuan, 91.88 million yuan, and 43.13 million yuan [4]. Group 3: Industry Context - Another player in the electronic paper sector, BOE Technology Group, also commenced mass production of its electronic paper project in Vietnam, with a total investment of 2.02 billion yuan, capable of producing over 50 million electronic paper terminals annually [5][6].