Core Viewpoint - Tianshan Electronics has approved the use of approximately 188.43 million yuan of remaining funds from its initial public offering to invest in new projects, including a vehicle LCD display module production line and a comprehensive capability enhancement project at the Tianshan Electronics Tanwei Park [1][2]. Investment Projects - The total investment for the vehicle LCD display module production line project is planned at 115.78 million yuan, fully funded by the raised capital. The project aims to enhance production capacity and meet the growing demand from major clients like BYD [4][5]. - The vehicle LCD display module production line is expected to add an annual production capacity of 25.35 million pieces, focusing on high-value products and responding to the demand for intelligent and large-screen products in the automotive sector [5][6]. - The comprehensive capability enhancement project has a total planned investment of 110.87 million yuan, with 72.65 million yuan from raised funds and 38.22 million yuan from the company's own funds. This project aims to improve operational capabilities and competitiveness through smart warehouse construction and production facility upgrades [7][8]. Market Context - The global demand for vehicle displays is surging, leading to a rapid increase in orders for Tianshan Electronics. The current production capacity is insufficient to meet the large-scale delivery requirements of major clients, necessitating the expansion of production lines and storage facilities [2][3]. - Tianshan Electronics has established itself as a key supplier in the domestic vehicle display market, covering a wide range of products from 3.5 to 17.3 inches and producing modules for various automotive applications [6].
2.27亿，天山电子拟建车载液晶显示模组生产线等项目