Visionox(SZ:002387) WitsView睿智显示·2025-09-24 06:10Core Viewpoint - The company, Visionox, announced a significant investment of approximately 5 billion yuan to establish the Kunshan Global New Display Industry Innovation Center, in collaboration with Kunshan Weixin [2][5]. Group 1: Project Overview - The total investment for the project is estimated at around 5 billion yuan, which includes approximately 4 billion yuan for equipment, intangible assets, and working capital, and about 1 billion yuan for land and factory construction [5]. - The project will utilize around 60 acres of industrial land and aims to develop a leading flexible AMOLED technology platform, focusing on advanced display technology development and the commercialization of perovskite and glass substrate technologies [5]. Group 2: Investment Structure - The registered capital of the project company, Suzhou Guoxian Innovation Technology Co., Ltd., is set at 2 billion yuan, with Visionox and its designated entities contributing 1.002 billion yuan (50.1%) and Kunshan Weixin and its designated entities contributing 998 million yuan (49.9%) [2][5]. - Following the capital increase, Suzhou Guoxian will remain a subsidiary controlled by Visionox [2]. Group 3: Strategic Importance - This collaboration is expected to drive technological innovation in display technologies, facilitating the penetration of AMOLED in various applications such as consumer electronics, automotive displays, virtual reality, and medical detection [5]. - The project is significant for the development of the new display industry chain and the incubation of semiconductor technology research outcomes, which is crucial for fostering future growth and accelerating the transformation of the next-generation electronic information industry cluster [5].