该公司成立于2014年5月，法定代表人为陈融圣，经营范围包括从事研发、制造偏光板、光学功能膜、 光学补偿膜显示屏材料等。股东信息显示，该公司由奇美材料科技投资有限公司、福州新投诺延投资合 伙企业（有限合伙）、昊盛（昆山）投资管理有限公司等共同持股。 天眼查App显示，12月23日，恒美光电股份有限公司发生工商变更，注册资本由约32.5亿人民币增至约 46.6亿人民币，增幅约43%。 ...

Core Viewpoint - The article highlights significant investments and developments by Huike in the Mini-LED and optical film sectors, indicating a strong commitment to expanding production capabilities and enhancing the supply chain in the display materials industry [1][2][3][4]. Group 1: Mini-LED Projects - Huike's Mini-LED backlight and direct display module project in Liuyang, Hunan, has a total investment of 9 billion yuan and is expected to complete its main structure by January next year [2]. - In addition to the Liuyang project, Huike is advancing Mini-LED projects in Mianyang and Nanchong, Sichuan, with a 5 billion yuan investment in Mianyang for 12 backlight module production lines and 8 direct display module production lines, projected to generate an annual output value of 7 billion yuan [3]. - A 10 billion yuan full-color M-LED chip base project in Nanchong is also underway, with an initial capacity of 150,000 pieces per month, aimed at bolstering the local display chip industry [3]. Group 2: Optical Film Production - The high-end optical film production base project in Hefei has completed acceptance checks, marking a significant milestone in the establishment of advanced manufacturing capabilities in this sector [4]. - The Hefei project covers an area of approximately 70 acres and includes the construction of multiple factory buildings, focusing on the production of high-end optical films to enhance the resilience of the supply chain [6]. - A related investment of 4 billion yuan is planned for an OLED new materials project, which will include four production lines for core materials used in optoelectronic displays [6].

Core Viewpoint - Wanhua Chemical is actively expanding its business by establishing new companies in various sectors, particularly in silicone materials and electronic chemicals, to strengthen its market position and enhance its product offerings [2][4]. Group 1: New Company Establishments - Wanhua Chemical has recently established three new companies to diversify its operations across five major industries [2]. - The first company, Hubei Xinghua Silicon Materials Co., Ltd., was established on June 19, 2025, with a registered capital of 50 million yuan, focusing on silicon material technology research and industrialization projects [2]. - The second company, Yantai Huaxing Silicon Materials Co., Ltd., was established on July 31, 2025, with a registered capital of 5 million yuan, specializing in high-performance sealing materials and synthetic materials [2]. - The third company, Yantai Wanmei New Materials Co., Ltd., was established on July 25, 2025, with a registered capital of 100 million yuan, focusing on the research and sales of synthetic materials and specialty chemicals [4]. Group 2: Industry Position and Production Capacity - Xingfa Group, a partner of Wanhua Chemical, has a leading position in the electronic chemicals industry, with significant production capacities for electronic-grade phosphoric acid, sulfuric acid, and other chemicals [3]. - As of the end of 2024, Xingfa Group's subsidiaries have established production capacities of 60,000 tons/year for electronic-grade phosphoric acid and 100,000 tons/year for electronic-grade sulfuric acid, among others [3]. - In the silicone materials sector, Xingfa Group has a designed production capacity of 600,000 tons/year for silicone monomers, making it a domestic leader [3]. Group 3: Strategic Collaborations and Market Expansion - Wanhua Chemical has formed strategic partnerships with Xingfa Group to establish several joint ventures in the phosphate chemical industry, enhancing its supply chain for lithium battery materials [4]. - The establishment of Yantai Huaxing Phosphate Chemical Co., Ltd. and other ventures aims to secure key raw materials for lithium iron phosphate production, thereby strengthening Wanhua's position in the battery materials market [4]. - The collaboration with Hefei Xinmei Materials, which acquired LG Chem's polarizer materials business, is expected to accelerate the localization of key optical materials [5].

Group 1: Weishi Electronics - Weishi Electronics has officially launched its high-end backlight display module and smart decorative display panel project in Kunshan, with an expected annual output value exceeding 3 billion yuan upon full production [1] - The company specializes in the research, production, and sales of backlight display modules, liquid crystal display modules, and smart display components, primarily serving mid-to-high-end markets such as automotive, VR, digital cameras, handheld gaming devices, and tablets [4] - In 2024, Weishi Electronics anticipates significant growth in sales of large and curved automotive backlight display modules, alongside a continuous increase in the sales scale of medium and large-sized display products, while actively developing Mini LED technology [4] - For the year 2024, Weishi Electronics reported a revenue of 2,027.35 million yuan, a year-on-year increase of 29.31%, but a net profit attributable to shareholders of 55.98 million yuan, reflecting a year-on-year decline of 52.56% [5] Group 2: New Materials - The New Materials project for optical functional films has officially commenced in Hefei, with a total investment of 4.5 billion yuan, planning to build five internationally leading intelligent display material production lines [6] - Upon completion, the project will have an annual production capacity of approximately 50 million square meters for surface treatment films, 80 million square meters for protective films, and 20 million square meters for PO materials, contributing to the domestic display industry [6] - Earlier in January, New Materials completed the acquisition of LG Chem's optical functional film business for approximately 4.5 billion yuan, which includes production lines and intellectual property in China and South Korea [8] - New Materials is also expanding its operations in Fuzhou, where a polarizer material project is expected to begin trial production of its first production line in August, aiming for an annual production capacity of about 76 million square meters for protective films and 33 million square meters for surface treatment films [9] Group 3: Shaoguang Chip Materials - The Shaoguang Chip Materials project for high-precision semiconductor and high-generation FPD photomask substrate manufacturing has officially broken ground in Changsha [10] - The project will cover an area of 18,718.82 square meters with a total construction area of 26,315.38 square meters, consisting of five buildings including factories and warehouses [11] - Once completed, the project is expected to produce 40,000 high-precision semiconductor photomask substrates and 4,500 high-generation FPD photomask substrates annually, with an estimated annual output value of nearly 1 billion yuan, significantly advancing the upgrade of high-end chip manufacturing and high-generation display manufacturing [11][12]