Core Viewpoint - Hunan Chuangpu Open Technology Co., Ltd. is advancing its Phase III project construction, expected to be completed by the end of November 2023, which includes new production lines for flexible OLED and electronic paper displays [2][3]. Company Overview - Chuangpu Open was established in 2020 and focuses on the new display industry, with main business activities including the R&D, manufacturing, and sales of TFT-LCD modules, flexible OLED displays, touch screens, backlight sources, and related electronic components [3]. - The company also provides industrial automation equipment and import-export trade services, with applications in mobile phones, smart wearables, automotive, smart home, and digital products [3]. Production Capacity and Financial Growth - Since its establishment in Xiangxiang, the production capacity of Chuangpu Open has expanded significantly, increasing from 8 production lines to over 200 lines, and annual output value has risen from 400 million to 3.8 billion yuan [6]. - The expected annual production capacity after the completion of the new project is 700,000 pieces for flexible OLED displays and 1.8 million pieces for electronic paper displays [3].

Core Viewpoint - The establishment of a flexible OLED display production base in Xiangxiang City, Hunan, by Shenzhen Chuangpu Investment Holdings, signifies a significant investment in the electronic information industry, aiming to enhance production capacity and contribute to the local economy [1][2]. Group 1: Project Overview - The flexible OLED display production project has a total investment of 1 billion yuan and plans to build 15 production lines in the Xiangxiang City Electronic Information Industry Park [1]. - The project land acquisition has been completed, and the company has expanded its production capacity from 8 lines in 2020 to over 200 lines currently, with annual output value increasing from 400 million yuan to 3.8 billion yuan [1]. Group 2: Company Profile - Hunan Chuangpu Kaiye Technology Co., Ltd. is primarily engaged in the production of LCD display modules, with applications in mobile phones, smart wearables, automotive, smart home, and digital products [1]. - The company operates on a factory area of nearly 80,000 square meters, with a monthly production capacity exceeding 20 million LCD displays [1]. Group 3: Future Plans - In 2025, the company plans to initiate the third phase of construction on the purchased 42 acres of land, focusing on capacity expansion, production line upgrades, chip research and development, and the production of upstream and downstream supporting products for LCD displays [1]. Group 4: Industry Impact - In 2024, the electronic information and smart terminal industry chain in Xiangtan is expected to achieve a year-on-year output value growth of 55.7%, with over 70 large-scale enterprises [2]. - The introduction of the flexible OLED display project will further enhance the new display product system in the region [2].