Core Viewpoint - The article highlights the launch of the second phase of the ultra-thin substrate production line by Longhai Glass, which is expected to significantly contribute to the global new display industry by providing essential materials for production [1][3]. Group 1: Company Overview - Longhai Glass, a subsidiary of Kaisheng Technology, has initiated a project with a total investment of approximately 660 million yuan, aiming for an annual production capacity of 17 million square meters of ultra-thin electronic glass [3]. - Kaisheng Technology's main products include flexible foldable glass (UTG), ultra-thin electronic glass, ITO conductive film glass, and integrated touch modules, indicating a comprehensive display industry chain [3]. Group 2: Financial Performance - In 2024, Kaisheng Technology reported a revenue of 4.894 billion yuan, a year-on-year decrease of 2.32%, while the net profit attributable to shareholders increased by 30.76% to 140 million yuan [3]. Group 3: Industry Development - The successful production of the world's first 8.6-generation OLED glass substrate by the research institute under China National Building Material Group marks a significant advancement in OLED display technology, supported by national key research projects [3].