Core Viewpoint - The company, Visionox, has signed an investment cooperation agreement to establish the Kunshan Global New Display Industry Innovation Center, with a total investment of RMB 5 billion aimed at advancing new display and semiconductor technologies [1][2][3] Group 1: Project Overview - The project will focus on developing advanced display technologies, including flexible AMOLED, and will also explore the commercialization of perovskite and glass substrates in the semiconductor field [2] - The project is located at the intersection of Qiantangjiang Road and Qianjin East Road in Kunshan [2] - The total investment for the project is RMB 5 billion, with a registered capital of RMB 2 billion, where Visionox will contribute RMB 1.002 billion, holding a 50.1% stake [1][3] Group 2: Strategic Importance - The investment aims to enhance the innovation of display technologies, facilitating the penetration of AMOLED in various applications such as consumer electronics, automotive displays, and virtual reality [2] - The collaboration is expected to foster the incubation of new display industry chains and semiconductor technology research, contributing to the transformation of the next generation of electronic information industry clusters [2][3] Group 3: Financial Aspects - Visionox has also announced the establishment of a private equity fund, with a total commitment of RMB 818 million, where the company will contribute RMB 204 million, representing 24.94% of the fund [3] - This fund will invest in Visionox's subsidiary, Kunshan Guoxian Optoelectronics, helping to reduce the company's debt ratio and enhance asset value [3]