Core Viewpoint - The completion of the K3 factory's cleanroom renovation marks a significant milestone for the company, enabling large-scale manufacturing of high-end OLED modules, with the factory now in the equipment installation and trial production phase [1][3]. Group 1: K3 Factory Overview - The K3 factory, operated by Jiangxi Xinshi Technology Co., Ltd., has a total investment of 1 billion yuan and is being constructed in two phases: the first phase plans to produce 12 million flexible OLED modules annually with 2 fully automated production lines [3][4]. - The second phase will add the capacity to produce 2.5 million silicon-based OLED display modules per year, also equipped with 2 fully automated production lines [3][4]. - Once fully operational, the project is expected to generate an annual output value exceeding 1 billion yuan, focusing on high-end applications in VR/AR, automotive, and specialized displays [3][4]. Group 2: Product Features and Applications - The K3 factory will primarily produce OLED modules characterized by high resolution, high brightness, low power consumption, ultra-thin design, and long lifespan, targeting next-generation near-eye display devices [3][4]. - The products are intended for diverse application scenarios, including consumer electronics, smart wearables, and automotive displays [3][4]. Group 3: Future Developments - The factory will focus on process optimization and capacity enhancement, aiming to provide innovative display product solutions for global customers through technological advancements [4]. - Additionally, the company announced the successful lighting of its 12-inch Micro OLED production line (K2 project) in December 2025, with a total investment of 1.5 billion yuan and a planned monthly capacity of 4,000 12-inch wafers, primarily for AR/VR/MR applications [4]. - The company's K1 factory in Huainan, Anhui, was completed and put into production in April 2023, with a total investment of 100 million yuan, mainly producing silicon-based OLED micro-displays, flexible OLED smartphone screens, and automotive display modules, with an expected annual output value of 200 million yuan [4].

Core Viewpoint - The company, Chipview, has successfully lit up its 12-inch Micro OLED production line (K2 project), marking a new phase in the commercialization of silicon-based OLED products [1]. Group 1: Product Details - The newly lit product features a screen size of 0.49 inches, a resolution of 1920x1080, and a full-color brightness exceeding 3000 nits. After passing reliability tests, it will soon be supplied in bulk to customers [2]. - Chipview specializes in the research and development of silicon-based OLED microdisplay technology, providing silicon-based OLED microdisplay devices and flexible AMOLED display modules for various applications, including VR/AR, electronic viewfinders, special applications, automotive, and mobile portable smart devices [2]. Group 2: Production Capacity and Investment - The company has invested 100 million yuan in its K1 factory located in Huainan, which began production in April 2023, primarily manufacturing silicon-based OLED microdisplays, flexible OLED smartphone screens, and automotive display modules, with an annual output value expected to reach 200 million yuan [2]. - The K2 project has a total investment of 1.5 billion yuan, with the first phase starting construction in June 2023 in Huainan, aiming for a monthly production capacity of 4,000 12-inch wafers, mainly for Micro OLED microdisplays used in AR/VR/MR applications [2]. - Additionally, Chipview is expanding its capacity with the establishment of the K3 factory in Fengcheng, Jiangxi, which was officially set up in November this year [2]. Group 3: Future Plans - The company plans to invest 1 billion yuan in a project focused on high-end OLED module manufacturing, which will be executed in two phases: the first phase aims for an annual production of 12 million flexible OLED modules with two fully automated production lines, while the second phase targets 2.5 million silicon-based OLED display modules, also with two fully automated production lines. The first phase is expected to be operational by the end of December 2025, with a projected annual output value exceeding 1 billion yuan upon full production [4]. - Chipview aims to continuously optimize product performance, enhance production line capabilities, and collaborate with industry partners to promote the industrialization of Micro OLED technology, contributing to the innovative development of the global new display industry [4].