Huadong Technology(SZ:000727)2022-12-08 09:20Group 1: Investor Relations Activities - The company conducted specific investor research and site visits, engaging with various investment firms and analysts [1] - Notable participants included representatives from CITIC Securities, Jianyin International, and Minsheng Life Insurance [1] Group 2: Project Overview - The company is constructing an 8.5 generation thin-film transistor liquid crystal display (TFT-LCD) production line, with the project on schedule [3] - The 220KV substation was energized on September 17, and the first exposure machine was moved in on October 20 [3] - The project is expected to commence production in March 2015 [3] Group 3: Supply Chain and Material Sourcing - Key raw materials for the 8.5 generation line include backlight source components, polarizers, and various chemicals, with a focus on domestic suppliers [4][5] - The project plans to source 50% of its printed wiring board (PWB) processing from Nanjing Panda Electronics, a leading domestic manufacturer [4] - Major suppliers for glass substrates include Corning, Asahi Glass, and Nippon Electric Glass, which together account for 90% of the global supply [5] Group 4: Market Dynamics and Future Outlook - The domestic supply of high-generation LCD panels is expected to alleviate the current shortage, with government support for large projects [6] - The company plans to utilize Sharp's next-generation IGZO display technology to enhance product pixel density [6] - The product mix will consist of 70% small to medium screens and 30% television modules, with flexibility to adjust based on market demand [6] Group 5: Corporate Strategy and Future Plans - The company aims to develop the display industry, focusing on LCD panels and touch screens, with no immediate plans for additional financing [7] - There is potential for the Panda LCD 6th generation line to be integrated into the company once regulatory conditions are met [7]