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2009 11 17, TCL Group issued a notice of non-public private placement to be no more than 15 million shares, raising funds not exceeding 50 million for Shenzhen Shenzhen Science and Technology Investment Co., Ltd. joint venture over the first 8.5 generation LCD panel production line. This marks the TCL Group, downstream from the simple TV Machine manufacturers to advance to the upper panel industry, means that TCL Group in the manufacture of LCD TV panel production with the upstream and downstream from the machine assembly of complete industrial chain integration. The project set up by both parties Shenzhen Huaxing Guang Electronic Technology Co., Ltd. for implementation, the total investment reached 24.5 billion yuan, construction period of 20 months, in August 2011 trial production in March 2012 into one volume, 2012 two years into production in December. After completion, the main products of 26 to 32 inches, 46 inches and 55 inches LCD TV Module, the maximum processing capacity of glass substrates 100,000 / month, annual production of about 1,400 million units LCD TV modules are expected to yield 90%. Project with the developmental planning, get government support National "Eleventh Five-Year Plan" and "from 2006 to 2020 Platform for long-term development of information industry", and in April 2009 the State Council promulgated " Electronic Information industry restructuring and revitalization plan "explicitly to include the development of TFT-LCD industry in China's information industry the key tasks and major projects. Ministry of Industry has also developed to support the industry's investment policy and technology policy; the Government on the Development of TFT-LCD industry to actively support the approach taken reflects the TFT-LCD industry in the electronic information industry in the strategic position, therefore this TCL Group times invest in TFT? LCD projects, comply with the State TFT-LCD industry development plan, but will enjoy the support of national policies to encourage. In addition, a joint venture with TCL construction of the project company is in Shenzhen SASAC deep ultra-straight, according to the relevant documents to determine the Shenzhen Municipal Government, Shenzhen Shenzhen Municipal Government on behalf of super-company, as a support integrated circuit and the new flat panel display industry the development of the operation of the carrier to bear the corresponding investment project-related work. Relationship from the perspective of both LCD panel projects received strong support from the Shenzhen Municipal Government, the project put into operation successfully provided a guarantee of the government level. The next few years, domestic demand for TFT-LCD color TV market has great potential Gold industry under study, the current stock of domestic color TV up to 470 million, of which about 410 million is CRT TV, LCD TV less than 60 million units of stock, accounting for about 15% [Source: CICC Institute]; expected to use the six years of urban and rural replace the stock with 11 years CRT, despite the replacement cycle of rural residents slower than urban residents, but with the improvement of their living standards and government policy support, rural residents will be gradually replaced or newly purchased LCD TV. On the other hand, LCD TV prices in 2009 averaged at least 50% year on year decline in population has greatly stimulated the demand. 2009, the State Department began implementing the " Appliances to the countryside "," TM "program will provide subsidies to TV as the first batch of products, LCD TV prices fall in prices after the ranked within the scope of financial subsidies, which greatly encouraged the residents, especially the new mid-priced TVs TV consumption. According to available industry capacity and level of development forecast, 2010-2011 in LCD TV sales to reach 38 million units respectively, and 49 million units, up 51% and 29%, overall industry sales growth of LCD TV products There are a lot of room. Domestic LCD panel production capacity enough to make up for deficiencies Currently over 30 inch Liquid crystal screen Mainly rely on imports, LCD panel technology has long been Japan and South Korea, Taiwan enterprises occupy the domestic color TV manufacturers for the cost of liquid crystal display and lack of control technology to upgrade their profit margins erode. Currently a total of seven 8.5 generation TFT-LCD production line that building (Table 1), is the only BOE and Tappi the project has been started, TCL Group, Huaxing Guang power projects will also start construction this month, other projects National Development and Reform Commission needs to approve, approve more difficult. Industry analysis, BOE, Huaxing Guang electricity and Tappi project can be approved first, we can see that countries with independent innovation and building projects to support the panel approach, so that the three projects with the advantage of rapid development, its future advantage of the comprehensive competitiveness of lay; followed by the project will yield moderate, monthly production capacity of 100 thousand, compared to 180,000 BOE, the product concentration was reduced, the product line adjustment will be more flexible and broad compared with IVO new Optoelectronics of 90,000, but also has a certain scale advantages. Completion of the project to produce the product is mainly used for LCD TV production to meet the needs of the group look at the current sales of LCD TVs in 2009, annual sales of more than 8 million units, the project put into operation in 2011 is expected to reach 15 million units sold, panel module Groups of 14 million production capacity to meet their basic needs. [Source: States Securities Research Institute] In addition to the channel also widened profit, LCD panels will become a new sales or profit growth; third, after completion of the project, TCL Group will become the only color TV manufacturers in the 11 set of panels, modules, machine production as one manufacturer, formed from upstream to downstream of the LCD TV industry chain, compared with domestic production of a single LCD panel TV business, or a single assembly machine be more in the product line complete, more diversified business types; than the other three foreign TV producers, more government support and local customer resources advantage. Panel industry investment plans The e-commerce company in China offers quality products such as water drilling equipment , drilling equipments Manufacturer, and more. For more , please visit cnc drilling machine today!
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