The second phase of Huaxing Optoelectronics Project is expected to produce 100,000 substrates per month in 2016.
The second phase project of Huaxing Optoelectronics officially started construction recently. It is currently in the construction stage of the main structure. It is planned to be put into operation in May 2015 and mass production in June of the same year.
The performance created by Huaxing Optoelectronics Phase I project has already attracted the attention of the global peers. The first phase of the project took only 19 months from piling construction to mass production. In 2013, it achieved operating income of 155.6 and net profit after tax of 2.26 billion.
Che Hanhao, vice president of Huaxing Optoelectronics, told reporters that after the company increased bottleneck equipment and improved bottleneck process in 2014, the production capacity of the first phase of the production line is expected to reach the limit of a single production line, which is 40% higher than the original design. The first phase of more advanced technology is expected to reach 100,000 pieces of glass substrates per month in design capacity. By then, the two production lines add up to an annual output value of 40 billion yuan.
The second phase design capacity will produce 100,000 glass substrates per month.
The reporter learned that after the first phase of Huaxing Optoelectronics project was put into production, the production capacity climbed rapidly. It took only 10 months to complete the capacity and yield climb 3 months ahead of schedule. In December 2012, the production capacity was optimized and the production capacity reached 12 per month. 10,000 pieces; currently has a capacity of 130,000 pieces per month, which is 30% more than the design capacity.
In addition to capacity, Huaxing Optoelectronics Phase I project EBITDA (earnings before interest and tax depreciation), product yield and other key indicators of the company's production operations, leading the year in the world's peers. In 2013, Huaxing Optoelectronics achieved operating income of 15.56 billion yuan and net profit after tax of 2.26 billion yuan.
This data will also climb, said Che Hanzhen, after the company increased bottleneck equipment and improved bottlenecks in 2014, the production capacity of the first phase of the production line is expected to reach the limit of a single production line, exceeding the original design by 40%. After the second phase is completed and put into production, the designed production capacity is 100,000 pieces of glass substrates per month. It is expected to increase the annual GDP by 17 billion yuan and the annual average net profit of 1.42 billion yuan. It is expected that the accumulated tax revenue will increase by 18.37 billion yuan in the next decade. The industrial output value of the upstream and downstream industrial chain will increase by 110 billion yuan, of which the industrial output value of Shenzhen will drive 32.5 billion yuan.
According to reports, the second phase of the project with a total investment of 24.4 billion yuan is derived from its own funds and social financing. At present, the project is progressing smoothly. The second-stage production line will introduce new display technologies such as oxides and OLEDs, and the main product types will also increase. “Product technology has been successfully developed, and various types of samples have been successfully developed, waiting for large-scale inspection on the second-stage production line. That's it," said Che Hanzhen.
Key supporting projects are progressing smoothly
In 2013, Huaxing Optoelectronics Phase I project was fully sold and the equipment utilization rate was almost 100%. The speed of its production has directly impacted the market of several giants in Japan, South Korea and Taiwan, breaking the price monopoly, and the "lack of screen pain" of Chinese color TV manufacturers has been alleviated.
The reporter learned that despite the huge domestic demand, due to the long-term price monopoly of Japan and South Korea, domestic TV manufacturers can only struggle to survive in a small space. At present, TCL multimedia usage accounts for about 40% of Huaxing Optoelectronics' customers, and the rest are South Korea's Samsung, LG and Skyworth, Konka, Changhong and other domestic brands and domestic processing companies.
Cars who like to watch speed skating use the curve overtaking to describe the industry competition faced by Huaxing Optoelectronics and the path chosen. "People are already slipping in front, and their ability is not weaker than you. If you don't violate the rules, you can only bend beyond." Although the operation of the single line is good, Che Hanzhen also stressed that the second production line is not waiting for me. There are many 8.5-generation production lines in the same industry, we have to hurry."
The expansion of Huaxing Optoelectronics' production capacity will also directly bring a chain reaction. In order to better cooperate with the development of Huaxing Optoelectronics and the demand for display materials for 8.5-generation TFT-LCD flat panel display in the Chinese market, the Asahi Glass Project has been expanded in Phase II and is scheduled to be completed and put into operation in December 2014. By then, the production capacity will double. To about 3.5 million pieces / year. In addition, the air chemical products (Shenzhen) Co., Ltd. project covers an area of ​​14,410 square meters. The total planned investment is 286 million yuan, the estimated output value is 169 million yuan, and the estimated tax is 0.23 billion yuan. The first phase of the project is scheduled to be put into operation in March 2014, with an annual production capacity of 144,000 tons of liquid nitrogen and 37 million tons of nitrogen. The second phase of the project is scheduled to start in March this year and will be completed in August. Its production will effectively meet the rapid development of ultra-high purity gas demand in the domestic semiconductor and LCD panel industries led by Huaxing Optoelectronics.
Relying on the super-large-scale key industry project of Huaxing Optoelectronics, the industrial cluster effect of “Guangming International Flat Panel Display Industrial Park†with a high standard of 5.4 square kilometers in Guangming New District is emerging.
Government support allows the company to go lightly from the start
Talking about the rapid development of Huaxing Optoelectronics, Che Hanyu used the saying "people work hard, help the sky" to describe it.
He told reporters that on the one hand, the company has a good technology, production management, and comprehensive operation management team. "In 2013, the company established the triad theme, that is, the organization's fit, process integration, and cultural integration. Very good results.†It is understood that Huaxing Optoelectronics has gathered top-notch technical talents from Taiwan, Korea and China with a high reputation and a large number of outstanding talents at all levels. At present, the company has more than 5,000 talents at all levels, including technology, R&D and management. The talent is close to 2,000.
Another important reason for rapid development is that Che Hanjun is sponsored by the government. “This industry is capital intensive and technology intensive. It is difficult for any company to undertake such large and high-risk capital investment. The government’s financial investment has made the company lightly loaded from the beginning.â€
For the giant Huaxing Optoelectronics, which is located in the jurisdiction, Guangming New District has set up a special working group of Huaxing Optoelectronics Project to open up a green channel and provide close-fitting and nanny services. Che Hanzhen told reporters that when the second phase of the project was just started, he faced problems such as the entry and exit of construction vehicles and the stacking of large-scale construction materials. Under the coordination of the new district government, the company temporarily opened temporary import and export and parking areas for the company. “It is often the leadership of the new district to lead the team, and the on-site meeting will solve the problem, which is very convenient for us.â€
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
The performance created by Huaxing Optoelectronics Phase I project has already attracted the attention of the global peers. The first phase of the project took only 19 months from piling construction to mass production. In 2013, it achieved operating income of 155.6 and net profit after tax of 2.26 billion.
Che Hanhao, vice president of Huaxing Optoelectronics, told reporters that after the company increased bottleneck equipment and improved bottleneck process in 2014, the production capacity of the first phase of the production line is expected to reach the limit of a single production line, which is 40% higher than the original design. The first phase of more advanced technology is expected to reach 100,000 pieces of glass substrates per month in design capacity. By then, the two production lines add up to an annual output value of 40 billion yuan.
The second phase design capacity will produce 100,000 glass substrates per month.
The reporter learned that after the first phase of Huaxing Optoelectronics project was put into production, the production capacity climbed rapidly. It took only 10 months to complete the capacity and yield climb 3 months ahead of schedule. In December 2012, the production capacity was optimized and the production capacity reached 12 per month. 10,000 pieces; currently has a capacity of 130,000 pieces per month, which is 30% more than the design capacity.
In addition to capacity, Huaxing Optoelectronics Phase I project EBITDA (earnings before interest and tax depreciation), product yield and other key indicators of the company's production operations, leading the year in the world's peers. In 2013, Huaxing Optoelectronics achieved operating income of 15.56 billion yuan and net profit after tax of 2.26 billion yuan.
This data will also climb, said Che Hanzhen, after the company increased bottleneck equipment and improved bottlenecks in 2014, the production capacity of the first phase of the production line is expected to reach the limit of a single production line, exceeding the original design by 40%. After the second phase is completed and put into production, the designed production capacity is 100,000 pieces of glass substrates per month. It is expected to increase the annual GDP by 17 billion yuan and the annual average net profit of 1.42 billion yuan. It is expected that the accumulated tax revenue will increase by 18.37 billion yuan in the next decade. The industrial output value of the upstream and downstream industrial chain will increase by 110 billion yuan, of which the industrial output value of Shenzhen will drive 32.5 billion yuan.
According to reports, the second phase of the project with a total investment of 24.4 billion yuan is derived from its own funds and social financing. At present, the project is progressing smoothly. The second-stage production line will introduce new display technologies such as oxides and OLEDs, and the main product types will also increase. “Product technology has been successfully developed, and various types of samples have been successfully developed, waiting for large-scale inspection on the second-stage production line. That's it," said Che Hanzhen.
Key supporting projects are progressing smoothly
In 2013, Huaxing Optoelectronics Phase I project was fully sold and the equipment utilization rate was almost 100%. The speed of its production has directly impacted the market of several giants in Japan, South Korea and Taiwan, breaking the price monopoly, and the "lack of screen pain" of Chinese color TV manufacturers has been alleviated.
The reporter learned that despite the huge domestic demand, due to the long-term price monopoly of Japan and South Korea, domestic TV manufacturers can only struggle to survive in a small space. At present, TCL multimedia usage accounts for about 40% of Huaxing Optoelectronics' customers, and the rest are South Korea's Samsung, LG and Skyworth, Konka, Changhong and other domestic brands and domestic processing companies.
Cars who like to watch speed skating use the curve overtaking to describe the industry competition faced by Huaxing Optoelectronics and the path chosen. "People are already slipping in front, and their ability is not weaker than you. If you don't violate the rules, you can only bend beyond." Although the operation of the single line is good, Che Hanzhen also stressed that the second production line is not waiting for me. There are many 8.5-generation production lines in the same industry, we have to hurry."
The expansion of Huaxing Optoelectronics' production capacity will also directly bring a chain reaction. In order to better cooperate with the development of Huaxing Optoelectronics and the demand for display materials for 8.5-generation TFT-LCD flat panel display in the Chinese market, the Asahi Glass Project has been expanded in Phase II and is scheduled to be completed and put into operation in December 2014. By then, the production capacity will double. To about 3.5 million pieces / year. In addition, the air chemical products (Shenzhen) Co., Ltd. project covers an area of ​​14,410 square meters. The total planned investment is 286 million yuan, the estimated output value is 169 million yuan, and the estimated tax is 0.23 billion yuan. The first phase of the project is scheduled to be put into operation in March 2014, with an annual production capacity of 144,000 tons of liquid nitrogen and 37 million tons of nitrogen. The second phase of the project is scheduled to start in March this year and will be completed in August. Its production will effectively meet the rapid development of ultra-high purity gas demand in the domestic semiconductor and LCD panel industries led by Huaxing Optoelectronics.
Relying on the super-large-scale key industry project of Huaxing Optoelectronics, the industrial cluster effect of “Guangming International Flat Panel Display Industrial Park†with a high standard of 5.4 square kilometers in Guangming New District is emerging.
Government support allows the company to go lightly from the start
Talking about the rapid development of Huaxing Optoelectronics, Che Hanyu used the saying "people work hard, help the sky" to describe it.
He told reporters that on the one hand, the company has a good technology, production management, and comprehensive operation management team. "In 2013, the company established the triad theme, that is, the organization's fit, process integration, and cultural integration. Very good results.†It is understood that Huaxing Optoelectronics has gathered top-notch technical talents from Taiwan, Korea and China with a high reputation and a large number of outstanding talents at all levels. At present, the company has more than 5,000 talents at all levels, including technology, R&D and management. The talent is close to 2,000.
Another important reason for rapid development is that Che Hanjun is sponsored by the government. “This industry is capital intensive and technology intensive. It is difficult for any company to undertake such large and high-risk capital investment. The government’s financial investment has made the company lightly loaded from the beginning.â€
For the giant Huaxing Optoelectronics, which is located in the jurisdiction, Guangming New District has set up a special working group of Huaxing Optoelectronics Project to open up a green channel and provide close-fitting and nanny services. Che Hanzhen told reporters that when the second phase of the project was just started, he faced problems such as the entry and exit of construction vehicles and the stacking of large-scale construction materials. Under the coordination of the new district government, the company temporarily opened temporary import and export and parking areas for the company. “It is often the leadership of the new district to lead the team, and the on-site meeting will solve the problem, which is very convenient for us.â€
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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