The panel market suffered another setback as Samsung suspended purchases and continued weak demand halted new factory construction. Au recently announced the suspension of investment plans for the new 5. X generation plant, following the earlier announcement by Caijing.

But fortunately, such as Huike shares, deep Tianma and other panel manufacturers have focused on other technologies and fields, and recently came the latest news.

Huike IPO audit status changed to "inquired"

Proposed to be listed on GEM

According to the website of Shenzhen Stock Exchange, the audit status of Huike stock GEM IPO was updated to "inquired", the update time was July 22, 2022, the acceptance date was June 24, 2022, the planned financing of 9.95 billion yuan, the sponsor is China International Capital Corporation Limited, The ACCOUNTING FIRM IS TianJIAN ACCOUNTING Firm (special general partnership), THE law FIRM is Beijing JunHE Law FIRM, and the APPRAISAL institution is Beijing North Asia Asset Appraisal Firm.

On June 24, the Shenzhen Stock Exchange officially accepted Huike's application for listing on the GEM. According to the prospectus, the Company intends to make an initial public offering of no less than 64,444,444 RMB ordinary shares, After deducting the issuance expenses, the raised funds will be used for Changsha Huike Large-size OLED semiconductor display device R&D and upgrading project, Mini LED direct display and backlight production line expansion project, Huike Intelligent Things Display solution project, Mianyang Huike Oxide production and Research integration project. And RMB285,000.00 for replenishing working capital.


It is reported that Huike is the third largest panel manufacturer in China, with four semiconductor display panel production bases, four display terminal production bases, four display module production bases. At the same time, Huike shares also owns Beihai Hardware, Beihai plastic, Chongqing Hardware, Hefei Hardware and other display terminal accessories production plants. It can be seen that Huike has completed the industrial chain integration from semiconductor display panels to intelligent display terminals, and actively explores the integration with the Internet of Things and other new industries.


Huike Stock plans to raise 9.5 billion yuan to invest in Changsha Huike Large-size OLED semiconductor display device R&D and upgrading project, Mini LED direct display and backlight production line expansion project, Mianyang Huike Oxide production and research integration project and other projects, so as to achieve the joint development of OLED, Mini LED and Oxide. Further enrich product application scenarios, and continuously improve the shipment and market ranking.

Huike Shares believes that the raised capital investment projects implemented in this plan are all focused on the company's main business. Through the implementation of the raised projects, the company will further increase the R&D and innovation investment of new products and new technologies, improve the innovation ability, and further enhance the core competitiveness of the company.



According to Huike Stock, Mini LED direct display and backlight production line expansion project planned to add small spacing and Mini LED direct display and backlight, mobile phone and laptop backlight, monitor backlight and TV backlight production lines. Mini LED backlight combined with TFT LCD display panel can achieve excellent display performance and lower cost than OLED display technology, which is an important innovation and upgrade of TFT LCD display technology.



In addition, with the release of the production capacity of the semiconductor display panel industry, the market demand for backlighting products has increased rapidly. The existing production capacity of Huike Stock's backlighting products can no longer meet the increasing order demand. Therefore, the company will improve the production capacity to match the market demand through the implementation of this project.



Focused on-board display



Tianma Microelectronics disclosure of two information



Recently, Shentianma also came two pieces of information, one is to get government subsidies of 200 million yuan; Second, focus on vehicle display and disclosure of relevant information.



According to Shenzhen Tianma's announcement, Xiamen Tianma Microelectronics Co., LTD. (hereinafter referred to as Xiamen Tianma), a wholly-owned subsidiary of Shenzhen Tianma Microelectronics Co., LTD. (hereinafter referred to as "Xiamen Tianma"), has received the "Notice on the Allocation of R&D Support Subsidy Funds to Xiamen Tianma Microelectronics Co., LTD." from the Management Committee of Xiamen Torch High-tech Industrial Development Zone. The Management Committee of Xiamen Torch HI-TECH Industrial Development Zone has allocated 200,000 yuan of R&D support subsidy to Xiamen Tianma.



As of the date of this announcement, Xiamen Tianma has received the above subsidy payment, accounting for 12.97% of the Company's 2021 audited net profit (before retroactive adjustment). Xiamen Tianma received government subsidies related to daily business activities, with sustainability.



On August 1, Shenzhen Tianma disclosed important information about vehicle display on the investor interaction platform, and is very concerned about the development of vehicle display.



According to Shentianma, its on-board display products are mainly for the front loading market, and the products are basically shipped in the form of modules to provide customers with integrated display solutions. Shenzhen Tianma's on-board display R&D Center, which was established in January this year, is dedicated to improving the R&D capability of on-board complex modules and the ability of integrated overall solutions. The company recently announced a joint venture to build a new type of display module project, which will further improve the overall shipment scale and competitive advantage of the company, and will greatly strengthen the company's capacity of large-size module dedicated line in the field of display, such as vehicle, industrial products and IT, and help further enhance the company's comprehensive competitive strength in the field of display.



In the on-board business, Shentianma covers all kinds of intelligent cockpit products including instrument, central control, HUD, rearview mirror, rear seat entertainment, etc. Sizes range from 2 inches to 40 inches, all above sizes are available in volume; In the direction of large screen size can provide single screen, double screen, triple screen and other display solutions.



With the promotion of the "new three" automobile, the large screen display is gradually becoming a major trend of the current vehicle application. According to Shentianma, its large screen in the vehicle layout, support instrument, central control, co-driver entertainment and other types of combination, has been shipped to major customers at home and abroad; For example, the 27+12.3 inch through-through panoramic screen used by Lincoln, the 12.3+8.8 inch instrument + central control screen used by Maserati, and the 21.7+12.3 inch dual screen products used by important domestic customers, etc. In addition, it has achieved a large amount and a large share of project breakthroughs in the vehicle medium and large screen over 15.6 inches and the next generation vehicle central control platform of global head manufacturers.



Shenzhen Tianma pointed out that the instrument as a core component of the on-board large screen solution, in the on-board display security performance requirements are the highest, the threshold of entry is also the highest, the company in this field to maintain long-term shipments of the world's leading, leading technical capabilities in the industry. At the same time, the company focuses on improving the optical performance, modeling ability and interactive performance of the on-board medium and large screen. The 8.6 generation line and new module production line invested by the company this year accurately anchor the advantageous areas and incremental market including vehicle-mounted products, and are equipped with vehicle-mounted large and medium-sized special lines, which help the company to further meet the order demands of vehicle-mounted customers, improve the shipping capacity of large-and-medium-sized vehicle-mounted display products, and drive the upgrade of technical specifications.



This year, Shentianma has also invested many times with joint venture partners in display projects, with the amount exceeding 40 billion yuan; Related projects are covered in the vehicle project direction.



Tianma stressed that the car display is a customized market, the core of which is the competitive ability of the system. The development direction of vehicle products includes but is not limited to large screen, HD, touch control, profilization, etc. The company has layout in related fields. In the future, the company will continue to give full play to the system advantages of vehicle business from research and development to mass production, and strongly support customers' upward exploration in all aspects including large screen.