Under the trend of rapid growth of new energy vehicles, Shentianma continues to increase the layout of the vehicle display business. In January this year, Shentianma set up Wuhu vehicle display research and Development Center, November 1, the vehicle display research and development center officially opened.

Photo source: Jiujiang District Investment Promotion Center

According to introducing, the official opening of wuhu automotive show r&d center will improve the deep tianma industry layout in the field of new type display, at the same time fill a vacancy wuhu in car shows and other core components, improve the wuhu new display industry, new energy and smart snatched aggregation degree of the auto industry, strengthen the new display industry's international competitiveness in anhui province.

In addition to the on-board display research and development center, Shentianma has also laid out a new display module production line project in Wuhu.

On May 28 this year, Shenzhen Tianma announced that it planned to set up a joint venture project company with Wuhu Investment Fund and Jiu Chuang Investment Fund. The joint venture project company will build a new display module production line project in Wuhu, with a total investment of 8 billion yuan.

IT is reported that the project is mainly to build a new display module production line project, covering 6.5-40 inch professional display modules (including vehicle, industrial products, etc.), IT display modules (including flat panel, pen, monitor, etc.).

In order to accelerate the construction of the above projects, Shentianma announced the 2022 annual private offering of A-shares plan on September 17, planning to raise no more than 7.8 billion yuan, of which 4.5 billion yuan will be used for the project of new display module production line.

In addition, the raised funds will also be used for Xiamen Tianma vehicle-mounted and IT production line technology upgrading project and Shanghai Tianma vehicle-mounted production expansion project, the planned use of funds 610 million yuan and 390 million yuan.

In addition, since this year, Shentianma has disclosed a number of new display investment projects, related projects involve the direction of the vehicle display.

On April 12, Shentianma announced that it plans to establish a joint venture project company through its wholly-owned subsidiary Xiamen Tianma and its partner, with an investment of 33 billion yuan to construct the 8.6th-generation new display panel production line project.







The main technology of the project is a-Si and IGZO dual-track parallel technology, and the monthly processing of 2250mm×2600mm glass substrate 120,000 pieces, with the display application of vehicle, IT display (including flat panel, pen, display, etc.), industrial products as the target product market.







On August 12, Shentianma announced that it plans to set up a joint venture company with Hua 'an Xinchuang, named Jiangsu Tianhua Automotive Electronic Technology Co., LTD. The registered capital of the joint venture is 100 million yuan. The business scope of the joint venture includes the R&D, production and sales of Chinese independent brand new energy automobile electronic products and components, automotive electronic products, instruments and meters, etc.







In addition, Shentianma announced in June to jointly invest 1.1 billion yuan with partners to build a full-process Micro LED test line in Xiamen, which is from large volume transfer to display module, focusing on the research and development of large volume transfer related technology based on TFT substrate, with on-board display as one of the important application directions.







In addition to investing heavily in the on-board display related projects, Shentianma also accelerated the cooperation with various brand car enterprises. Shentianma signed a strategic cooperation agreement with Great Wall Motor in September this year. It is reported that the two sides have cooperated many times before in the field of on-board instrument, central control and other display, including many Great Wall Motor brands such as Wei WAY, Havard, Euler.







In terms of product technology, Shentianma has accelerated its innovation. In March, it launched the 12.3-inch Mini LED display for cars with sound, which was jointly developed with Audible Acoustics, and in October, it launched the 9-inch in-car central control display with invisible display technology.







Thanks to long-term work and investment, Shentianma automotive display business performance is growing rapidly. In 2021, the revenue of Shentianma's in-vehicle display business increased by 27% year on year, and in the first half of 2022, the revenue of Shentianma's in-vehicle display business increased by more than 20% year on year, and the product mix was continuously optimized.