Today, Shaanxi Lite Optoelectronics Co., Ltd. (hereinafter referred to as "Lite Optoelectronics"), the first supplier of OLED organic luminescent materials in China, successfully passed the meeting, and Huacon invested in creating a leading enterprise in the field of display, lighting up China's "dream screen".
Lite Optoelectronics is mainly engaged in the research and development, production and sales of OLED organic materials, realized the whole industry chain operation of OLED organic material intermediate synthesis, material preparation before sublimation and terminal material production, has a variety of OLED terminal material independent patents, breaking the international monopoly of the core technology of organic luminescent materials and achieving large-scale production.
The "14th Five-Year Plan" clarifies 8 cutting-edge scientific and technological fields such as artificial intelligence, quantum information, and integrated circuits, and many provinces, cities, and regions have included flexible electronics and chip industries in key plans. In this context, the production lines of BOE, Tianma Group, Hehui Optoelectronics, Huaxing Optoelectronics and other factories in the domestic downstream OLED industry are intensively put into operation, and the domestic OLED production capacity has entered a period of rapid release.
As the first and only domestic supplier to supply OLED luminescent functional materials for BOE and with independent patents, Lite Optoelectronics has realized the mass production and supply of a variety of OLED organic materials, changing the status quo that domestic panel manufacturers are completely dependent on imports of OLED terminal materials. With the continuous improvement of business, the customers of Lite Optoelectronics OLED terminal materials have further expanded to Huaxing Optoelectronics, Hehui Optoelectronics and other world-renowned display panel manufacturers.
The materials that Lite Optoelectronics has mass-produced mainly include Red Prime materials and HTL materials, and the materials tested include Red Host materials, Green Host materials, Green Prime materials and Blue Prime materials. At present, the company has 61 authorized patents and 2 patent granting licenses, and is applying for 191 patents, covering OLED organic materials such as light-emitting layer materials and hole transport layer materials.
For a long time, the reason why China has been stuck in the field of electronic technology is mainly due to two points - "lack of core and less screen", that is, the lack of high-end chips and high-end screens. Due to the relatively late start of the domestic OLED industry, the core component of the OLED panel - OLED organic materials rely heavily on foreign procurement, and the demand for localization is urgent.
With product advantages, cost advantages and service advantages, Lite Optoelectronics has realized import substitution, which has led to the decline in the price of OLED terminal materials of foreign manufacturers, thus promoting the decline in the cost of domestic OLED display panel manufacturers, making China's OLED display panel manufacturers continue to improve their international competitiveness, and further promoting the transfer of OLED global industrial centers to China.
Drawing a complete investment map, Huakong has consolidated its investment leadership position in the field of advanced manufacturing
Because of its characteristics of heavy assets, high investment and long return cycle, the display field has not been favored by capital for a long period of time, but Huakong's layout of the display field has a long history. Huakong Investment began to contact Lite Optoelectronics in 2019 and officially invested in 2020, and is one of the important shareholders of the company.
With the help of Huacon's advantages in overseas mergers and acquisitions and resource integration, Lite Optoelectronics has bought out foreign patents through industrial mergers and acquisitions, and spent a lot of money to introduce relevant talents from South Korea, thus forming a technical team of more than 200 people and the technical advantages of the complete supply chain of OLED.
At the same time, Huacon helped Lite Optoelectronics to further expand the production capacity of OLED terminal materials, thus matching the rapidly expanding needs of downstream customers, expanding market share and enhancing customer stickiness.
The layout of Huakong in the display industry chain has deeply covered the core organic luminescent materials, flexible machine boards, packaging equipment, testing equipment, drive chips, etc., forming a complete industrial map with a number of enterprises, and gradually consolidating the leading position of investment in the field of advanced manufacturing, which is of great significance to Huacon's future investment in the field of display.
Strong demand, favorable policies and complex international situations have given the display industry an unprecedented opportunity to develop. Huakong Investment will continue to dig deep into the leading enterprises in the display industry chain from the perspective of industrial and capital integration, build relevant ecological resources, help industrial integration and upgrading, and contribute to the localization of OLED organic materials and industry innovation in China.