With a total investment of 2.5 billion yuan, the main structure of the BOE Chengdu Vehicle Display Base project has been fully capped, and the countdown to production has begun.

On June 24, the main structure of the BOE Chengdu Vehicle Display Base project, which was built by China Construction First Engineering Bureau Construction and Development Company, was fully capped.It marks the countdown to the start of production of the BOE Chengdu vehicle display base project.

The BOE Chengdu Vehicle Display Base project covers an area of ​​151,000 square meters and a total construction area of ​​110,000 square meters. It consists of 1# module workshop, 2# comprehensive power station, 8# comprehensive building and other small units. Production of vehicle display modules from 5 inches to 35 inches,Annual output of in-vehicle display products is about 14.4 million pieces.

It is understood that the total investment of the project is about 2.5 billion yuan, and the registered capital is 1.5 billion yuan, of which BOE invested 600 million yuan in cash, holding 40% of the shares, and Hefei BOE Vehicle invested 600 million yuan in cash, holding 40% of the shares, and annual investment was increased. Contribute 300 million yuan in cash and hold 20% of the shares. Its products are in-vehicle display modules ranging from 5″ to 35″, with an annual output of approximately 14.4 million in-vehicle display panels after reaching production.

In recent years, with the advancement of in-vehicle display technology and the rapid development of the new energy vehicle industry, smart car connectivity has become a future development trend. On the one hand, the screen rate has increased. On the other hand, large screens, long-connected screens, and multi-connected screens have become powerful measures to attract consumers. This project can centralize on-board project resources, resulting in the following advantages: centralized procurement, increasing cost advantages; reducing repeated customer reviews and simplifying processes; connecting factories, improving efficiency and reducing management costs; forming large-scale production advantages and increasing market competitiveness .

The establishment of this project can centrally manage related resources, build a large-scale module manufacturing base, and provide better supporting resources for product development and process development, which is conducive to reducing costs, improving quality, and more effective communication, thereby improving customers. Satisfaction, enhance market competitiveness; build upstream industrial chain clusters that are conducive to medium and long-term development, and more strongly support the development of independent businesses in the company’s industrial chain.

BOE said that the automotive display industry is an important segment of the liquid crystal display industry, and the mainstream display technology is still LCD. After the emergence of the Internet of Vehicles, vehicle display began to be dominated by TFT-LCD single-point and multi-touch technology. TFT-LCD panels have become the mainstream of the current vehicle display market due to their high performance ratio and low cost. With the emergence of new human-vehicle interaction concepts such as head-up display and rear-seat in-vehicle entertainment display system and the demand for consumption upgrades, the application types of vehicle-mounted display are increasing day by day, and the market generally maintains a relatively high growth rate. The products of this project are mainly vehicle-mounted display screens. With TFT-LCD,Product size covers 5″～35″to meet the market demand, has broad development prospects.