BOE Materials Company increases capital to 520 million yuan

Qichacha APP shows that on March 22, Beijing BOE Materials Technology Co., Ltd. (hereinafter referred to as "BOE Materials") underwent industrial and commercial changes, and its registered capital increased from RMB 500 million to RMB 520 million.

Information shows that the company was established in August 2024, and its business scope includes new material technology research and development, new material technology promotion services, chemical product sales, electronic special materials sales, etc. Shareholder information shows that the company is wholly owned by BOE.

Currently, BOE Materials holds shares in Tongcheng Dongfang (Shanghai) Display Technology Co., Ltd. and Yantai BOE Materials Technology Co., Ltd., with shareholding ratios of 20% and 58% respectively.

Among them, Tongcheng Dongfang (Shanghai) Display Technology Co., Ltd. was jointly invested and established by BOE Materials and Shanghai Tongcheng Electronic Materials Co., Ltd. (hereinafter referred to as "Tongcheng Electronics") with a registered capital of 100 million yuan. Among them, BOE Materials invested 20 million yuan and Tongcheng Electronics invested 80 million yuan.

The new company has a wide range of business operations, covering core areas such as new material technology research and development, technology promotion, chemical product sales and electronic special materials sales.

Yantai BOE Materials Technology Co., Ltd. is mainly responsible for the construction of the BOE Materials Research Institute project. The project covers an area of 33,000 square meters, with a total construction area of 55,000 square meters. It is planned to integrate a research and development center, advanced testing and analysis platform, administrative offices and complete living facilities.

By building four major technology platforms based on AI+, including automated synthesis, fully automated analysis and detection, intellectual property rights, and material verification, the institute is committed to building an industry-leading fully automated materials R&D and industrialization closed-loop system to achieve high efficiency, precision, and commercialization of materials R&D.

BOE stated that the Yantai BOE Materials Research Institute is a key step in the company’s layout of new generation materials technology. It will become a cutting-edge laboratory for the company to explore innovations in semiconductor display-related materials and a key converter between basic research and industrial applications.  (LEDinside).