Liu Bo, the site leader of the construction unit, said that the total investment of the project is 1.2 billion yuan, with a total land area of 80 mu. Currently, about 31 mu is under construction in the first phase, and a production base with an annual output of 10 million Micro led microdisplay chips will be built. After the project is put into operation, it is expected to achieve sales revenue of 2.5 billion yuan, profit of 800 million yuan, and tax of 250 million yuan.
Zhejiang Hongshi Optoelectronic Technology Co., Ltd. is a wholly-owned subsidiary of Yancheng Hongshi Intelligent Technology Co., Ltd. (hereinafter referred to as "Hongshi Intelligent"). Since its establishment in 2017, Hongshi Intelligent has been focusing on the R&D and manufacturing of Micro led microdisplay chips. In 2020, Hongshi Intelligent initiated technological transformation and industrial upgrading, established a cooperative relationship with the Changchun Machine Institute of the Chinese Academy of Sciences, and established a R&D team of nearly 100 people in high-end talent gathering places such as Shenzhen, Shanghai and Suzhou.
Hongshi Intelligent has mastered the core technologies and patents such as 8-inch silicon-based metal bonding, quantum dot conversion, monolithic/three-chip full-color, and microlenses, and has a full industrial chain capability from optical device design to module design and manufacturing.
Recently, Liu Wei, deputy general manager of Hongshi Intelligent New Market Development, said that with its unique advantages in the field of Micro led microdisplay, its Micro led microdisplay technology has been widely used in AR glasses, microprojection, smart lights, 3D printing, digital lighting and other fields, becoming one of the few Micro led chip companies that can achieve more than 10,000 orders and shipments in 2024.

ANNA