With a total investment of 4 billion, Meiyad Optoelectronics Mini LED project started construction

It is reported that 20 projects have been started this time, 13 of which are over 100 million yuan, with a total planned investment of 7.836 billion yuan. The projects mainly cover equipment manufacturing, electronic information, new materials and other industries, including Meiyad outdoor full-color screen and MiniLED display projects.

Picture source: Dazhi Media Center

According to reports, the project was invested and constructed by Shenzhen Meiyadi Optoelectronics Co., Ltd. (hereinafter referred to as "Meiyadi Optoelectronics"). It is located in Daye Lake High-tech Zone with a total investment of 4 billion yuan. It was signed in Huangshi, Hubei Province in early March this year.

The project is constructed in two phases. The first phase invests 1 billion yuan, rents 60,000 square meters of electronic information industrial park factory buildings, and builds 300 new LED device packaging lines, soft modules, outdoor color screen production and assembly lines, and 1 MiniLED production line. The second phase invests 3 billion yuan, covering a land area of ​​100 acres, and builds a new Mini/Micro LED display panel project and builds 20 automated MLED semiconductor packaging and testing lines.
After the first phase of the project is completed and put into operation, it can achieve operating income of approximately 1.2 billion yuan, pay annual taxes of 30 million yuan, and provide employment for approximately 1,000 people.

According to data, Meiyad Optoelectronics was founded in 2008 and is headquartered in Shenzhen. It is a national high-tech enterprise focusing on the research and development, production, sales and service of LED displays. In addition to the above-mentioned projects, in February this year, the second phase of Meiyad Optoelectronics’ Smart Optoelectronics Technology Industrial Park project in Sichuan also started construction. (Source: Dazhi Media Center, compiled by LEDinside)