490 million construction of AM-OLED pilot line (mid-A)

To enhance the capacity of sustainable development, mid-A (000050) (000050) Bulletin, owned subsidiary of Shanghai Tianma planed to build 4.5 on behalf of the AM-OLED pilot line, the total investment of 492 million yuan.

The project will be available in the 4.5 generation of Shanghai Tianma TFT-LCD production line of venue construction, which will be processed on glass substrate 1000. Sources of project financing for the Shanghai Tianma self and apply for government funding, which funds raised 210 million yuan, 282 million for government funding.

It is learned, AM-OLED (active organic light emitting diode) is a function of using organic semiconductor materials, electrical energy directly into light energy technology. Possess its own high-color, high contrast, wide viewing angle, high brightness and a series of outstanding advantages, is considered following the LCD, PDP after the greatest potential for development of new flat-panel display technology by the global attention, its technology and market scale has been some development. The future, as technology, materials technology breakthroughs, and significantly improve product yields, product prices continued to drop, AM-OLED will have more room for development, and most likely to form a TFT-LCD's great challenge.

, Mid-A semi-annual report also released today showed that the overall environment as the market better than the same period last year, along with a positive adjustment of product mix and customer mix, the first half, mid-A main business income of 1.413 billion yuan, an increase of 62.81%, 44.7698 million yuan net profit attributable to parent company, an increase of 143 million yuan. , Mid-expected return to profit in the first three quarters of this year, achieving net profit attributable to parent company about 65 million yuan.

In addition, the, mid-notice, the company shares with the Chinese subsidiary of Pegasus Aviation Technology, Wuhan, Xiamen Co., Ltd. entrusted import agency agreement signed, the company commissioned in the Air Xiamen agent imported equipment, raw materials and domestic trade operations, totaling about 800 million yuan, is expected to pay import agency fee of about 6.4 million yuan.