BOE Zhuhai Jinxin Mini LED Line Reaches Capacity Expansion; 5 Billion Yuan Annual Revenue Expected

According to Interface News, on May 21, BOE Zhuhai Jinxin Mini LED production line saw continued capacity expansion, with the project expected to generate 5 billion yuan in annual revenue upon full production and contribute approximately 500 million yuan annually in tax revenue.

On May 21, Huacan Optoelectronics, the parent company controlling the project, saw its stock hit the daily limit, closing at 20.46 yuan per share. On May 22, Zhuhai Science and Technology Industry Group, the second-largest shareholder, issued a commitment letter pledging not to reduce its holdings within the next six months.