Wg Tech (Jiang Xi) Co.Ltd(603773) flexible glass touch sensor and ultra-thin Ag glass are expected to be mass produced in the second half of the year

On February 26, as the leader of Jiangxi electronic information industry chain, ye Jianchun, governor of Jiangxi Province, focused on a number of electronic information enterprises in recent research to systematically understand the development status of all links of the industrial chain. He pointed out that after years of development, especially the active introduction of the “5020” project, the electronic information industry in Jiangxi Province has a solid foundation, complete chain, strong momentum and good prospects. We should strengthen our confidence and strive for the upper reaches, further make good use of the industrial guidance fund, build a strong innovation platform, deepen exchanges and cooperation with advanced regions, and continue to extend and strengthen the chain, Accelerate the construction of a strong province in electronic information industry and an electronic information manufacturing agglomeration with global influence.

During the Wg Tech (Jiang Xi) Co.Ltd(603773) research of the listed company, Yi Weihua, chairman of the board of directors of the company, reported the development trend of mini LED industry and the industrial development plan of the company in the next five years to governor Ye Jianchun, focusing on 2022 as the key year of Wg Tech (Jiang Xi) Co.Ltd(603773) transformation and upgrading and the situation of new projects. Governor Ye Jianchun affirmed that the company takes technology research and development as the core development driving force of the enterprise, and stated that he will vigorously support the operation and development of enterprise innovation projects.

Wg Tech (Jiang Xi) Co.Ltd(603773) as a key photoelectric display enterprise in Xinyu City, it plays an important role in driving local development and improving the layout of local photoelectric display industry chain. According to Yi Weihua, chairman of the company, the company’s 50-90 micron ultra-thin sonser has been mass produced in 2019; Flexible glass touch sensor and ultra-thin Ag glass have been recognized by world-renowned companies and are expected to be put into mass production in the second half of this year; The transparent polyimide (CPI) slurry independently developed by the company for three years has also made a breakthrough, which has been recognized by customers, and has received the first small batch order.

The company announced on February 21 that it plans to invest 1.65 billion in the production project of mini / micro led substrate with new glass substrate Wg Tech (Jiang Xi) Co.Ltd(603773) previously, the backlight module has been laid out and has accumulated many high-quality customers in the industry, including on-board display, TV and other customers. With the launch of the project, it means that Wg Tech (Jiang Xi) Co.Ltd(603773) has the technical strength to mass produce Mini led glass substrate. After the completion of the project, Wg Tech (Jiang Xi) Co.Ltd(603773) will have the full chain production capacity from substrate to backlight module.

In recent years, the Jiangxi provincial Party committee and government have regarded the electronic information industry as one of the two trillion industries with high-quality and leapfrog development of the province’s “2 + 6 + n” industry, focused on building it with the strength of the province, and successively issued a number of policy documents to create a good environment for industrial development and promote the sustainable and rapid development of the industry. According to the statistics of the Ministry of industry and information technology, the revenue of Jiangxi electronic information industry in 2021 was 668.8 billion yuan, a year-on-year increase of 25.4%, and the profit was 41.72 billion yuan, a year-on-year increase of 52.2%. (Huangpu River)

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