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High-end display materials will fill the domestic gap


Based on the principles of equality, mutual benefit, mutual support, and common development, on the morning of May 7, Shanghai Hangri Chemical Co., Ltd. and the Zhangjiagang Free Trade Zone Management Committee signed an investment agreement on high-end display materials projects. The two parties will cooperate comprehensively to achieve complementary advantages and resource sharing. . Yang Zhaoguo, chairman of the high-end display material project and senior project manager of AVIC International, Bian Dongfang and Weng Yuren, leaders of our city (bonded area), attended the signing ceremony.

According to the agreement, Shanghai Hangri Chemical Co., Ltd. will establish Suzhou FINESET Material Technology Co., Ltd. in the Zhangjiagang Free Trade Zone. The first phase of the project will invest 200 million yuan to build a production line with an annual output of 3.6 million square meters, which will be put into operation at the end of December 2016. After being put into production, with the help of AVIC's entire industrial chain resources, it is expected to achieve sales of 200 million yuan and tax revenue of 23.79 million yuan in the first year.

It is understood that at the beginning of 2016, AVIC International’s subsidiary Hong Kong Aeroday Chemical invested in the acquisition of the high-end adhesive business unit of a first-class Japanese chemical company, and its subsidiary fund joined forces with Shin Kong Group and other strategic partners to jointly establish Shanghai Aeroday Chemical Co., Ltd. , as the operating entity of the project. The core products of Shanghai Hangri Chemical Co., Ltd. include high-end optical glue, water glue and semiconductor UV film, etc. These products are used to bond optical devices and special materials in the semiconductor process, and can be widely used in semiconductors, mobile phones, PAD, touch note, vehicle, industrial control, medical terminal and ATM and other fields. The high-end display material project invested and established by Shanghai Hangri Chemical Co., Ltd. in the Zhangjiagang Free Trade Zone will fill the gap in the supply of high-end optical glue and semiconductor UV film in China.