The total investment exceeds 1 billion! Tianma will set up a module factory in Thailand

Recently, Shentianma pointed out in the announcement of the resolution of the 30th meeting of the 10th board of directors that the board of directors unanimously approved the "Proposal on Investment and Construction of a Factory in Thailand."



Shenzhen Tianma said that in order to better implement the company's development strategy, the board of directors agreed to establish two subsidiaries in Singapore and set up subsidiaries in Thailand through the two Singapore subsidiaries. The Thai subsidiary will invest in the construction of a Thai factory, mainly engaged in the production and manufacturing of display modules.

Project Summary The investment amount is 1.08 billion yuan (or equivalent in foreign currency, the same below), of which the company invested 540 million yuan with its own funds and 540 million yuan was borrowed from the bank of the Thai subsidiary. The proposal has been reviewed and approved by the Strategy and Sustainable Development Committee of the company's board of directors.