Up to 5 billion, two domestic new display material projects are about to start construction and mass production

Recently, the construction of new domestic display material projects has made progress. A high-end display and semiconductor material base with a total investment of 5 billion has started construction in Changsha. Fenglianke Optoelectronics' G8.7 AMOLED material project has achieved mass production in Luoyang.

With a total investment of 5 billion, Changsha’s high-end display and semiconductor material base has started construction

On July 17, according to Wangcheng Economic Development Zone news, Yuanxinke’s high-end display and semiconductor key material R&D and production base project officially started construction in Changsha Wangcheng Economic Development Zone. This project focuses on the upstream core materials of the semiconductor and new display industries.

The total investment of the project is 5 billion yuan, and the first phase investment is 1.5 billion yuan. After full production, it is expected to achieve an annual output value of over 5 billion yuan. At present, the project has received the first round of strategic investment from Xinding Capital, a domestic AI and semiconductor investment institution.

The project construction company Yuanxinke Microelectronics was established on December 23, 2025, with a registered capital of 290 million yuan.

The company was established by investor Zhu Xin and senior technical teams from Korea and Japan, and is positioned to focus on the upstream core materials of the semiconductor and new display industries. Its business scope covers integrated circuit chip design and services, optoelectronic device manufacturing, display device manufacturing, electronic special material research and development, manufacturing and sales, integrated circuit manufacturing, semiconductor discrete device manufacturing, semiconductor device special equipment manufacturing, etc.

Zhu Xin, chairman of Yuanxin Kewei, said that the project will be efficiently promoted to be put into production early and achieve early results. It plans to raise more than 10 billion yuan in investment, continue to develop independent core technologies, and strive to build a flagship benchmark for Hunan's AI industry chain.

Fenglianke Optoelectronics G8.7 AMOLED material project is mass-produced in Luoyang

Recently, Luoyang Headlines reported that the G8.7 AMOLED special silver alloy tube target of Fenglianke Optoelectronics Co., Ltd. in Luoyang completed the final inspection and was successfully packaged and shipped, breaking the dependence on imports of silver alloy tube targets.