On January 11, Sichuan Tianfu New Area Meishan Industrial Investment Promotion Conference and Project Centralized Signing Ceremony was successfully held at the Shanghai International Convention Center, Anhui Xitai Intelligent Technology Co., Ltd. (hereinafter referred to as "Xitai Technology") and Sichuan Tianfu New Area Meishan Management Committee signed an investment agreement with Xitai Technology, which marked the official landing of Xitai Technology's 12-inch Micro OLED module production line in the new area.
It is reported that Xitai Technology belongs to the new display industry, and its products are mainly used in the field of virtual reality, which is an industrial category supported by the state and an application field that encourages development. The main product, Micro OLED, is a new display technology for the preparation of active light-emitting OLED devices on monocrystalline silicon wafers, and specifically for XR applications, Micro OLED is currently the most suitable display technology for virtual reality.
The person in charge of the Sichuan Manufacturing Collaborative Development Fund, the lead investor, said: "Xitai Technology is a core enterprise in the six advantageous industries in Sichuan, with strong technology research and development capabilities, ranking in the first echelon in China in the field of silicon-based OLED manufacturing, and is expected to become the only four companies in the world that can provide 12-inch MicroOLED effective production capacity in the first half of 2024, and become an important supplier with "8+12" inch R&D and manufacturing capabilities in the global industry at the same time."
Huantian Private Equity Fund Management Co., Ltd., a subsidiary of Huantian Industrial Investment, as the parent fund manager of Meishan Tianfu New Area Industry Guidance Fund, deeply serves the industrial development of the new area and actively promotes the implementation of Xitai technology projects in the new area.
Highlight 1: High efficiency. The project is the first project of the Meishan Tianfu New Area Industrial Investment Guidance Fund after the filing with the AMAC, and through the full preparation of due diligence negotiations in the early stage, it takes no more than 5 days from the completion of the filing to the signing of the project investment, which fully reflects the speed and efficiency of the industrial guidance of the new area.
Highlight 2: High energy level. Xitai Technology has also introduced state-owned capital and listed company fund institutions such as the National Manufacturing Sub-Fund, Anhui Provincial Cultural Investment, Wuhu Construction Investment, BOE and other state-owned capital and listed company fund institutions in this round of investment, realizing multi-level and multi-dimensional cross-provincial linkage investment, and the landing in the new area will achieve a first-phase investment of more than 1 billion, and the future investment will exceed 6 billion. The new area guidance fund followed the investment, and the linkage attracted enterprises to land in the new area, successfully realized the effective amplification of industrial guidance funds, and the capital leverage ratio of the Meishan Tianfu New Area industrial investment guidance fund could reach 30 times.
Highlight 3: The carrier is excellent. In the process of landing the enterprise, Xitai Technology purchased and customized a 12,000-square-meter high-standard factory building, and settled in the Chengmei Cooperative Digital Economy Industrial Park under Huantian Industrial Investment, which fully reflects the role of the industrial park as a carrier for nesting and attracting phoenixes.
"This round of financing will help Xitai Technology further increase R&D investment in silicon-based OLED technology, enhance product innovation capabilities, expand production capacity, and accelerate market expansion in the XR industry," said the person in charge of Xitai Technology. At the same time, the financing will help Xitai Technology enhance its brand influence, attract more outstanding talents to join, and inject new vitality into the company's long-term development. ”
The landing of Xitai Technology in the new area will further supplement the new display industry chain in the new area, integrate the supply chain, improve the industrial value chain, and promote the electronic information industry in the new area to become bigger and stronger, and the transformation and upgrading of the manufacturing industry.
In the future, Meishan Tianfu New Area Industry Guidance Fund will continue to work with excellent domestic partners to give full play to the advantages of the high-standard industrial park carrier owned by the new area, adopt the model of "one industry, one park, one fund", and jointly build industrial sub-funds with powerful institutions to help the development of industrial clusters in the new area.
· Produced by Meishan Tianfu New Area Financial Media Center ·
Editor on duty: Zhao Hui
Editor in charge: Wen Ya
Source: Meishan Tiantou