Recently, the official website of Yantai Economic and Technological Development Zone disclosed the land use plan for the BOE Advanced Display Materials Research Institute project.
The project is located in Block B-9 of Yantai Development Zone, east of Beijing Middle Road and south of Bajiaohe South Street. The project covers an area of 33,344 square meters (50 mu) and has a building area of 54,544.21 square meters. It is being constructed by Yantai BOE Materials Technology Co., Ltd. (hereinafter referred to as "Yantai BOE Materials").
Image source: Yantai Economic and Technological Development Zone
It is understood that Yantai BOE Materials focuses on the research and development and sales of electronic special materials, and currently has related products being promoted and verified.
The company was jointly invested in by four companies: BOE Materials, Wanrun Shares, Debon Technology, and Yeda Economic Development, with a total investment of 800 million yuan. Among them, BOE Materials invested 464 million yuan, accounting for 58%; Wanrun Shares invested 160 million yuan, accounting for 20%; Debon Technology invested 144 million yuan, accounting for 18%; and Yeda Economic Development invested 32 million yuan, accounting for 4%.
According to public information, BOE Materials was established in August 2024 with a registered capital of 500 million yuan. Its business scope includes: research and development of new materials technologies; promotion services for new materials technologies; sales of chemical products (excluding licensed chemical products); and sales of electronic special materials. Qichacha shows that the company is wholly owned by BOE and is a wholly-owned subsidiary of BOE Technology Group Co., Ltd., which focuses on the electronic materials business.
Wanrun Co., Ltd. mainly engages in four major businesses: environmental protection materials, electronic information materials, new energy materials, and life sciences and pharmaceuticals. Its products cover multiple categories, including liquid crystal materials, OLED materials, polyimide materials, zeolites, perovskite photovoltaics, and pharmaceutical intermediates. In the OLED materials sector, its subsidiary, Sanyue Technology, has already achieved downstream verification and supply of several finished OLED materials; its subsidiary, Jiumu Chemical, is capable of producing all types of pre-sublimation materials for OLEDs and was listed on the National Equities Exchange and Quotations (NEEQ) in March of this year.
Debon Technology focuses on the R&D and industrialization of high-end electronic packaging materials. Its products include electronic-grade adhesives and functional thin-film materials, widely used in various packaging processes and application scenarios, such as wafer fabrication, chip-level packaging, power device packaging, board-level packaging, module and system integration packaging. (Compiled by TrendForce Display)
