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HKC's Mini LED project in Changsha is under negotiation, with a total investment of 7 billion yuan.

HKC's Mini LED project in Changsha is under negotiation, with a total investment of 7 billion yuan.

2026-02-04 13:13:05 · · #1

According to the "WeiLiuyang" news, from December 12th to 13th, Xiao Zhengbo, member of the Standing Committee of the Changsha Municipal Party Committee, Secretary of the Liuyang Municipal Party Committee, and Director of the Changsha New Display Industry Chain, once again led a team to Shenzhen to visit key enterprises such as HKC Corporation (hereinafter referred to as "HKC") to promote the accelerated implementation of major projects.

According to reports, the HKC Mini LED backlight/direct display module and complete machine project, which is being negotiated this time, has a total investment of about 7 billion yuan, covers an area of ​​about 116 mu, and has an annual output value of about 7 billion yuan. The products mainly include backlight modules for display products such as Mini LED LCD TVs, cabinets for Mini LED direct display, and Mini LED all-in-one machines.

According to available information, HKC was founded in December 2001 and is a technology company specializing in the semiconductor display field. Its main business is the research and development and manufacturing of core display devices such as semiconductor display panels and smart display terminals. HKC's existing technologies include amorphous silicon a-Si TFT-LCD technology, Oxide TFT, Oxide RGB OLED, Oxide LCD, and Mini LED.

In 2024, HKC made significant progress on several projects.

In October, HKC launched a Mini LED project in Mianyang, Sichuan. The project has a total investment of 7 billion yuan and will mainly produce high-end Mini LED direct-view modules and high-end Mini LED backlight modules.

In May, the Changsha Huike Smart Manufacturing Industrial Complex was nearing completion, with a total investment of 5 billion yuan. It is expected to attract more than 50 companies from related industrial chains such as electronic information, smart manufacturing, and new materials.

In January, the Yichang Huike Industrial Chain Matching and Negotiation Conference and the Yifeng Optoelectronics MLED COB Product Lighting Ceremony were held. Once the production line reaches full capacity, it is expected to become one of the top three electronic shelf label production bases in China and the largest display equipment manufacturing base in the country.

In terms of products, HKC has made significant progress in the fields of Mini LED and Micro LED. On November 27th of this year, the company launched a Mini LED display with an ultra-high contrast ratio of 5,000,000:1; on December 9th, HKC announced the successful lighting of the industry's first 6.67-inch Micro LED direct display screen based on a glass-based HMO backplane.

In the capital market, HKC had previously submitted a listing application to the Shenzhen Stock Exchange in June 2022, but withdrew the application in August 2023. On February 28, 2024, HKC restarted its IPO process, signed a listing guidance agreement with CICC, and registered for guidance with the Shenzhen Securities Regulatory Bureau.

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