Dongshan Precision and Hehui Optoelectronics Enhance OLED Market Competitiveness

Dongshan Precision (002384) announced on the evening of June 13, the company and Shanghai Hehui Optoelectronics Co., Ltd. (hereinafter referred to as "He Hui Optoelectronics") signed the "Strategic Cooperation Agreement." Established in October 2012, Hehui Optoelectronics Co., Ltd. is a high-tech company specializing in the production of small and medium-sized AMOLED displays and the development of next-generation display technologies.

According to the agreement, through the strategic cooperation between the two parties, in terms of mobile phones and smart wearable devices, we can open up new customer resources and provide customers with more quality and cost products. At the same time, it can help both parties to further improve overall operational efficiency, reduce operating costs, and achieve mutual competitiveness in the future OLED market, creating greater business value for both parties.

Hehui Optoelectronics provides OLED substrates for the company and provides product development and OLED substrate technology support; the company conducts OLED product modules and full-stick production, sales and customer service.

According to the company, the AMOLED screen has the advantages of wide color gamut, low energy consumption, ultra-thin and lightness, and its flexible and extensible flexible characteristics can make the product more innovative in form. Not long ago, several well-known mobile phone manufacturers launched AMOLED screen mobile phones one after another and the market reaction exceeded expectations. This has shown that the future will inevitably accelerate the application of small and medium-sized AMOLED panels on smart phones. The advantages of Huiguang's AMOLED screen products are obvious. This cooperation will have a positive effect on the development of the company's consumer electronics business, in line with the company's development strategy.

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