2 billion, the core equipment of Xiamen Luwei Optoelectronic Display Materials Project comes into operation

On April 23, the Xiamen Luwei Optoelectronics high-generation high-precision mask production base with a total investment of 2 billion yuan completed the installation of the first batch of core process equipment. The project transferred from civil construction to equipment installation and commissioning. Subsequent projects will sequentially carry out equipment debugging, process verification, and trial production related work, and trial production is planned to be achieved in mid-2026.

The project will lay the foundation stone in July 2025, and the main factory building will be capped in January 2026. The project plans to build 11 high-end mask production lines, 5 of which have been implemented in advance, focusing on high-precision masks of generation 8.6 and below. The products are adapted to a-Si, LTPS, AMOLED, LTPO, Micro LED and other display panel processes, and are supported by panel manufacturers such as BOE, Tianma, and TCL CSOT.

It is understood that masks are core process consumables for display chips. The production workshop requires a tenth-level ultra-high clean environment. The project is also equipped with special anti-microseismic and high-clean building construction standards.

Previously, Luwei Optoelectronics clearly disclosed in the investor survey in November 2025 that in order to continue to expand the production capacity of high-generation high-precision masks, the company has deployed Xiamen, a key production base. On January 21, 2026, the company once again issued a private placement announcement, intending to raise no more than 1.38 billion yuan. The funds will be used exclusively for the construction of the first phase of the Xiamen mask base, supplementing daily working capital and repaying bank loans, providing financial guarantee for the accelerated implementation of the project.

In terms of operating performance, Luwei Optoelectronics achieved full-year revenue of 1.155 billion yuan in 2025, a year-on-year increase of 31.94%; net profit attributable to the parent company was 252 million yuan, a year-on-year increase of 32.02%. The company's performance growth is mainly due to the steady release of its own production capacity and the continued strong market demand in the downstream display industry.