With a total investment of 5.5 billion yuan, Xusheng Electronics signed a contract with Sichuan for MicroLED carrier board base

According to Sichuan Economic Network, on March 26, Nanchong City, Sichuan City held a signing ceremony for investment projects in the first quarter of 2026. 15 projects were signed on site, with a total agreed investment of 13.15 billion yuan.

At the signing ceremony, Jiangxi Xusheng Electronics Co., Ltd. (hereinafter referred to as: Xusheng Electronics) signed a contract to settle down. It plans to invest 5.5 billion yuan to build a Micro LED (COB) carrier board production base and move its corporate headquarters to Gaoping District, Nanchong.

This project is the largest industrial project invested in Nanchong this year. After the project is implemented, it will make up for the shortcomings of the local high-end printed circuit board industry and help Nanchong's electronic information industry build a strong chain; the company is also expected to become Nanchong's first locally listed investment attraction company.

Information shows that Xusheng Electronics was established on November 6, 2017. It is a key investment and construction project in Jiangxi Province. Its registered address is located at No. 1 Xusheng Avenue, Jishui County Industrial Park, Ji'an City, Jiangxi Province. It is a PCB circuit board manufacturing enterprise integrating R&D, production and sales. Its products are widely used in smart homes, communication equipment, medical, automotive electronics, 5G and other fields.

In November last year, the 18th Anji County Investment and Trade Talent Fair 2025 was held in Anji County, Huzhou City, Zhejiang Province. Xusheng Electronics has signed a contract there and plans to build a Micro LED COB carrier board production base with an annual output of 2.4 million square meters.

Since March, related projects and mass production progress in the Micro LED industry chain have continued to be implemented, and multiple links have been accelerated simultaneously.

On March 6, Jueyuan Chuangzhi Technology Intelligent Display Terminal (Guangxi) manufacturing base officially started construction, with an initial investment of 500 million yuan, planning to build a Micro LED light engine and smart glasses ODM R&D and manufacturing base, which is expected to be put into production in the first half of 2026. At the initial stage of the project, the monthly production capacity will reach 10,000 sets of smart glasses and 100,000 sets of light engines.

On the other hand, upstream chips and devices have also begun to enter the commercialization stage. On March 6, Fucai stated at a press conference that its Micro LED products have passed customer verification and will be officially mass-produced in the first quarter of 2026. The company expects this business to gradually contribute to revenue starting this year and become an important growth driver in the next two years. (Source: Sichuan Economic Network, compiled by LEDinside)

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