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Portfolio News | The Signing Ceremony of Nuoyan Capital's Major Optical Materials Project Was Completed, Promoting the Strategic Development of New Quality Productivity of Hefei's New Display Industry

2024-03-31


On March 27, Hefei Xinzhan Hi-tech Zone and Hefei Xinmei Materials Technology Co., Ltd. (hereinafter referred to as "Xinmei Materials"), the holding company of Nuoyan Capital, successfully held a signing ceremony for the OLED new materials and R&D center project cooperation, marking the official launch of the Xinmei Materials project in Hefei.


Yuan Fei, member of the Standing Committee of the Hefei Municipal Party Committee and deputy mayor, Huang Weidong, secretary of the Party Working Committee and director of the Management Committee of Xinzhan High-tech Zone, and Li Xinfei, chairman of Shanghai Nuoyan Enterprise Management Co., Ltd. and executive director of Hefei Xinmei Materials Technology Co., Ltd., witnessed the signing. An Zhiqiang, member of the Party Working Committee and deputy director of the Management Committee of Xinzhan High-tech Zone, and Roger Zhuang, general manager of Nuoyan Capital signed the contract on behalf of both parties.


With the strong support of government departments and industrial partners at all levels, including Hefei Municipal Government, Changfeng County Government, Xinzhan High-tech Zone Government, Hefei Industrial Investment Group, Hefei North City Construction Investment Group, and Hefei High-quality Guidance Fund, Nuoyan Capital completed the strategic acquisition of core display material R&D production lines by establishing Xinmei Materials, actively responding to the General Secretary’s strategic deployment on enhancing new quality productivity, building a world-class polarizer material industry chain and OLED material supplier, and continuously contributing to the new development of the industrial economy of Anhui Province and Hefei City.


In the context of the new era, the new display industry must generate new development momentum with scientific and technological innovation and disruptive technological innovation, accelerate the gathering and generation of new quality productivity, and drive the high-quality development of the industry. The new display industry has always been the "golden signboard" of Xinzhan High-tech Zone and a landmark industry in Hefei. The signing of the contract between Xinmei Materials and Xinzhan High-tech Zone will form a large-scale industrial cluster effect with local leading companies such as BOE and Visionox, which will help enhance the competitiveness of the industry and is also a powerful supplement to Hefei in the field of new displays.


In the future, Nuoyan Capital will stabilize the supply chain by integrating the industry experience and resources of both China and foreign countries, attract overseas talents, and enhance the R&D and management capabilities of Xinmei Materials in an all-round and multi-level manner. We will continue to focus on new materials, semiconductors and other fields, and under the policy guidance of governments at all levels in Anhui Province, with the "craftsman spirit" as our sentiment and "industry serving the country" as our responsibility and mission, we will help Anhui Province's strategic emerging industries develop with high quality.

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