New TFT Factory in Shanghai

On Dec.1,05, Tianma (Shanghai) Microelectronics Co. Ltd. joint venture contract signature ceremony was celebrated in the first conference hall of Shanghai Government building.
Mr. Hu YanZhao, Vice Major of Shanghai Government, Mr. Zhang Xuebing, District Head of Shanghai Pudong District, Mr. Yang Yuzhong, Vice President of China 1st Aviation Group and Mr. Wang Xinkuo, Vice President of CATIC Group joined the ceremony.

The ceremony was hold by Mr. Xu Jianguo, Secretary General of Shanghai government.

Mr. Liu Ruiling, General Manager of the company presented a brief introduction report to the project.

After the addresses made by Mr.Yang Yuzhong, Vice President of China 1st Aviation Group, and Mr. Ling Baoheng, Director of Shanghai State-owned Property Committee, Mr. Wu Guangquan, the Board Chairman of Tianma Microelectronics Co. Ltd., Mr. Liu Ruiling, General Manager of Tianma Microelectronics Co. Ltd., representing the Shenzhen parts, signed the contract of cooperation, <Joint Venture Cooperation Contract of Tianma (Shanghai) Microelectronics Co., Ltd> and < The Memo of 4.5 Generation TFT Production Line Project of Tianma (Shanghai) Microelectronics Co. Ltd.> with the 3 parts from Shanghai, which symbolized the official start up of the project of Tianma (Shanghai) Microelectronics Co. Ltd.

Introduction to the Project

This project is invested by Tianma Microelectronics Co. Ltd, (30%), Catic Shenzhen Group, (21%), Shanghai Zhang Jian Group Co., Ltd, (20%), Shanghai State-owned Property Management Co. Ltd (19%) and Shanghai Industrial Investment Co. Ltd (10%).

The total project investment for this 4.5 generation TFT-LCD Production Line is RMB 3,100,000,000. The production capacity is 30,000 pieces (730x920mm) glass per month, which means 17,500,000 pcs 5” TFT glass per month.

The target market is the middle and small size TFT market of less than 10.4”, typical product is the 3.5’—9.0” LCD and its module, used in portable display terminal, automotive display, industrial display, portable DVD, Game boy etc.
The main markets are European and American market, Japanese and Korea market, as well as domestic market including HK and Taiwan market.

This project is to use the TN mode a-Si TFT technology introduced by Tianma overseas expert and experienced engineers and Tianmas TFT technology prepared by the internal engineer team.
The main production equipment will be imported from Japan and America. The production building and other additional facilities are also planned.

The project location is in Zhang Jiang High Tech Zone of Pudong district, Shanghai. The total area is 300,000 square meters.
The project schedule is to start the building from the second quarter of 2006 and building lead time is 18 months, the mass production preparation is to finish within two years.

This project is to lead the other industries development of ITO Glass, Liquid crystal materials, color filter, backlight, polarizer, IC controller, as well as the mobile phone, PDA, automotive etc, which will enlarge the industry scale by RMB 25,000,000,000 in Yangzi river triangle area. This project belongs to the high technology industry of flat panel display which China Government mainly encourages.