Fucai: 325 million plus investment in AUO, MicroLED officially mass-produced this season

On March 6, Fucai Investment Holdings held a board of directors meeting and a press conference to formally announce major asset disposals, strategic investment resolutions and 2025 financial data.

According to the announcement, Fucai, through its subsidiary Fucai Optoelectronics, decided to dispose of the factory buildings and ancillary equipment located in Zhunan, Miaoli. The transaction object is a subsidiary of DuPont. The total transaction amount is 2 billion yuan, approximately RMB 433 million. Fucai estimates that the disposal of assets will bring benefits of approximately 1.173 billion yuan, and the proceeds are planned to be used to strengthen the group's strategic layout and enrich working capital.

At the same time, the board of directors approved a reverse investment plan and planned to spend 1.5 billion yuan to buy the shares of major shareholder AU Optronics. Currently, AU Optronics holds about 93,500 shares in Fucai, with a shareholding ratio of 12.68%, and has one director seat. The company pointed out that this move is intended to enhance the strategic synergy within the group and expand the high value-added application market.

Through this asset swap and equity layout, Fucai aims to optimize its financial structure and deepen its supply chain cooperation with AUO in the field of next-generation display technology.

In terms of operating performance, Fucai simultaneously disclosed the consolidated financial report for 2025 that has been reviewed by accountants. Last year's consolidated revenue was 22.183 billion yuan, a year-on-year decrease of 9%; the net loss attributable to owners of the parent company was 2.71 billion yuan, and the loss expanded from the previous year; the net loss per share was 3.69 yuan.

Regarding technology progress and future prospects, Fucai said at the conference that Micro LED products have passed customer verification and will be officially mass-produced this quarter. The company's management expects that Micro LED will transition from the research and development stage to substantial revenue contribution starting this year, and is expected to become an important growth driver in the next two years.