The company responded, Hello, thank you for your attention to the company. The new display industry in which the company operates is a strategic emerging industry that is highly capital- and technology-intensive. The company continues to focus on the organic growth of its main business, and prudently plans based on its own development plans and strategic goals, combined with industry trends, market development and other factors.Plan and invest in the main business at the right time. The production lines involved in the issuance of A shares to specific targets include the TM20 production line (focusing on the automotive, IT, and industrial product fields) announced by the company last year as a joint venture, as well as the automotive and IT technological transformation projects of the Shanghai and Xiamen production lines. They are all anchored in the automotive industry where the company has always had strong advantages and has obvious trends in market scale growth and specification upgrades. , industrial products and other professional display business fields, as well as the IT display field, which is a key increment of the company's development, will help improve the company's overall production capacity and medium and large-size module dedicated line capabilities in related fields, and form an efficient match with the company's existing production lines and operations, continuously enrich the product solution portfolio, and further enhance the company's comprehensive strength in the display field.
On June 7, an investor asked Shenzhen Tianma A: Display leaders such as BOE and TCL are shrinking production capacity. Why does Tianma not invest huge amounts of money to increase the current excess production capacity? Are you preparing for Jukui in the future?
ANNA