The annual output value is expected to exceed 2 billion yuan. Leyard Changsha Intelligent Terminal Industrial Park is officially put into operation.

This morning, Leyard Changsha Intelligent Terminal Industrial Park held a commissioning ceremony. The project has a total investment of 500 million yuan and mainly produces LED displays and related products. It is expected that after reaching full production, it can achieve an annual output value of 2 billion yuan and an annual tax revenue of more than 60 million yuan. District Party Secretary Fu Xuming announced that the project was put into operation. District leaders Zhou Ji and Yang Qinhan attended the commissioning ceremony.

Leyard Optoelectronics Co., Ltd. was established in 1995 and listed on the GEM in 2012. It is a global audio-visual technology leader and one of the top 100 electronic information companies in China. The main business is in the four major sectors of intelligent display and new cultural and tourism formats. The products are mainly used in major celebrations such as the 70th anniversary celebration of the founding of the People's Republic of China and the 40th anniversary of Shenzhen's reform and opening up. The products are sold to many regions at home and abroad. The company has ranked first in the global LED display product market share for four consecutive years.

On March 9 this year, Leyard Optoelectronics Intelligent Manufacturing Industrial Park officially signed a contract and settled in Wangcheng. The project took 2 months from the first contact to the signing of the contract, and only 3 months from the factory decoration to the official production. The project was signed, constructed and put into production in the same year. It was rated as one of the "Ten Fast" projects of Wangcheng Economic Development Zone in the semi-annual period. It will further improve and improve the industrial chain, expand the industrial cluster and inject more new momentum into the park to promote the high-quality development of the manufacturing industry.

Li Jun, chairman of Leyard Group, said that the official launch of Leyard Optoelectronics Intelligent Manufacturing Industrial Park marks a key step in Leyard's vision of deploying a monthly production capacity of 6 billion display devices in Changsha. In the next step, the group will make additional investment to purchase land in Wangcheng and build its own industrial park to build Leyard's largest production base in the world.