Phase I Project Of Shenzhen Textile Increased Capital Polarizer
Shenzhen textile said that the main reason for the increase in total investment was to increase investment in wide production lines, with a width of 1330mm.
Polarizer
After the production line is adjusted to a polarizer production line with a width of 1490mm, the investment of production equipment and instruments and equipment is increased correspondingly, so as to improve the cutting efficiency of products, meet the needs of the market, and provide better matching for the domestic panel production line.
With the recovery of the global economy,
Consumer
With the restoration of confidence and the implementation of the planned expansion plan of the global panel factory, the demand for polarizer has increased sharply.
In 2009, the shipment area of the global TFT-LCD optical film was estimated at 543 million square meters, with a total shipment volume of US $9 billion 100 million, of which the polarizer accounted for 1/3 of the total optical film output and nearly 2/3 of the output value.
According to DISplaySearch, an industry authority, the shipment area of Polaroid will grow by 13% in 2010 compared with this year. The demand for the 2010~2011 year polarizer market will increase by 117 million square meters. However, according to the new plan of the existing polarizer production capacity, the market supply in the 2010~2011 years will only increase by 79 million 600 thousand square meters.
The supply gap is large, and the production of Polaroid can not meet the needs of the market.
Previously, Jiangnan securities issued research report that deep textile is the only private brand in the field of TFT-LCD polarizer in China. At present, LCD polarizing business is only a phase of investment. According to company planning, there is a two phase project of 1 billion yuan. In the case of global LCD capacity pfer to China, the downstream needs of the company are ample and the development prospect is very broad. The target price of the company is 18 yuan, and the investment rating is "buy".
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