Layout of high margin products, capital expenditure of Youda and qunchuang increased by 30% year on year

In the Chinese mainland do or think the same without prior consulation2, the Korean panel factory is trying to earn the price of LCD. The Taiwan area has double capital outlay, and the total number of Taiwan's double tiger will invest about 47 billion yuan (NT $30%) this year, which is a big increase over the previous year. If the total capital expenditure of four Taiwan display companies is 54billion yuan this year, a 34.3% increase from last year's 40.2 billion yuan, if the 5 billion yuan of color crystal is added and the 2 billion yuan of Yuantai is added.

The novel coronavirus pneumonia is just unfolding, the economic effect of the derivative house, the demand for home office, home learning and entertainment, and the demand for panel are increasing. When the market is good, the capital expenditure is raised to 22 billion to 25 billion yuan this year.

In 2020, Youda started "double axis transformation + 1" and announced that its capital expenditure this year is about 22 billion yuan, an annual increase of more than 40%. Group innovation strives to promote "transformation and reconstruction. Value leap forward". In 2021, the capital expenditure will reach 25 billion yuan, with an annual growth of 20%.

Peng Shuanglang, chairman of Youda, said that he would seize the opportunity to accelerate the pace of transformation in recent years, make more investment and mergers and acquisitions from the panel, so as to make Youda's layout in the ecological field more complete, and then jump out of the panel business cycle.

He also stressed that, in addition to the layout of Jiashida and Fucai investment control in Jiama investment group, Youda, which had a cash balance of 103.7 billion yuan by the end of the first quarter of this year, should also consider investment in systems, semiconductors and other fields.