Strategic Cooperation Agreement is Signed By CEIEC
On August 24th, the signing ceremony of the strategic cooperation agreement of CEIEC and Shenzhen Huaxing Photoelectric Technology Co. Ltd. (hereinafter referred to as Huaxing) was held in Shenzhen. The leaders of Huaxing, CEIEC and CEIEC (Shenzhen), together with other related people from both parties, attended the ceremony.
Huaxing is a high-tech company invested jointly by TCL Corporation and Shenzhen Century Science & Technology Investment Corporation with a total investment of ¥24.5 billion RMB. This is the biggest single investment ever and also one of the most important projects currently in Shenzhen.
The strategic cooperation agreement, before which CEIEC has already won the bidding project of the 8.5-Generation TFT-LCD Panel Production Line, is believed to enhance the cooperation between CEIEC and Huaxing in related fields in the future.
According to the agreement, on the principle of honest cooperation, mutual complementarities and mutual benefit, a strategic partnership will be established to fully exert the advantages of both parties in resource, qualification, brand, technology, geography and channel, and the cooperation across up- and downstream industries will be formed to realize the common development for both CEIEC and Huaxing.
