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Oledtech has officially declared that its fully-owned subsidiary, Shanghai Shengxi Optoelectronics Technology Co., Ltd., has recently emerged victorious in the bidding process for Phase I of the technical enhancement and renovation project at BOE's PNL factory located in Mianyang. The winning bid stands at an impressive 43.6954 million yuan. As a pivotal domestic supplier of evaporation sources, this achievement is poised to significantly bolster the company's prowess in self-developed technologies, fortify its standing within the supply chain, and drive forward the initiative for import substitution. Although there might be a lag in revenue recognition, the project is anticipated to exert a favorable influence on the company's financial performance in the years 2026 and 2027.
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