On October 10, Kaisheng Technology announced the announcement of the second phase of the project to expand the mobile phone cover. Its wholly-owned subsidiary, Qi Huayi, plans to invest 65.8 million yuan to build the second phase of the mobile phone protection cover in the original factory. Kaisheng Technology also announced the announcement of investment in the construction of CMP (Polished Abrasive Materials) project. Its subsidiary Anhui Zhongchuang plans to invest 84.81 million yuan to build a production line with an annual output of 3,500 tons of CMP polishing materials.
The above means that Kaisheng Technology starts from the glass cover processing and upstream glass processing consumables at the current stage, with a total investment of more than 150 million to thicken its advantages in the field of electronic glass. From this, we can also read out that the market's confidence in the glass cover industry is strengthening. The new grinding process represented by CMP improves the product quality and the technical threshold of polishing and polishing materials.
At present, in the consumer electronics market, as the 5G era accelerates, the trend of metal removal is accelerating. The glass materials represented by zirconia and the Corning gorilla have formed a pinch against the metal cover. Among them, the glass route is smoother. The penetration rate of the double-glass body in the first-line brand customers has been continuously rising; at the same time, with the promotion of the new process of the double-glass body, the processing efficiency of the industry has also declined; in addition, some vertical industries have introduced new glass cover applications. There is also a significant impact on the fluctuations in the industrial capacity demand of the glass cover. Therefore, there will be a partial tension in the glass cover industry in the future.
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