In 2024, the new display industrial chain achieved an output value of RMB6.26 billion, a year-on-year increase of 24.3%. At present, there are 53 enterprises in the industrial chain, including 33 enterprises above the designated size and 13 enterprises with an annual output value of over RMB100 million. Huaihua boasts rich silica sand resources, with proved reserves of more than one billion metric tons. The silicon dioxide content of the raw ore can be as high as 99.1%. Huaihua ranks among the top five in China for its silica sand with good quality and high output. All these have provided the perfect setting for the new display industry to flourish. Xinghuai New Material, Yixin Electronics and other projects have been developed in the upstream industrial chain; Xuyang Display, Jiaye Electronics and other display module manufacturers have been introduced to the midstream industrial chain; and Yinke Intelligent, Yichu Intelligent and other display terminal manufacturers have been introduced to the downstream industrial chain. By around 2030, Huaihua strives to build itself into a production base for new display materials and an industrial cluster of display panel modules in Hunan Province and build the new display industry into an advanced manufacturing industrial cluster with an output value of over RMB100 billion.

Key enterprises: Xinghuai New Material, Hongxin Industry, Xuyang Display, Hongkang New Material, Yinke Intelligent, Jiufa Technology, Jiaye Electronics, and Geheng Technology.

Development priorities: Glass cover, display panel, touch control module, display module, smart home terminal, laptop, and other products.

Xuyang Display              Hongkang New Material

Hunan Xinghuai New Material Technology Co., Ltd.

(Translated by Professor Yu Jie)