Reported 11 months ago
Dong Jie (8064), a supplier of MicroLED and panel-level packaging equipment to AU Optronics (3481), saw a surge in stock price and trading volume amidst positive prospects for shipments. With the increasing investment in MicroLED by panel manufacturers this year, Dong Jie expects a boost in revenue contribution from equipment such as mass transfer, repair, LED lighting, and laser cutting. As AU Optronics ramps up its panel-level packaging production and embarks on a second-phase investment in the latter half of the year, Dong Jie is poised to benefit. This article also covers Strong March attacking electric vehicles with new products slated for mass production next year, as well as plans for stock market connectivity between China and Switzerland and a storm approaching the real estate sector in mainland China affecting steel and cement industries.
Source: YAHOO