LCD panel giant launches major Guiyang and Gui'an base

The HKC LCD panel production base in Gui'an Comprehensive Bonded Zone. [Photo/Guiyang Daily]

HKC Corporation, a leading global manufacturer of LCD panels, inaugurated its new production facility in the Gui'an Comprehensive Bonded Zone on May 7, marking the initial phase of HKC's ambitious display industry cluster in Guizhou province. The facility is dedicated to producing small and medium-sized smart terminal display modules, including electronic paper and smart wearable product displays.

The project is being rolled out in two phases, with the first phase receiving an investment of 3.33 billion yuan ($463.09 million). Once fully operational, the facility is expected to generate an annual output value exceeding 4 billion yuan and create approximately 1,000 jobs.

HKC Corporation specializes in the semiconductor display sector, focusing on the research, development, manufacturing, and sales of semiconductor display panels and smart display terminals.

The decision to establish a presence here was driven by the zone’s strategic advantages, having attracted over 300 foreign trade entities. According to Hang Jingqiang, vice-president of HKC Corporation, the zone's location and increasing openness make it an ideal platform for HKC's market expansion.

The zone is committed to providing robust support for enterprises, ensuring the timely execution of investment projects by closely monitoring critical stages such as factory renovations, equipment procurement, and installation.

The zone has attracted enterprises in bonded maintenance and remanufacturing, as well as the optoelectronic display and lighting industries. In 2024, the zone's bonded business volume reached 10.23 billion yuan, representing a 38.5 percent year-over-year increase.

The zone also plans to establish a streamlined mechanism to expedite the approval process. This initiative aims to ensure integration from application receipt to acceptance, processing, tracking, approval, result issuance, and delivery, enhancing the efficiency of government services.