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 Mr. Francis Ngai and Ms. Ada Wong, JP, Deputy Chairs of the Organizing Committee of the Hong Kong Social Enterprise Summit; Mr. Alan Cheung, MH, Member of the Organizing Committee; Ms. Rebecca Choy Yung and Dr. CA Tse, Co-chairs of the Committee; Mr. Clarence Leung, Under Secretary for Home and Youth Affairs; Ms. Dorothy Lam; and Mr. Timothy Ma, MH, J)
13th Party Central Committee convenes meeting in Hà Nội
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Strengthen Synergies with Shenzhen CSOT withProduction Line Certified by Prominent Client
HONG KONG, CHINA - Media OutReach - 14 September 2018 - China Display Optoelectronics Technology HoldingsLimited ("Ch Display Opt" or the"Company", together with its subsidiaries, the "Group"; HKSE stock code: 334) is pleased to announce that the productionline operated by China Display Optoelectronics Technology (Huizhou) Co., Ltd., awholly-owned subsidiary of the Company, has passed the qualificationrequirements of one of the world's leading smartphone manufacturers, and isqualified to produce display module products to be used in the end products ofthe said smartphone manufacturer.
As apart of the Group's sustained efforts in strengthening cooperation withShenzhen China Star Optoelectronics Technology Co., Ltd ("Shenzhen CSOT"), thequalification of the Group's production line will enable it to expand its endcustomer base. It is estimated that orders from the new end customer willaccount for approximately 10-20% of the Group's overall sales in 2018, bringingpositive impact to the future development of the Company in the long run.
TheManagement of Ch Display Optsaid, "The cooperation with the renowned smartphone client signifies amajor achievement between the Group and Shenzhen CSOT in seeking synergies andpursuing new customers. The Group will continue to strengthen synergies withShenzhen CSOT to utilize its connection to establish business relationshipswith top-tier corporations and reputable customers to foster the long-termstable development of the Group."
About China Display Optoelectronics Technology(334.HK)
Headquartered in China, China DisplayOptoelectronics Technology Holdings Limited (HKSE stock code: 334) is one ofthe major providers of small-to-medium-sized display modules in the region. ChDisplay Opt engages primarily in the research and development, manufacturing,sales and distribution of LCD modules mainly for handheld mobile devices on anODM basis. Smartphone LCD module products of Ch Display Opt are welcomed bydomestic and overseas manufacturers with sales volume ranking among the top.
For moreinformation, please visit its website at www.cdoth8.com.
