Jilin Oled Material Tech (688378.SH) subsidiary won the bid for the first phase of the technical upgrade and renovation project of the Mianyang BOE PNL factory, with a contract value of 43.6954 million yuan.

Jilin Oled Material Tech (688378.SH) announced that its wholly-owned subsidiary, Shanghai Shengxi Optoelectronic Technology Co., Ltd., has recently received a notice of winning the bid for the first phase of the technology upgrade and renovation project of the Mianyang BOE PNL factory. The winning amount is 43.6954 million yuan, and the name of the winning equipment is line evaporator. As a core supplier of evaporation sources in China, the winning of this technology upgrade and renovation project is beneficial for the company to continue to deepen its independent research and development technology strength, further consolidate the company's core position in the supply chain of downstream customers, and strongly promote the process of industrial localization substitution. Once the above-mentioned winning project is officially signed and successfully implemented, it is expected to have a positive impact on the company's performance in 2026 and 2027, but there is a risk of delayed revenue recognition.