Digital Building Materials DBM · Glass Weekly View | Accelerated Inventory Reduction (3.11-3.17)

As of March 17, the national market price of float glass was 1719 yuan/ton, an increase of 42 yuan/ton over March 10. Last week, the national average price of glass was 1711.6 yuan/ton, an increase of 28. Last week. As of March 16, the inventory of float glass in key provinces in China had been reduced by 5.76 million heavy boxes. Year-on-year increase 57.

Data source: Digital Building Materials Network

Glass Industry Hotspot Summary (3.11-3.17)

1.

On March 16, Xinyi Ultra-thin Glass (Dongguan) Co., Ltd. produced 500 tons of ultra-white glass, and recently changed to white glass.

On March 13, Nanhe Changhong Glass Co., Ltd. produced 600 tons of second-line original white glass, which was recently converted to Ford Blue.

The project is located in Puguang Economic Development Zone, Xuanhan, Dazhou, Sichuan, with a planned land area of 207.81 mu and a total investment. 5. The main construction contents include the construction of one ultra-thin electronic glass production line and one ultra-thin electronic glass production line with one kiln and two lines in the first phase, and the construction of one ultra-thin electronic float glass production line in the second phase. After the project is completed and put into production, it is estimated that the annual average sales income will be 550 million yuan, the annual average profit

will be 2.4. From January to February, the industrial added value above the scale will actually increase by 2. Among them, from January to February 2023, the national flat glass output will be 153.6 million tons.

Jilin Yingxin Glass Co., Ltd. has a daily output of 1200 tons of "one kiln, two lines" photovoltaic glass cover plate, automobile glass, Announcement of

Change of Capacity Replacement Plan for Electronic Glass Production Line Project 8 .

9 .

In terms of products, auto glass is still the main source of the company's revenue.". In 2022, the company's automotive glass segment achieved a revenue of 25.591 billion yuan, an increase of 19.70% over the previous year, accounting for 91% of the total revenue.

Scale, integration, high R & D and high value-added products constitute the foundation of Fuyao's moat. In 2022, Fuyao's domestic market share exceeded 65%, and its global market share reached 31%. It has production bases in nine countries, including China, the United States, Russia, Germany, Japan and South Korea, with a global production capacity of over 40 million sets, showing its advantages in scale.

10.

11.12. Folding mobile phone panel shipments are expected to grow by 52%

in 2023. Due to lower prices, better performance improvements and camera and screen improvements, DSCC expects folding smartphones to grow by 45% to 18.6M in 2023." Folding mobile phone panel shipments are expected to increase by 52% to 23. In 2023, more folding mobile phones will adopt polarizer-free technology (CoE), which can significantly improve display efficiency, reduce display thickness and improve the durability of foldable display. Although CoE was first applied to folding panels by Samsung Display, in 2023, we expect that many products with upper and lower folding forms will use Chinese panel factories to provide non-polarizer solutions. At the same time, we expect the penetration rate of CoE solutions to increase from 24% in the folding display market in 2022 to 38% in 2023.