SKYWORTH won the government loans for PDP/LCD

SKYWORTH group 4, Shenzhen municipal government 168 million yuan discount loan, for the PDP/LCD project. The total investment of the project is RMB 240 million yuan. According to reports, SKYWORTH PDP, LCD technical transformation projects including: power supply, in addition to the display circuit technology all domestically; expand the scale of production, achieve greater industrialization, reduce unit costs, improve productivity; increase the production and testing equipment, instrument, meter, purchase and the introduction of a large number of instruments and the world's leading instruments and related equipment; new industrial plant and supporting factories. After the completion of this technological transformation project, will form an annual output of 35 thousand units PDP and the production capacity of 120 thousand sets of LCD color tv. SKYWORTH group chairman of the board of directors, SKYWORTH digital holdings limited CEO Wang Dianfu said that after the completion of the project, the added value of 1 billion 335 million yuan, profits of 290 million yuan, earning $800 thousand.