Worth reading
74In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
6
CNY 100 millionWording
Definitive
How definitive the wording is.Agreements reached under this partnership
Joint venture4221Okura Industrial Co.,Ltd.
Alliance partnerBeijing BOE Materials Technology Co., Ltd.
Details of the alliance
- 1
Manufacture and sale of optical films for display polarizers
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Capital and personnel relationships
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
Ownership ratioBOE 66%, 大倉工業 34%
Overview of the joint ventureName: 合肥京倉新材料科技有限公司; Location: Building 1, Hefei BOE Display Technology Co., Ltd., 3166 Tongling North Road, Xinzhan District, Hefei, Anhui Province, People's Republic of China; Business: Manufacture and sale of optical films for display polarizers; Capital contribution: CNY 600 million (approximately ¥13.4 billion); Ownership interests: BOE 66%, 大倉工業 34%
Contract Date24 March 2026Alliance start date31 March 2026 (date of establishment of the joint venture)
| Item | Details |
|---|---|
| Name of alliance partner | Beijing BOE Materials Technology Co., Ltd. |
| Type of alliance | Joint venture |
| Details of the alliance | Manufacture and sale of optical films for display polarizers |
| Overview of the joint venture | Name: 合肥京倉新材料科技有限公司; Location: Building 1, Hefei BOE Display Technology Co., Ltd., 3166 Tongling North Road, Xinzhan District, Hefei, Anhui Province, People's Republic of China; Business: Manufacture and sale of optical films for display polarizers; Capital contribution: CNY 600 million (approximately ¥13.4 billion); Ownership interests: BOE 66%, 大倉工業 34% |
| Ownership ratio | BOE 66%, 大倉工業 34% |
| Contract Date | 24 March 2026 |
| Alliance start date | 31 March 2026 (date of establishment of the joint venture) |
Items this document does not state (16)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The local establishment procedures have been completed, finalizing matters that had remained undetermined as of the date of disclosure.
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