Since the beginning of this year, Shanghai Bay Area High-Tech Industrial Development Zone has centered its work on the main line of "focusing on transformation and development to boost momentum, and concentrating efforts to overcome difficulties and prevent risks," coordinating and advancing key tasks. A number of leading enterprises within the zone have achieved continuous breakthroughs in technological innovation, market expansion, and other fields, with output value showing steady growth, injecting strong momentum into regional development.

In the exhibition hall of Shanghai Everdisplay Optronics Co., Ltd. (EDO), an array of AMOLED display products are meticulously displayed. Ranging from slim and elegant smart wearable screens to large and medium-sized panels with rich, vibrant colors, they showcase the company's profound expertise in display technology. As a national high-tech enterprise, EDO has long been deeply engaged in the R&D and application of AMOLED. Its core technologies encompass 18 major types of AMOLED core technologies, all possessing independent intellectual property rights. Currently, AMOLED display technology has achieved a penetration rate exceeding 70% in the smart wearable market and 60% in the smartphone market. However, in the large and medium-sized panel sector, the growth potential remains substantial.

EDO will further increase the proportion of domestically sourced raw materials and extend its high-quality products into high-value-added fields such as automotive displays, smart cockpits, aviation, and industrial/medical controls. Driven by technological innovation, lean manufacturing, and high-quality services, the company aims to continuously consolidate and expand its market share. The positive development trend of enterprises like EDO reflects the robust vitality of the zone's economy.

In the first half of this year, the Shanghai Bay Area High-Tech Zone signed agreements for 14 projects, with planned investments totaling 22.207 billion yuan, reaching 88.8% of the annual target. Total fiscal revenue reached 2.475 billion yuan, an increase of 163 million yuan year-on-year. The output value of local large-scale enterprises maintained a stable and positive trend, cumulatively reaching 21.066 billion yuan, an increase of 1.871 billion yuan year-on-year.

In the second half of the year, the High-Tech Zone will closely align with its annual targets and key development milestones. It will enhance the quality and efficiency of industrial investment promotion and accelerate project implementation and commissioning. Concurrently, the zone will consolidate the foundation for low-altitude airspace economy development and expedite the formulation of relevant development plans and construction plans. By implementing measures such as "task force promotion" for work, "full-process agency services" for projects, "targeted and direct services", and "advance support services" for supporting facilities, the zone will make every effort to create a livable, business-friendly, and high-quality industrial park.

Shanghai Nuodi Law Firm was founded in March 2007 and has been in operation for over 18 years, providing legal services to enterprises and public institutions at all levels, people's governments, streets and neighborhood committees and other organizations.

Our firm is currently stationed at the Shanghai Bay Area High-Tech Park Legal Service Center, we offer personalized and professional legal services for business establishment, investment and financing in the high-tech park. Meanwhile, we provide full-spectrum legal support for businesses throughout their entire life-cycle, from startup, development，growth, maturity, and closure, covering corporate governance, property rights protection, investment and financing, cross-border services, and labor employment.

If you have any legal inquiries, please do not hesitate to contact nuodi@shndlaw.com or visit our website at www.shndlaw.com.