On May 18, Xiamen Tianma Optoelectronics completed the registration. This marked the official implementation of Tianma's 8.6-generation new display production line with a total investment of RMB 33 billion yuan. The project is expected to be officially commenced in the second half of the year. Major construction milestones include topping-out of the main plant, move-in of core equipment, and product commissioning. In addition, Shiseido, a famous Japanese beauty brand, established its first Chinese investment fund in Xiamen with a registered capital of 501 million yuan. It will focus on new brands in beauty cosmetics and health, as well as investment opportunities in related upstream and downstream technical service companies.