08/09/2018 07:31:00 CEST Order received for display production equipment with a volume of 90 million USD – Follow-up order from one of China's largest display manufacturers – Display production equipment for the latest generation 10.5 launched.   Manz AG, a globally active manufacturer of high-tech equipment with a comprehensive technology portfolio, has received a major order for display production equipment. The order, with a total volume of 90 million USD (approx. 76 million euros), has come from one of China's largest display manufacturers and it includes wet chemical processing equipment along with automation solutions. The first pieces of equipment for the manufacture of large-format displays on generation 8.6 substrates (2,250 x 2,610 mm) will be delivered starting in the fourth quarter of 2018. This order in the segment Electronics will effect revenues and earnings in the 2018 and 2019 fiscal year, with roughly a share of 30 % falling within fiscal year 2018 and the remaining 70% within the following year. The earnings and revenues have already been included in the 2018 Manz AG forecast.   This large-scale order follows a project from 2016 that Manz AG has successfully fulfilled for the same customer. The customer was especially impressed by the high quality and the performance capabilities of Manz AG's production equipment along with the short and seamless ramp-up phase. With decades of expertise in wet chemical processes and automation, Manz enjoys an outstanding position in the Asian display industry.   As Eckhard Hörner-Marass, CEO of Manz AG, notes: "We feel that receiving a follow-up order from our Chinese customer is confirmation of our excellent market position in the display industry. High efficiency, good quality as well as our outstanding customer proximity and service availability in China and Taiwan are key competitive advantages that Manz AG offers. We very recently applied our proven experience to the largest generation 10.5 substrate, responding to the market trend towards ever-larger formats. We can now also support our customers by providing production solutions for the size 2,940 x 3,370 mm."   With its development and production sites in Taiwan and China and through close collaboration with its customers, Manz AG recognizes industry trends early on and is able to win out in direct competition with Asian companies by offering German quality standards at competitive prices.

01/04/2018 12:06:00 CET Manz AG announces that ground has been broken on schedule for the CIGS turnkey line (CIGSfab) for serial production of CIGS thin film solar modules in China. Also the project for the CIGS research line (CIGSlab) is proceeding on schedule.   ▪️Groundbreaking for CIGSfab in Chongqing took place ▪️Completion of major projects in CIGS thin film solar segment within planned timeline   Manz AG, a worldwide high-tech equipment manufacturer with an extensive technology portfolio, announces that ground has been broken on schedule for the CIGS turnkey line (CIGSfab) for serial production of CIGS thin film solar modules in China. Also the project for the CIGS research line (CIGSlab) is proceeding on schedule.   Eckhard Hörner-Marass, Management Board Chairman of Manz AG, remarks: "A good report for the start of the year: we are right on track with our preliminary work in our solar project and are within the scheduled timeline."   On about 58,000 square meters in Chongqing City, a Chinese metropolis of 32 million residents, the 306 MW CIGSfab will be the largest production plant for CIGS thin-film solar modules in the country. The new construction is scheduled for completion end of third quarter 2018; production will begin mid of 2019. In the future, about 450 employees will work at the location in Chongqing City. The new construction of the 44 MW CIGSlab research line will be built on about 16,000 square meters in Peking and is also scheduled for completion end of third quarter 2018. The CIGSlab will commence operation beginning of the second quarter 2019. Together with the existing innovation line for CIGS thin film solar modules in Schwäbisch Hall, the CIGSlab will further accelerate the research process with about 170 employees. The goal is to leverage the potential of the CIGS technology for further increases in efficiency and reduction of manufacturing costs.