Most large-scale domestic projects are state-owned, and such tender projects are generally undertaken by state-owned enterprises as they operate within the same system.
In addition, state-owned projects usually impose strict quality standards, and most of them require advance capital investment. For this reason, private enterprises or those without relevant industry connections are reluctant to take on such orders. They also face a high risk of losses due to delayed payment settlements.


Finally, let me add that most large domestic projects are subject to public bidding. Fierce industry competition drives numerous companies to bid for LED display projects, which forces prices down to extremely low levels. Even minor issues during execution can easily result in losses. Only listed companies in China possess sufficient technical capacity to take on such projects, and they are less vulnerable to financial losses. Their technical expertise and capital support come from state backing or shareholders; their primary goal is simply to secure orders.
Cost calculation and the technical complexity of each project jointly determine the overall technical solution. Completion relies on coordinated collaboration across multiple departments and teams.