On Mar.29 the commencement ceremony of Changhong Czech production base was held in Czech and Mianyang simultaneously. Changhong annouced to invest totally US$100million to its Czech consumer electronics production base. Within the first phase, Changhong will lay out US$30 million to build five flat-panel TV production lines which expected to be completed by July 2006.With annual output slated to exceed one million units, the Czech production base would currently be the largrest overseas plants in Changhong overseas market. It symbolize an important starting point of Changhong's internationalization strategy.