Changxin Technology: Net profit increased 16.83% in the first half - 33.52%

Changxin Technology announced the performance of the semi-annual report on the evening of June 22. The company expects to achieve a net profit of RMB 350-400 million, an increase of 16.83%-33.52% from the same period of last year.

With regard to growth in performance, the company stated that its business segments maintained a steady growth and that there were sufficient orders in hand. Especially in the third quarter of last year, the expansion of various business segments of the company began to be used one after another to meet the growing demand for high-end customers. The company actively pursued the benchmarking industry market. New technology, new product dynamics, income structure, continuous optimization of customer structure. It is noteworthy that the impact of non-recurring gains and losses on net profit in this period is estimated to be between 10 million yuan and 15 million yuan. The non-recurring gains and losses in the same period of last year The net profit affects 24,544,200 yuan.

Shen Wanhongyuan reported that Longxin Technology has occupied the middle and high-end market. Through high-stability and high-quality products, it has won the recognition of major customers such as Sharp in Japan and LG in South Korea, and has become the only thinning business of major international customers in mainland China. Supplier. As the leading thinning business, the company continued to deepen its cooperation with high-end customers, accelerated the introduction of the latest version of internationally-renowned glass, and actively cooperated with the world-leading TFT business leader, BOE. The thinning business group actively expanded production. In response to the panel-thinning market in southwest China, East China and North China, production capacity was completely released at the beginning of the year.

According to industry insiders, Changxin Technology Co., Ltd. has developed high-end in-vehicle display and touch control technologies and has developed OLED supporting projects. The company has established a vehicle-based public utility group, including its headquarters, acquired Taiwanese company and Jiangxi Zhangzhou Branch, and the company has also stepped up its own research and development of metal mesh. Metalmesh's integrated capacitive touchscreen (OGM) products, the development of integrated low-reflectivity touch sensors for on-vehicle use and integrated display modules for large-size touch displays on vehicles. The 2017 report disclosed that the company is actively developing flexible OLEDs. Supporting flexible TPSensor project and hard OLED thinning project. This quarterly report stated that the company is actively accelerating the layout of its OLED display module through good cooperation with international customers.

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