Core Viewpoint - Chongqing Zhenbao Technology Co., Ltd. has been accepted for IPO on the Sci-Tech Innovation Board, focusing on providing manufacturing equipment components and surface treatment solutions for the integrated circuit and display panel industries [1]. Financial Performance - Revenue projections for Zhenbao Technology from 2022 to 2024 are 386 million yuan, 506 million yuan, and 635 million yuan respectively, with net profits of 81.62 million yuan, 108 million yuan, and 152 million yuan [1]. - BOE Technology Group has been a significant customer, contributing revenues of 117 million yuan, 93.17 million yuan, and 99.31 million yuan from 2022 to 2024 [1]. Fundraising and Investment Plans - The company plans to raise 1.398 billion yuan through the IPO to invest in three main projects: 1. Semiconductor and semiconductor precision components and materials production base project (810.61 million yuan) 2. Zhenbao Technology R&D center construction project (302.74 million yuan) 3. Shanghai Zhenbao semiconductor equipment components R&D center project (170 million yuan) [2]. - The fundraising will enhance management and R&D capabilities, increase market share in core components for semiconductor and display panel equipment, and extend the upstream supply chain by mass-producing raw materials [2].

Core Viewpoint - Haowei Group is planning to go public on the Hong Kong Stock Exchange, aiming to leverage its position as a fabless semiconductor company specializing in image sensors and display solutions [1][2]. Group 1: Company Overview - Haowei Group, originally founded as Shanghai Weir Semiconductor Co., Ltd. in 1995, officially changed its name on June 20, 2023, to Haowei Integrated Circuit (Group) Co., Ltd. [2] - The company primarily generates revenue from semiconductor design and sales, providing solutions for various sectors including automotive, smartphones, medical, security, and emerging markets like AI and smart glasses [2]. Group 2: Financial Performance - The company's revenue for the years 2022, 2023, and 2024 is projected to be RMB 20.04 billion, RMB 20.98 billion, and RMB 25.71 billion respectively, with net profits of RMB 0.951 billion, RMB 0.544 billion, and RMB 3.279 billion [4]. - In Q1 of this year, Haowei Group achieved revenue of RMB 6.472 billion, marking a year-on-year increase of 14.68%, and a net profit of RMB 0.866 billion, reflecting a growth of 55.25% [5]. Group 3: Product Segmentation - The revenue breakdown for 2022 shows that image sensor solutions contributed RMB 13.674 billion (68.3%), display solutions RMB 1.470 billion (7.3%), and analog solutions RMB 1.262 billion (6.3%) [3]. - The display solutions segment is primarily focused on the smartphone market, with projected revenue of RMB 1.028 billion in 2024, a decrease of 17.77% from the previous year, despite a sales volume increase of 16.84% [3].

Core Viewpoint - LG Display has commenced mass production of fourth-generation OLED panels for 27-inch displays, achieving a peak brightness of 1500 nits and a refresh rate of up to 280Hz [1][2]. Group 1: Product Features - The new panels utilize Primary RGB Tandem technology, stacking red, green, and blue colors into four independent layers, allowing for a peak brightness of 1500 nits based on an average picture level (APL) of 1.5% [2]. - These panels can achieve 99.5% color accuracy and a response time of 0.03 milliseconds, significantly faster than traditional LCD displays, which typically have a response time of 1.0 milliseconds [3]. - LG Display has also developed a QHD resolution OLED display panel with a refresh rate of 540Hz, with mass production expected to start in the second half of the year after product evaluations by global manufacturers [4]. Group 2: Technical Innovations - The company faces challenges in maintaining picture quality for screens with refresh rates exceeding 500Hz, which it addresses through the development of new algorithms [5]. - LG Display's dynamic frequency and resolution technology allows for a maximum refresh rate of 720Hz at high definition, enabling users to select appropriate refresh rate modes based on specific content [6]. - The panels are designed with special films and improved board structures to block 99% of internal and external light reflections, ensuring that picture quality remains unaffected under 500 lux lighting conditions [7].

图片来源：小米 6月26日晚，小米正式发布旗下新一代小折叠屏旗舰机型 —— 小米 MIX Flip 2，同时推出全新新 能源汽车产品小米YU7系列。随后，TCL华星发文"认领"两款产品屏幕。 据介绍，小米MIX Flip 2屏幕内外屏分别采用TCL华星C9、M9发光材料，内外屏拥有一致的1.5K 分辨率、460PPI，峰值亮度达3200nits，120Hz高刷新率。 亮度调节方面，外屏采用全局DC调光，内屏则是2160Hz PWM+DC调光，通过莱茵三重护眼认 证。 其中，小米天际屏具有1.1m的超宽全景显示，108PPD超视网膜级高清显示，1200nits可视峰值 亮度，以及全局903分区控光。通过内嵌超黑显示涂层，融合畸变矫正算法，小米天际屏的反射率 SCE＜1%，透光率 ≤ 0.01%，可实现零重影、畸变率＜1%。 TCL华星表示，公司与小米的合作由来已久且成果丰硕。未来，双方将继续深化战略合作，在柔性 显示、低功耗、高分辨率等前沿领域持续深耕。（集邦Display整理） #TCL华星 #手机面板 #车载显示 【集邦Display显示产业交流群】 性能上，该机搭载骁龙8至尊版旗舰芯片，内置5165mAh ...

Core Viewpoint - Shenzhen LianDe Automation Equipment Co., Ltd. has been selected as the first candidate for the bidding of BOE's 8.6-generation AMOLED production line project, which could positively impact the company's future performance if the contract is signed and implemented successfully [1]. Summary by Relevant Sections - **Project Details** - The project is for an automatic laminating machine (D-lami) with a bid price of 157 million yuan [1]. - LianDe has also won bids for other equipment related to the same project, including M-lami, FOP, and polarizer attachment machines [1]. - **Company Performance** - In 2024, LianDe achieved a revenue of 1.396 billion yuan, representing a year-on-year growth of 15.63% [1]. - The net profit attributable to shareholders was approximately 243 million yuan, showing a year-on-year increase of 37.06% [1]. - In the first quarter of 2025, the company reported a revenue of 367 million yuan, with a year-on-year growth of 5.08% [1]. - The net profit attributable to shareholders for the same period was approximately 42.8 million yuan, reflecting a year-on-year decline of 6.42% [1]. - **Business Focus** - LianDe's main business includes the research, development, production, sales, and service of new semiconductor display intelligent equipment, automotive intelligent cockpit system equipment, semiconductor packaging and testing equipment, and new energy equipment [1].

在产品端，荣耀将在7月发布第五代折叠屏旗舰手机荣耀Magic V5，该产品有望成为全球最轻薄 的折叠旗舰。（集邦Display整理） #手机面板 #荣耀 图片来源：荣耀 除了内部架构调整，荣耀近日还联合深圳国资出资成立了深圳市人工智能终端产业私募股权投资基 金合伙企业（有限合伙）。该基金的出资规模为14.4亿元，经营范围包括股权投资、投资管理、 资产管理等。 穿透股权后，该基金由荣耀终端股份有限公司、深圳市引导基金、深圳市福田引导基金、深圳市红 土创业投资有限公司等共同出资。其中荣耀认缴出资3亿元，出资比例为20.83%。 据中国证监会网站，荣耀终端股份有限公司现已获得上市辅导备案，辅导券商为中信证券。 去年12月，荣耀完成了股份制改造，荣耀终端公司名称变更为"荣耀终端股份有限公司"。股改完 成后，荣耀将适时启动IPO流程，进一步消息将在相应的过程中对外披露，为实现公司下一阶段的 战略发展，荣耀将通过首发上市推动公司登陆资本市场。 资料显示，荣耀终端有限公司成立于2020年4月，注册资本超320亿元，目前已获得中国移动通信 有限公司、京东方科技集团股份有限公司、国信资本有限责任公司等投资，且获得了深圳市国资委 ...

Group 1 - The panel industry is undergoing strategic adjustments with two significant developments: Innolux's acquisition of Pioneer Corporation and JDI's asset optimization efforts [1][5]. - Innolux's subsidiary CarUX plans to acquire 100% of Pioneer for a total equity value of 163.6 billion yen (approximately 8.115 billion RMB) [1][2]. - The acquisition aims to leverage Pioneer's established relationships with major automotive manufacturers, enhancing CarUX's market presence, particularly in the Japanese automotive supply chain [4]. Group 2 - JDI announced the transfer of certain LCD and OLED display-related patents to three newly established wholly-owned subsidiaries, which will be sold to its major shareholder Ichigo Trust [6]. - This transaction is part of JDI's "BEYOND DISPLAY" growth strategy and is expected to be completed by July 30, 2025, with a capital increase of up to 96.4 billion yen (approximately 4.787 billion RMB) to support the company's transformation [6][8]. - Additionally, JDI is negotiating the transfer of its Mobara factory to Ichigo Trust, with plans to finalize the agreement by late July 2025 [8].

6月25日晚间，号称"全球最轻大折叠手机"vivo X Fold5正式发布。 vivo X Fold5折叠屏手机采用轻薄设计，重约217g，折叠厚度约9.2mm、单边厚度约4.3mm，号 称"轻过很多Pro级直板旗舰"，同时提供「钛度」「明白」「青松」三款配色。 ·12GB+256GB：6999元 ·12GB+512GB：7999元 ·16GB+512GB：8499元 ·16GB+1TB：9499元（集邦Display整理） 图片来源：vivo 核心配置上，vivo X Fold5采用6.53英寸外屏以及8.03英寸内屏，刷新率皆为120Hz，搭载高通 第三代骁龙8处理器，前置2000万，后置5000万主摄+5000万蔡司超级长焦+5000万超广角，电 池是6000mAh，支持80W有线和40W无线充电，支持反向充电。 另外，从发布会获悉，vivo X Fold5还首创内屏单独拆装设计，推出单内屏宝，首销期间限时折扣 价仅需299元，享受一年内免费内屏更换服务。 据业内消息， 此次vivo X FoId5外屏由京东方供应，而内屏则是由京东方和三星显示混合供应 ， 其中12GB运存版本采用京东方的屏幕，而16G ...

Core Viewpoint - The article highlights the successful delivery of fully automated copper foil attachment bending equipment by Shangju Technology for Micro OLED manufacturing, indicating a significant advancement in the AR display sector [1][2]. Group 1: Company Developments - Shangju Technology has successfully delivered equipment designed for the copper foil attachment and bending process in Micro OLED display manufacturing, achieving an attachment precision of ±60μm and accommodating sizes from 10mm×10mm to 45mm×45mm [1][2]. - The company has extensive experience in precision equipment supply for new display technologies, having previously delivered equipment in various fields such as PFA, RFA, STH, HTH, and 3D-thering forming [3]. Group 2: Industry Trends - Micro OLED technology, utilizing single crystal silicon wafers, offers a lightweight display structure and low power consumption, making it suitable for AR and VR wearable devices [4]. - Recent product launches, such as the Dream Air SE VR headset by Xiaopai Technology and the T2 XR glasses by TQSKY, both featuring Micro OLED displays, indicate a growing market for this technology [4]. - According to TrendForce, Micro OLED is projected to capture 54% of the AR device market share by 2024, driven by the ongoing development of smart glasses in AR, VR, and MR sectors [4]. - Companies like Xitai Technology, Ruixian Technology, and Guanglinda are accelerating their Micro OLED project advancements in response to increasing market demand [4]. - The capital market's interest in this field is rising, exemplified by Hongxi Technology's completion of nearly 500 million yuan in Series A financing this year, supporting rapid development of related technologies and products [4].

Core Viewpoint - The domestic AMOLED industry has traditionally focused on small-sized terminal products like smartphone screens, but recent advancements have been made in the notebook screen sector. However, the large-sized OLED screen market, represented by monitors and TVs, is still dominated by Samsung Display and LG Display [1]. Group 1 - TCL Huaxing's first OLED display panel has begun production, and some monitor brands are testing OLED display prototypes based on Huaxing panels, which may break the duopoly of Korean companies in this field [1]. - The first panel from TCL Huaxing is a commercial model with a refresh rate of 144Hz, but most brands consider its specifications unsuitable for the current market and are in a wait-and-see mode for future product upgrades [3].