Group 1 - The top three companies with the highest short positions as of September 19 are ZTE Corporation (00763) at 15.35%, COSCO Shipping Holdings (01919) at 14.10%, and CATL (03750) at 13.44% [1][2] - The companies with the largest absolute increase in short positions are China Education Holdings (00839) with an increase of 2.61%, Dongfang Electric (01072) with an increase of 2.06%, and Xiexin Technology (03800) also with an increase of 2.06% [1][2] - The companies with the largest absolute decrease in short positions are Hua Hong Semiconductor (01347) with a decrease of -2.52%, Chifeng Jilong Gold Mining (06693) with a decrease of -1.77%, and Laikai Pharmaceutical-B (02105) with a decrease of -1.72% [1][2] Group 2 - The latest short position data shows that ZTE Corporation maintained 116 million shares, COSCO Shipping Holdings had 406 million shares, and CATL had 20.95 million shares [2] - The companies with the largest increase in short positions include China Education Holdings, which rose from 3.73% to 6.33%, and Dongfang Electric, which rose from 7.34% to 9.40% [2] - The companies with the largest decrease in short positions include Hua Hong Semiconductor, which fell from 9.00% to 6.48%, and Chifeng Jilong Gold Mining, which fell from 3.30% to 1.53% [2][3]

9月26日，京东方精电宣布，越南车载显示基地实现首个全流程产品成功点亮，并预计基地在今年 底实现规模化量产。 图片来源：京东方精电 据悉，越南车载显示基地是京东方精电首个海外自主投建的智慧工厂，总投资超3亿元人民币，主 要研发生产高端车载显示产品及整机显示系统等汽车座舱产品，设计产能5万片模组/月。 京东方精电越南车载基地于2024年底试产成功，2025年8月完成首个样品下线。此次全流程产品 点亮为后续规模化量产奠定了基础。 图片来源：京东方精电 资料显示，京东方精电是京东方集团的全球车载业务平台，在汽车TFT显示屏和大中型显示屏模组 市场中处于领先地位，其现有车载显示技术包括Oxide、8K、BD Cell、Mini LED、OLED等。 今年上半年，京东方精电实现营业收入66.7亿港元（约合人民币61.15 亿元），同比增长8%; 实 现税息折旧及摊销前利润（EBITDA）3.4亿港元（约合人民币31.17 亿元），同比增长约7%。 上半年，京东方精电的汽车显示屏业务实现收益62.5亿港元（约合人民币57.24亿元），同比增长 9%；系统业务收入及占总收入比重连续3年保持增长，定点项目价值同比增长超100 ...

Core Insights - Recent investments in display technology projects in Anhui Hefei and Jiangsu Nantong total 2 billion yuan, focusing on display modules and new optical materials [2][5] Group 1: Display Module Project in Hefei - Ruhe Technology signed an agreement to invest 1 billion yuan in Hefei to establish an innovation R&D center and a display application integration manufacturing base, aiming for an annual production capacity of 3 million display modules and 600 tons of optical silicone materials [3] - The project will utilize 150 advanced equipment units, including plasma machines and dispensing machines, to enhance production capabilities [3] - Ruhe Technology, a subsidiary of BOE Precision Electronics, aims to provide comprehensive intelligent solutions for automotive manufacturers, covering various applications such as smart dashboards and central control systems [3][4] Group 2: New Optical Materials Project in Nantong - A new optical materials project in Jiangsu Nantong, with a total investment of 1 billion yuan, will focus on the production of polarizers and other optical film materials, expecting annual sales exceeding 2 billion yuan and tax contributions over 100 million yuan [5] - This project will fill a gap in the new display materials sector in Jiangsu Nantong, expanding into high-end manufacturing [5][6] - Additionally, Shihua Technology plans to invest approximately 2.2 billion yuan in a high-performance optical materials manufacturing base, with a construction period of 3-5 years [6][7]

本公司的本次公司通訊備有中、英文版本，並已上載於本公司網站 www.boevx.com 和香港交易及結算所有限公司（「香港交易所」）網 站 www.hkexnews.hk，歡迎瀏覽。 BOE VARITRONIX LIMITED 京東方精電有限公司 （於百慕達註冊成立之有限公司） （股份代號：710） 各位非登記股東： 京東方精電有限公司（「本公司」）- 可供查閱通知 - 2025 中期報告（「本次公司通訊」）的刊發通知 若 閣下對本函件有任何疑問，請發送電郵至 BOEVaritronix.ecom@computershare.com.hk 向股份過戶處查詢。 承董事會命 京東方精電有限公司 主席 高文寶 謹啟 若 閣下已選擇收取本公司的公司通訊（「公司通訊」）之印刷本，則隨函附奉 閣下所選擇之本次公司通訊印刷本。 閣下若因任何 理由以致在收取或接收載於本公司網站上的本次公司通訊出現困難，本公司將於接到 閣下通知後，盡快向 閣下免費發送有關本次 公司通訊的印刷本； 閣下可以書面方式通知本公司的香港股份過戶登記處（「股份過戶處」）香港中央證券登記有限公司，地址為香 港灣仔皇后大道東 183 號合和中心 17M ...

京東方精電有限公司（「本公司」）- 可供查閱通知 - 2025 中期報告（「本次公司通訊」）的刊發通知 本公司的本次公司通訊備有中、英文版本，並已上載於本公司網站 www.boevx.com 和香港交易及結算所有限公司（「香港交易 所」）網站 www.hkexnews.hk，歡迎瀏覽。 若 閣下已選擇收取本公司的公司通訊（「公司通訊」）之印刷本，則隨函附奉 閣下所選擇之本次公司通訊印刷本。 閣下若因 任何理由以致在收取或接收載於本公司網站上的本次公司通訊出現困難，本公司將於接到 閣下通知後，盡快向 閣下免費發 送有關本次公司通訊的印刷本； 閣下可以書面方式通知本公司的香港股份過戶登記處（「股份過戶處」）香港中央證券登記有限 公司，地址為香港灣仔皇后大道東 183 號合和中心 17M 樓，或發送電郵至 BOEVaritronix.ecom@computershare.com.hk。 BOE VARITRONIX LIMITED 京東方精電有限公司 （於百慕達註冊成立之有限公司） （股份代號：710） 各位登記股東： 為確保及時收到最新的公司通訊，本公司建議 閣下透過掃描隨附回條上列印的 閣下個人專屬二維碼來提供 ...

Financial Performance - For the six months ended June 30, 2025, the company reported revenue of HKD 6,671 million, an increase of approximately 8% compared to HKD 6,157 million for the same period in 2024[17]. - EBITDA for the same period was HKD 338 million, up about 7% from HKD 315 million in 2024[17]. - Shareholders' profit attributable to the company was HKD 180.5 million, representing a 5% increase from HKD 172.1 million in 2024[17]. - The group's revenue growth was primarily driven by the sales increase of TFT products, touch screen display modules, and automotive systems, with automotive display business contributing approximately 94% of total revenue[20]. - Automotive display business revenue reached HKD 6,245,000,000, a 9% increase compared to HKD 5,752,000,000 in the same period of 2024[26]. - Operating profit for the same period was HKD 201,300,000, an increase of HKD 7,600,000 or about 4% year-on-year, despite challenges such as increased inventory costs and rising employee expenses[80]. - Net profit attributable to shareholders increased to HKD 180,500,000, representing a growth of about 5% year-on-year[22]. Cash and Debt Management - The company had total cash resources of HKD 4,748 million as of June 30, 2025, an increase of approximately 15% from HKD 4,122 million at the end of 2024[18]. - Bank loans amounted to HKD 434 million, a rise of about 16% from HKD 376 million at the end of 2024[18]. - The company aims to maintain a healthy debt level while ensuring that its primary funding source comes from operating activities[18]. - The company is committed to prudent working capital management to maintain strong cash resources[18]. - Cash resources amounted to HKD 4,748,000,000 as of June 30, 2025, an increase from HKD 4,122,000,000 at the end of 2024, reflecting strict control over working capital[85]. Market Position and Strategy - The company is focused on becoming a leading provider of automotive smart cockpit display solutions[7]. - The company has a leading global market share in automotive TFT display products and large to medium-sized display modules[7]. - The company is part of BOE Technology Group, a well-known supplier of semiconductor display technologies and services[7]. - The company maintains a strong market share in the global automotive display market, particularly in shipments of displays sized 8 inches and above[27]. - The company plans to continue its dual-driven strategy of "automotive + general industry" and aims to enhance its market position as a leading comprehensive smart cockpit display system solution provider[72]. Research and Development - The company has invested nearly HKD 900 million in R&D over the past three years, with a workforce of 464 R&D personnel focusing on key areas such as automotive OLED devices and AI integration[54]. - Research and development expenses for the period were HKD 151,000,000, a 10% increase compared to 2024, representing 2% of total revenue, indicating a stable R&D investment ratio[80]. - The PHUD technology has been successfully implemented in multiple automotive projects, enhancing driver experience by projecting critical information onto the windshield[55]. - The UB Cell display technology prototype has achieved a contrast ratio of up to 2,300:1, with ongoing development aiming for a target of 3,000:1[58]. - The company has successfully developed dual-view dual-touch display technology, generating significant customer interest and aiming for joint testing with clients in the automotive sector[64]. Sustainability and Environmental Goals - The company is committed to achieving carbon neutrality by 2050, with goals to reduce carbon emissions, energy and water consumption, and waste[52]. - The company has launched its first product carbon footprint certificate for a 10.1-inch vehicle-mounted LCD display panel, with a target to reduce carbon footprint by 2% by 2025[124]. - The company aims to achieve "carbon neutrality" by 2050, with a target to reduce carbon emissions/energy intensity by 70% by 2025, based on 2018 levels[118]. - The company plans to peak its carbon emissions from its own operations by 2028, with reductions of 30% and 50% by 2030 and 2035, respectively[118]. - The Chengdu factory achieved a renewable energy usage rate of over 60% in industrial production processes[132]. Employee and Community Engagement - The company continues to focus on employee well-being and community engagement initiatives[167]. - The company has implemented a talent development system through its "Youth Career Development Program," focusing on precise assessment and continuous training[164]. - The company is actively involved in leadership enhancement programs, such as the "鯤鵬計劃" for departmental leadership[165]. Shareholder Information - The company did not declare an interim dividend for the six months ending June 30, 2025, consistent with the previous year[170]. - As of June 30, 2025, the company had a total issued share capital of 791,575,204 shares, with directors holding a combined total of 3,905,700 shares, representing approximately 0.49% of the total[171]. - The largest shareholder, 京東方, holds 419,730,000 shares, accounting for 53.02% of the company's issued share capital[175]. - The company has a structured approach to share ownership and incentive plans, ensuring alignment with shareholder interests[174].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 京東方精電有限公司 (於百慕達註冊成立之有限公司) (股份代號：710) 持續關連交易 產品開發服務協議 本公司與成都京東方於2025年9月23日（交易時段後）訂立產品開發服務協議， 據此，本集團於2025年9月23日至2026年12月31日（包括首尾兩日）期間可不時向 成都京東方採購產品開發服務。 上市規則的涵義 產品開發服務協議 日期 2025年9月23日 京東方（香港）（京東方之全資附屬公司）為本公司主要股東，於本公告日期持 有本公司已發行股本約53.02%。成都京東方為京東方的一家全資附屬公司及京東 方（香港）之聯繫人，因此為上市規則項下本公司的關連人士。因此，根據上市 規則第14A章，產品開發服務協議項下的交易構成本公司之持續關連交易。 根據適用的百分比率(定義見上市規則第14.07條), 產品開發服務協議及其項下擬 進行的交易(包括年度上限)須遵守上市規則第14A章項下的申報、公告及年度審 ...

Core Viewpoint - The article highlights the successful conclusion of the fourth season of "BOE Relief Laboratory," emphasizing its evolution from a mere variety show to a platform that connects technology innovation with the public, showcasing how technology can improve everyday life [1][3][5]. Group 1: Program Overview - "BOE Relief Laboratory" has become a symbol linking enterprises and consumers, utilizing a unique "technology + humanities" approach to attract a large audience [3][4]. - The fourth season featured a diverse range of innovative formats, focusing on five key areas: LCD, OLED, automotive technology, digital art, and sustainable development, with each episode presenting a different technological theme [4][6]. - The program's narrative style combined on-site revelations with expert explanations, creating a deep connection between technology, culture, and humanity [3][4]. Group 2: Technological Integration - The fourth season showcased advanced display technologies such as LCD/UB CELL, OLED, and MLED, applied in various cultural contexts, highlighting the integration of technology and cultural heritage [6][7]. - Each episode demonstrated how technology can enhance cultural storytelling, with specific examples including the restoration of classic films and the digitalization of cultural artifacts [7][8]. - The program effectively communicated the unique advantages of BOE's display technologies, transforming public perception of screens from mere hardware to interactive emotional interfaces [8][9]. Group 3: Corporate Strategy and Innovation - BOE aims to reshape its brand perception from a "display supplier" to a "global leading IoT innovation enterprise," focusing on consumer needs and technological advancements [9][12]. - The company has committed approximately 7% of its annual revenue to research and development, leading to significant technological breakthroughs in areas like eye-care displays and smart cockpit solutions [10][11]. - BOE's sustainable development initiatives include the establishment of 18 national-level green factories and a commitment to achieving carbon neutrality by 2050, reflecting its dedication to environmental responsibility [11][12].

Market Overview - The market experienced fluctuations on September 18, with the Hang Seng Index initially opening lower at 26,863 points, later rising to 27,058 points before declining again to 26,322 points, marking a drop of 586 points [1] - The index closed at 26,544 points, down 363 points from the previous day, with total market turnover reaching HKD 413.3 billion [1] - A critical support level is identified at the 10-day moving average around 26,200 points, with potential implications for market trends if this level is breached [1] Company Performance - BOE Technology Group (京东方精电) reported a mid-year revenue of HKD 6.67 billion, reflecting an 8% year-on-year increase, and a net profit attributable to shareholders of HKD 180 million, up approximately 5% [2] - The company holds cash resources of HKD 4.75 billion, a 15% increase compared to the end of 2024 [2] - In the automotive display sector, BOE achieved revenues of HKD 6.25 billion, a 9% year-on-year growth, maintaining its position as a global leader in automotive display shipments [2][3] Strategic Initiatives - The company has established comprehensive partnerships with the top 20 automotive enterprises in China and is deepening collaborations with leading autonomous driving firms overseas [3] - BOE's overseas project value increased by over 50% year-on-year, with significant growth in shipments of high-end products such as LTPS and Oxide, which doubled quarter-on-quarter [3] - The company is accelerating its global expansion, with new sales offices and laboratories opening, and a smart factory in Vietnam now operational, enhancing its integrated capabilities in overseas markets [3] Innovation and Shareholder Engagement - BOE is focusing on technological innovation to enhance product value and explore additional value-added service models, aiming to lead in global automotive and industrial display solutions [3] - The company has repurchased 1.3 million shares since April as part of its share incentive plan, reflecting confidence in its business outlook and commitment to shareholder returns [3]

Group 1 - The company has signed a strategic cooperation framework agreement with BOE Technology Group, establishing a partnership focused on OLED technology [4][5] - The collaboration will cover four core areas, including the supply of OLED organic materials and evaporation source equipment, ensuring supply security and promoting innovation in key equipment technologies [5] - The company has secured a contract worth approximately 655 million yuan for the supply of linear evaporation sources for BOE's 8.6-generation OLED production line, with the first batch of equipment successfully delivered [5] Group 2 - The company plans to raise up to 299.86 million yuan through a private placement to expand its PSPI material production capacity, with total project investment estimated at 240 million yuan [6] - The revised private placement will have a share price of 17.20 yuan, with approximately 17.43 million shares to be issued, accounting for 7.0% of the pre-issue total share capital [6] - The issuance will include institutional investors with industrial capital backgrounds, in addition to individual investors and fund companies [6]