Group 1 - The first 8.6-generation AMOLED production line in China, BOE's Chengdu facility, has commenced the installation of its process equipment four months ahead of schedule, setting a new global record for construction efficiency in this generation of production lines [1] - This project signifies a significant step forward for Chengdu in the development of the new display industry [1] Group 2 - Xiaomi's chairman Lei Jun announced that the company's self-developed 3nm flagship chip, Xiaomi玄戒O1, has begun mass production [2] - The launch of two flagship products, the Xiaomi 15s pro smartphone and the Xiaomi Pad 7 ultra tablet, will coincide with the chip's production [2] - The development of the 3nm chip enhances Xiaomi's negotiating power with chip suppliers and provides an alternative to mitigate supply chain risks [2] Group 3 - NVIDIA confirmed plans to establish a new office space in Shanghai, emphasizing its commitment to the Chinese market despite current export control regulations [3] - The company stated that it will not send any GPU designs or core intellectual property to China for modification, adhering to existing policies [3] - The Chinese market remains crucial for NVIDIA, indicating the company's intention to maintain its presence in the region despite regulatory challenges [3]

| 7 | 福清市汇融创业投资集团有限公司 | 538,599,640 | 1.43% | | --- | --- | --- | --- | | 8 | 中国建设银行股份有限公司－易方达沪深 | 478,157,123 | 1.27% | | | 交易型开放式指数发起式证券投资基金 300 | | | | 9 | 中国工商银行股份有限公司－华夏沪深 300 | 351,191,200 | 0.93% | | | 交易型开放式指数证券投资基金 | | | | 10 | 上海高毅资产管理合伙企业（有限合伙）－ | 351,000,000 | 0.93% | | | 高毅晓峰 号致信基金 2 | | | 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 京东方科技集团股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开的第十一届董事会第四次会议审议通过了《关于回购公司 部分社会公众股份的议案》（内容详见公司于 2025 年 4 月 22 日披露 的《关于回购公司部分社会公众股份方案的公告》，公告编号：2025- 029），该议案尚需提交公司 202 ...

Core Viewpoint - Beijing BOE Sensor Technology Co., Ltd. has increased its registered capital from approximately 4.786 billion RMB to about 5.779 billion RMB, indicating a capital increase of nearly 1 billion RMB, which reflects the company's commitment to expanding its sensor business [1]. Group 1: Business Overview - Beijing BOE Sensor focuses on sensor devices and solutions in various fields, including medical biology, smart windows, industrial sensors, and consumer electronics [2]. - The medical sector has seen the application of BOE's X-ray flat panel detector backplane products in medical device companies across Europe, the United States, Japan, and South Korea [2]. - Smart windows leverage display and sensing technology innovations to provide sensor devices and solutions for transportation and construction sectors [2]. - Industrial sensors are applicable in industries such as 3C electronics, semiconductors, logistics, transportation, new energy, pharmaceuticals, food, and automotive [2]. Group 2: Financial Performance - In 2024, the revenue from BOE's sensor business reached 386 million RMB, accounting for 0.19% of the company's total revenue [3]. - The company has deepened cooperation with key clients in the FPXD field, resulting in a year-on-year increase in sales [3]. - Revenue from smart windows has doubled year-on-year, with the successful launch of flexible LC smart light curtains and intelligent dimming for flagship models of core customers in passenger vehicles [3]. - The Suzhou sensor division has successfully onboarded several leading clients in the photovoltaic and lithium battery industries [3]. - MEMS technology is focusing on the pressure sensor field, promoting productization and expanding into new application scenarios with multiple products [3].

Group 1 - The first batch of advanced intelligent factories in Beijing has been announced, comprising 115 factories across various sectors including biomedicine, intelligent equipment, automotive transportation, electronic information, urban industries, and materials industries [1] - The newly issued "Beijing Intelligent Factory Recognition Management Measures" upgrades the previous evaluation system, categorizing factories into four levels: basic, advanced, excellent, and leading [1] - The advanced intelligent factories are recognized through a voluntary and competitive selection process, with the Beijing Economic and Information Bureau overseeing the evaluation [1] Group 2 - The automotive manufacturing sector is highlighted as a key area for the application of intelligent manufacturing technologies, with the first batch of advanced factories including both complete vehicle manufacturers and key automotive component producers [1] - Jingxi Zhixing (Beijing) Automotive Electronics Technology Co., Ltd. has established its fifth intelligent factory globally in the Fangshan District, producing 600 intelligent suspension systems annually [2] - Notable companies among the 115 advanced intelligent factories include BOE, Schneider, Qumei Home Furnishing, Beijing Benz, Li Auto, and Beijing Tongrentang Health Pharmaceutical [2]

Core Viewpoint - The global flat panel display industry is transitioning into a supply stock era after two years of market reshuffling, with a focus on on-demand production and high-end product upgrades driven by government policies [1][2]. Industry Overview - The industry is moving from competition based on scale and market share to a focus on high profitability applications, high value-added products, advanced technologies, and strong brands [2]. - The average size of flat panel TVs in China is projected to reach 65.1 inches in 2024, significantly larger than the global average of 51.4 inches [2]. - The compound annual growth rate for shipments of TV panels larger than 65 inches is expected to be 59% from 2020 to 2026 [2]. - The OLED screen market share for Chinese manufacturers reached 50% in 2024, indicating a significant increase in domestic production capabilities [6]. Company Performance - BOE Technology Group achieved a revenue of 198.38 billion yuan in 2024, a year-on-year increase of 13.66%, with a net profit of 5.323 billion yuan, up 108.97% [4]. - In Q1 2024, BOE reported a revenue of 50.599 billion yuan, marking a 10.27% increase year-on-year, and a net profit of 1.614 billion yuan, up 64.06% [4]. - The gross margin for BOE is projected to rise to 15% in 2024, maintaining industry-leading levels [5]. Strategic Initiatives - BOE's "Screen IoT" strategy aims to integrate more functions into screens and establish a diverse ecosystem based on semiconductor displays and IoT innovations [4]. - The company is actively pursuing the automotive display market, with its subsidiary achieving over 10 billion yuan in revenue in 2024, reflecting a 25% year-on-year growth [7]. Shareholder Returns - BOE has implemented a shareholder return mechanism, with a cash dividend of 1.87 billion yuan planned for 2024, representing 35% of the net profit attributable to shareholders [9]. - The company has consistently paid cash dividends for ten years, totaling nearly 22 billion yuan, and has a buyback plan of 1.5 to 2 billion yuan for A-shares in 2024 [9].

Group 1 - Ping An Bank successfully led the issuance of BOE Technology Group's 2025 second phase of technology innovation bonds, with a scale of 1 billion yuan and a maturity of 10 years at a coupon rate of 2.23%, receiving 3.15 times oversubscription from the market [1][3] - The funds raised will be specifically used for technology upgrades in the semiconductor display field, aligning with BOE's focus on high-generation production line construction and core technology breakthroughs [3] - The issuance is part of a broader initiative by the People's Bank of China and the China Securities Regulatory Commission to support technology innovation bonds, aiming to guide social capital towards key areas of technological innovation [1][3] Group 2 - In 2024, BOE is projected to achieve approximately 198.5 billion yuan in operating revenue, maintaining its position as the global leader in core product shipments in the semiconductor display industry [3] - The overall market for technology innovation bonds in China is expanding, with the issuance volume surpassing 1.2 trillion yuan in 2024, reflecting a year-on-year increase of 58% [3] - Ping An Bank aims to deepen its technology financial services, focusing on strategic emerging industries such as semiconductors, artificial intelligence, and biomedicine, to attract more long-term capital into the forefront of technological innovation [3]

【京东方】 近日，京东方在2025国际显示周期间推出全OLED显示智能座舱解决方案，包括内嵌 防反射LCE车载OLED显示、防窥可切换SPD中控OLED显示、防窥副驾娱乐显示、超广角透明天 窗、智能车钥匙、电子后视镜、座椅靠背等多个OLED显示应用。 具体来看： 内嵌防反射LCE 车载OLED显示屏 图片来源：京东方 京东方内嵌防反射LCE （Light Control Function On Encapsulation）车载OLED显示屏，尺寸 为12.3英寸，分辨率达720x1920，显示对比度达10万:1。这是一款在屏幕内部集成光线控制功 能的防反射屏，主要应用于车载仪表和中控，可有效防止显示屏内容投影到前挡风玻璃上，提高了 驾驶安全。 与传统LCF光线控制贴膜方式相比，该产品采用BM(黑矩阵)屏蔽和独特的像素设计实现了嵌入式 LCF技术效果，在垂直方向上45°视角下，显示屏相对亮度不足3%，解决了屏幕显示在前挡风玻 璃上的倒影成像问题，辅助提升驾驶安全。 防窥可切换SPD 车载OLED显示屏 京东方防窥可切换SPD（Switchable Privacy Display）车载OLED显示屏，尺寸为12. ...

京东方成立于1993年4月，是一家领先的物联网创新企业，为信息交互和人类健康提供智慧端口产品和 专业服务，形成了以半导体显示为核心，物联网创新、传感器及解决方案、MLED、智慧医工融合发展 的"1+4+N+生态链"业务架构，核心产品出货量稳居全球第一。2024年京东方归属于上市公司股东的净 利润同比增长108.97%，现金流充裕，抗风险能力强。本次募集资金聚焦"硬科技"，支持高世代产线建 设与核心技术攻关，加速国产替代进程。在交易商协会的指导下，平安银行全程提供专业服务，帮助京 东方参与首批科技创新债发行，并依托交易商协会"绿色通道"，显著提升发行效率。 此次京东方科创债的成功发行，是平安银行服务实体经济、践行科技金融的缩影。平安银行通过为企业 精准匹配债券市场创新产品，助力发行人精准对接市场投资机构，有效降低企业融资成本，并为投资者 提供低风险、高成长性的优质标的。未来，平安银行将继续聚焦国家战略领域，推动更多长期资本流向 科技创新前沿，为培育新质生产力、实现高水平科技自立自强贡献金融力量！ 5月13日，平安银行牵头承销京东方科技集团股份有限公司（以下简称"京东方"）的25京东方集 MTN002(科创债)项 ...

2024年，由于手机、电视等消费终端的不断回暖，使得上游面板公司大多都交出了一份不错的财报，盈利大幅改善。而在AI等新技术以及终端新需求的推 动下，今年显示产业也迎来了新的升级。 国际显示周开幕前夕，在与京东方首席执行官冯强、京东方高级副总裁、首席技术官刘志强的交流中，作者了解到，今年京东方参展的核心关键词有三个， 分别为技术、绿色和AI。与此同时，京东方可持续发展品牌"ONE"（Open Next Earth）也首次在海外展会上亮相。 "可持续发展不是选择题，是企业竞争力的新维度和企业生存的必答题。"冯强对作者说道，"'ONE'品牌会倒逼我们把可持续发展的力量拧成一股绳，倒逼 整个行业、整个产业链能够形成合力。" 根据京东方公布的年报数据显示，其在2024年实现营业收入1983.81亿元，同比增长13.66%；归属于上市公司股东净利润53.23亿元，同比增长108.97%；归 属于上市公司股东的扣除非经常性损益的净利润38.37亿元，同比增幅达706.6%。 冯强表示，技术和创新是公司一直的坚持，要根据市场的需求、客户的需求来时刻分析消费趋势的变化，然后和公司的战略方向结合起来，只有这样才能去 推动更高的转 ...