Core Viewpoint - The Qingdao New Display Industry Park aims to become a leading hub for the new display industry, focusing on module strengthening, panel breakthroughs, terminal expansion, and technological innovation [1][3]. Group 1: Industry Development - The park covers an area of 14,304 acres and is designed to be a new growth pole for high-quality development in the national new display industry [1]. - As of now, the park has attracted major industry players such as BOE Technology Group, Fusion Optoelectronics, and Wanda Optoelectronics, with a total investment exceeding 50 billion yuan and 29 key projects established [3]. - In 2024, the Qingdao West Coast New Area's new display industry cluster was recognized as a provincial strategic emerging industry cluster, achieving an industrial output value of 44.9 billion yuan, a 14% year-on-year increase, and surpassing 50 billion yuan in operating revenue [3]. Group 2: Location Advantages - The park is strategically located in the center of Qingdao, with convenient transportation links, including proximity to Qingdao Jiaodong International Airport (32 km), Qingdao Station (27 km), and Qingdao Port (20 km) [4]. Group 3: Operational Mechanism - The park operates under a "5-in-1" work mechanism led by city-level chain leaders, with guidance from the city’s industrial chain special team and support from the West Coast New Area and Qingdao Development Zone [5]. - A comprehensive set of park planning, policies, and a joint investment promotion team has been established, along with three industrial funds totaling 12 billion yuan [5]. Group 4: Industrial Layout and Key Projects - The Module Panel Area (A Zone) spans 5,754 acres, focusing on attracting OLED and Micro OLED projects while enhancing local supply chain capabilities [7]. - The Materials and Equipment Area (B Zone) covers 7,650 acres, with projects like the Qingdao Optoelectronic Industry Park's first-phase equipment research institute aimed at overcoming domestic industry bottlenecks [7]. - The Terminal Application Area (C Zone) occupies 900 acres, leveraging Hisense Group to strengthen innovation in laser display technology [7]. Group 5: Infrastructure Development - Over 9 billion yuan has been invested in improving the park's infrastructure, including the construction and renovation of 22 kilometers of roads and 143 kilometers of pipelines [8]. - Supporting facilities such as the Innovation Park R&D center and various educational institutions are being developed to create a youth-friendly and integrated urban area [8]. Group 6: Investment Direction - The park is focused on attracting investments across the entire new display industry chain, including upstream materials, core equipment, semiconductor devices, midstream module and panel manufacturing, and downstream smart home appliances and consumer electronics [9].

当你滑动5G手机浏览信息、用笔记本电脑处理工作，或是乘坐搭载自动驾驶系统的智能汽车穿梭城市时，这些设备核心芯片的 "基 底"——12英寸硅片正默默运转。 而生产这类关键材料的西安奕斯伟材料科技股份有限公司（下称 "奕斯伟材料"），即将于8月14日迎来科创板IPO上会大考，其拟募资 49亿元用于西安奕斯伟硅产业基地二期项目。 作为国内12英寸硅片产能和出货量双料冠军，奕斯伟材料已站上全球第六的位置。然而光环之下暗流涌动，《招股书》显示，公司2022 年至2024年累计亏损达17亿元，且亏损持续扩大。 市场地位全球第六，三年亏损超17亿 成立于2016年的奕斯伟材料，专注于12英寸硅片的研发、生产和销售，产品覆盖存储芯片、逻辑芯片、图像传感器及功率器件等关键领 域。 12英寸硅片是半导体产业链的核心基础材料，占全球硅片出货面积的75%以上。西安奕材仅用九年时间便在这一领域实现突围，截至 2024年末，其月均出货量达52.12万片，稳居中国大陆厂商第一、全球第六。 奕斯伟材料的产品主要覆盖存储芯片、逻辑芯片、电源管理芯片等领域，应用于消费电子、数据中心、智能汽车及机器人等终端场景。 客户包括三星电子、SK海力士等国 ...

Core Viewpoint - The U.S. International Trade Commission (ITC) has made a preliminary ruling against BOE, stating that the company has infringed on Samsung Display's OLED trade secrets, leading to a proposed import ban lasting 14 years and 8 months [1][3]. Summary by Sections ITC Ruling and Implications - BOE's OLED panels, modules, and related components will be banned from entering the U.S. market, with the ban expected to take effect after a final ruling in November 2024 [3]. - The ITC's preliminary ruling indicates that BOE illegally obtained Samsung's OLED manufacturing technology, violating Section 337 of the U.S. Tariff Act [3]. - The ruling not only affects OLED panels but also includes end-device components that use these panels, potentially impacting Apple's iPhone 17 series models [3]. BOE's Response and Legal Actions - In response to the ITC ruling, BOE has initiated legal proceedings, seeking a review from the ITC and filing a patent lawsuit against Samsung in the U.S. [4]. - BOE claims that the initial ruling contains significant legal flaws and emphasizes that previous investigations found no violations of Section 337 [4]. Technological Developments and Market Impact - BOE is accelerating its development of next-generation display technologies, such as Micro LED, with plans for mass production by March 2025 [6]. - The company is also investing 2.02 billion yuan in a smart terminal base in Vietnam, aimed at reducing reliance on the U.S. market [6]. - The potential ban could significantly alter the global display industry landscape, with Korean companies like LG Display seeing stock price increases in anticipation of capturing BOE's U.S. market share [6]. Supply Chain and Cost Implications - BOE's dependence on the U.S. market is relatively low, with only 15% of its panel business exported to the U.S. [6]. - However, if the ban is enforced, Apple may face a 10%-15% increase in OLED procurement costs and heightened supply chain concentration risks [6]. Legal and Regulatory Context - The ruling marks a critical point in the ongoing legal battle between Samsung and BOE, which has spanned three years [8]. - The U.S. government has been tightening technology restrictions on China, with the display panel sector becoming a focal point [8]. Timeline of Events - October 2023: Samsung files a lawsuit against BOE for OLED trade secret infringement. - December 2024: ITC recommends an import ban on BOE. - July 2025: ITC makes a preliminary ruling confirming infringement. - November 2025: Final ruling expected, followed by a 60-day presidential review period. - January 2026: If not vetoed by the president, the ban will take effect until September 2040 [9]. Future Outlook - Analysts suggest that while BOE is pursuing legal avenues to mitigate the impact, the likelihood of overturning the ITC's preliminary ruling is low [10]. - The next six months will be crucial for both parties, as the ruling will influence BOE's global market strategy and set new boundaries in U.S.-China technology competition [10].

（文章来源：证券日报） 证券日报网讯 8月13日晚间，京东方A发布公告称，即日起启用新的投资者联系电话，变更后投资者联 系电话为010-60965555。 ...

证券代码：000725 证券简称：京东方 A 公告编号：2025-059 证券代码：200725 证券简称：京东方 B 公告编号：2025-059 京东方科技集团股份有限公司 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"）根据工作需要， 同时为进一步做好投资者关系管理工作，即日起启用新的投资者联系 电话，具体变更情况如下： 原投资者联系电话为：010-64318888 转 变更后投资者联系电话为：010-60965555 除上述内容变更外，公司联系地址、传真、电子邮箱等其他信息 均保持不变。上述变更自本公告披露起正式生效，新投资者联系电话 正式启用，敬请广大投资者注意，由此带来的不便，敬请谅解。 特此公告。 京东方科技集团股份有限公司 董 事 会 ...

| 证券代码：000725 | 证券简称：京东方 | A | 公告编号：2025-059 | | --- | --- | --- | --- | | 证券代码：200725 | 证券简称：京东方 | B | 公告编号：2025-059 | 除上述内容变更外，公司联系地址、传真、电子邮箱等其他信息 均保持不变。上述变更自本公告披露起正式生效，新投资者联系电话 正式启用，敬请广大投资者注意，由此带来的不便，敬请谅解。 特此公告。 京东方科技集团股份有限公司 董 事 会 京东方科技集团股份有限公司 关于变更投资者联系电话的公告 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"）根据工作需要， 同时为进一步做好投资者关系管理工作，即日起启用新的投资者联系 电话，具体变更情况如下： 原投资者联系电话为：010-64318888 转 变更后投资者联系电话为：010-60965555 2025 年 8 月 13 日 1 ...

Core Insights - The global smartphone panel market is experiencing moderate growth, with a projected shipment of approximately 1.09 billion units in the first half of 2025, reflecting a year-on-year increase of 1.6% [1] Segment Summaries Flexible OLED Market - The flexible OLED segment is benefiting from continuous cost optimization and penetration into mid-range smartphone models, with shipments nearing 300 million units in the first half of 2025, representing a year-on-year growth of approximately 5.2% [3] - The market share of flexible OLED is steadily increasing, driven by demand from various mid to low-end smartphone brands [3] a-Si LCD Market - The a-Si LCD segment is showing resilience in a volatile global economic environment, with shipments reaching approximately 640 million units in the first half of 2025, marking a year-on-year increase of about 14.2% [2] - The cost advantage of a-Si LCD panels is contributing to their growth in shipments [2] LTPS LCD Market - The LTPS LCD market is experiencing a significant decline, with shipments falling below 50 million units for the first time, totaling approximately 48 million units, a decrease of about 56.1% year-on-year [2] - Manufacturers are shifting production capacity towards automotive, tablet, and laptop segments to seek new growth opportunities [2] Rigid OLED Market - Rigid OLED shipments are projected to be around 100 million units in the first half of 2025, reflecting a year-on-year decline of approximately 12.8% [2] - The market share of rigid OLED is expected to continue decreasing as flexible OLED technology penetrates more mid-range smartphone models [2] Competitive Landscape - BOE remains the leading player in the global smartphone panel market, with a total shipment of approximately 260 million units in the first half of 2025, capturing a market share of 24.2% [6] - Samsung Display ranks second with total shipments exceeding 170 million units, holding a market share of 15.7% [6] - CSOT has shown significant growth, with total shipments of approximately 140 million units, a year-on-year increase of 50.5%, and a market share of 12.7% [6] Regional Insights - Korean manufacturers continue to dominate the high-end smartphone panel market, holding a total market share of 49.1% in the first half of 2025 [8] - Chinese manufacturers have captured a 50.9% share of the global OLED panel market, with flexible OLED shipments reaching approximately 190 million units, representing a market share of 62.3% [8] Future Outlook - The OLED industry is expected to follow a development path characterized by cost optimization, increased penetration rates, and expansion into new applications [10] - The demand for smartphone OLED panels is anticipated to continue growing due to favorable factors such as cost reductions and clearer production line planning [10]

Core Viewpoint - The DIC 2025 exhibition highlighted the growing importance of automotive display applications, showcasing innovations from various panel manufacturers and upstream suppliers in response to increasing market demand for vehicle displays [1][2][10]. Group 1: Exhibition Overview - The DIC 2025 exhibition took place from August 7 to 9 in Shanghai, featuring over 300 renowned companies from the display industry, covering various segments such as display panels, upstream materials, core equipment, and terminal applications [1]. - Automotive displays emerged as a key highlight, with major manufacturers like BOE, TCL Huaxing, and Visionox showcasing a range of applications including central control screens, head-up displays, and entertainment screens using technologies like LCD, OLED, Mini LED, and Micro LED [2]. Group 2: Market Demand and Growth - The automotive industry's shift towards electrification, intelligence, connectivity, and sharing is driving an increasing demand for display screens, evolving from single central control screens to multi-screen interactions and full-scene integration [10]. - According to TrendForce, the shipment volume of automotive panels is expected to reach 196.7 million units in 2024, marking a nearly 10% year-on-year growth, with projections for 2025 to exceed 200 million units, reaching 208.9 million units [10]. Group 3: Upstream Supplier Innovations - Upstream suppliers are responding to the rising demand for automotive displays, providing new opportunities for panel manufacturers beyond traditional consumer electronics [11]. - Companies like TuoMi Group showcased high-precision folding hinge products, utilizing advanced materials such as carbon fiber and titanium alloy to enhance strength and reduce weight [13]. - Chengdu TuoMi's breakthroughs in ultra-thin flexible glass (UTG) technology have improved bending performance, addressing traditional manufacturing defects, and are being developed for automotive applications [13]. - Sichuan Hongke Innovation Technology presented various automotive display glass products, including environmentally friendly high-aluminosilicate glass, which has been adopted by several automotive brands [14][16]. Group 4: Industry Trends and Future Outlook - The DIC exhibition indicated a collaborative effort among display panel manufacturers and upstream suppliers to enhance automotive display solutions, contributing to the industry's evolution towards more advanced and multifunctional display products [20]. - The ongoing investments and innovations in the automotive display sector suggest a promising future, with expectations for more comprehensive solutions to emerge in subsequent exhibitions, further supporting the automotive industry's transition towards new technologies [20].

Core Viewpoint - The 2025 China International Service Trade Fair will focus on digital service trade and high-end industry development, showcasing the latest technological achievements in the information and communication sector [1][2]. Group 1: Event Overview - The "Telecommunications, Computer and Information Services" exhibition will take place from September 10 to 14, 2025, at Shougang Park, featuring over 100 offline exhibitors and nearly 300 online participants [1]. - The theme of the exhibition is "Digital Intelligence Links the World," emphasizing the integration of digital service trade with advanced industries [1][2]. Group 2: Key Highlights - Two major highlights of the exhibition include the "Beijing Solution Exhibition" and the "5G Intelligent Global Connectivity" theme exhibition, showcasing significant digital service achievements in various sectors such as government, transportation, and healthcare [3]. - The Beijing Solution Exhibition will feature a 2,000 square meter immersive area, demonstrating replicable and promotable digital service solutions [3]. Group 3: International Participation - The exhibition will attract over 500 leading enterprises, including China Unicom, Alibaba, and international exhibitors from more than 10 countries and regions, such as Germany, the USA, and Canada [2][3]. - The event aims to leverage the platform to promote open cooperation in digital service trade and build a globally influential digital technology industry ecosystem [2]. Group 4: Professional Activities - Multiple professional activities will be held during the exhibition, including themed salons on digital economy, AI terminal devices, and digital infrastructure, facilitating in-depth connections between domestic companies and international buyers [5]. - High-end forums organized by various institutions will discuss topics related to the international digital economy and industry development trends [5].

格隆汇8月13日丨京东方精电(00710.HK)公布，董事会将于2025年8月25日(星期一)举行董事会会议，以 批准(其中包括)公司及其附属公司截至2025年6月30日止六个月的中期业绩、考虑派发中期股息(如有)及 处理其他事项。 ...