深纺织A多措并举应对挑战，偏光片业务稳健前行

Core Viewpoint - The company is focusing on the growth and optimization of its polarizer business, which has shown significant performance improvements despite market challenges in the display panel industry [2][4]. Group 1: Business Performance - In the first three quarters of 2024, the polarizer business has driven rapid growth, becoming the main source of revenue for the company [2]. - The company has maintained steady growth in its polarizer business despite fierce competition from domestic manufacturers expanding their production lines [2]. - The company has successfully developed and mass-produced high-transmittance OLED TV polarizers for 55-inch, 65-inch, and 77-inch models, significantly boosting sales [2][4]. Group 2: Challenges and Responses - The company has implemented multiple measures to address challenges from raw material price fluctuations, including optimizing the supply chain and enhancing bargaining power with suppliers [3]. - The company has improved production stability and reduced costs by increasing operational efficiency and minimizing waste [3]. - The net cash flow from operating activities increased by 158.47% year-on-year in the first three quarters of 2024, reflecting strong sales growth and effective financial management [3]. Group 3: Innovation and R&D - The company has made significant breakthroughs in high-end product development, including the successful entry into the supply chain of domestic smartphone brands for high-alkali-resistant OLED polarizers [4]. - The company emphasizes collaboration with upstream and downstream partners in the new display industry to create an innovative ecosystem [4]. - Future plans include a potential name change to better reflect the company's main business and strategic direction, alongside continued focus on polarizers and related investment opportunities [4]. Group 4: Industry Outlook - The market demand for polarizers is expected to continue growing due to increasing support for the new display industry and ongoing technological advancements in the display panel sector [5]. - The company aims to enhance its technical capabilities and market competitiveness in response to industry trends and national policy initiatives [5].