京东方精电年营收首超百亿元 计划未来海外收入占比超50%

Core Viewpoint - The automotive display panel market is expected to grow significantly in 2024, with domestic companies making notable advancements in a competitive landscape [1] Group 1: Market Performance - In 2023, global automotive display panel shipments reached 230 million units, a year-on-year increase of 8.5% [1] - Chinese manufacturers accounted for 51.7% of global shipments, with BOE leading at 40.9 million units and a market share of 17.6% [1] Group 2: Company Financials - BOE Technology Group's subsidiary, BOE Precision Electronics, reported a revenue of HKD 13.449 billion (approximately RMB 12.572 billion) for 2024, a 25% increase year-on-year [1] - The net profit attributable to shareholders was HKD 391 million [1] Group 3: Business Segments - The automotive display business generated HKD 12.66 billion in revenue for 2024, a 30% increase, constituting about 94% of total revenue [2] - The system business is emerging as a new growth point, focusing on smart display systems and intelligent cockpit systems, with significant revenue growth [2] Group 4: Strategic Initiatives - BOE Precision Electronics has implemented a "three-step" strategy in the intelligent cockpit sector, evolving from display components to complete cockpit solutions [3] - The company aims to transition from a secondary operator to a primary operator in the smart cockpit screen system business [3] Group 5: Future Outlook - The global automotive display panel market is projected to grow at a rate of 5.4%, reaching 250 million units by 2025 [5] - The company plans to enhance its overseas market contributions, targeting over 50% of its revenue from international markets [4]