BOE(SZ:000725) Guang Zhou Ri Bao·2025-06-18 09:09Core Viewpoint - BOE Technology Group Co., Ltd. (京东方A) announced its intention to acquire a 30% stake in Xianyang Rainbow Optoelectronics Technology Co., Ltd. for a registered capital of 4.274 billion yuan, with a minimum bidding price of 4.849 billion yuan, funded by self-raised capital [2][3]. Group 1: Acquisition Details - The acquisition aligns with BOE's strategic development and aims to strengthen its competitive advantage and industry influence [3]. - Xianyang Rainbow Optoelectronics, established in 2015, specializes in the R&D, production, and sales of TFT-LCD panels and modules, liquid crystal displays, televisions, mobile terminals, and related equipment [2]. Group 2: Financial Performance - In 2024, BOE reported a revenue of 198.381 billion yuan, a year-on-year increase of 13.66%, and a net profit attributable to shareholders of 5.223 billion yuan, up 108.97% [3]. - The revenue from the display device business accounted for 83.18% of the total revenue [3]. Group 3: Industry Position and Future Plans - BOE maintains its position as the global leader in LCD display shipments for five major applications in 2024, with ongoing optimization of product structure [3]. - The company is transitioning from rapid expansion of LCD production lines to a mature phase, with future capital expenditures aligned with strategic planning [4]. - BOE expresses an open attitude towards industry consolidation and will consider various factors such as industry layout and integration costs when opportunities arise [4].