1. 独家供应+产能绑定：作为京东方核心配套的"唯一供应商"，沃格光电能直接受益于B16项目量产（京东方计划2025年5月 量产OLED笔记本面板，首发供货宏碁、华硕），订单确定性拉满； 2. 成本与效率双升：本地化生产大幅缩短供应链响应周期、降低物流成本，还能规避海外供应风险，这会直接体现在企业 盈利端，是业绩增长的隐形推手； 3. 赛道天花板够高：8.6代线能让14英寸OLED面板单位成本大幅下降，推动OLED笔记本从万元级下放至主流价位段，市场 需求将迎来爆发，上游精加工环节最先受益。 A股OLED板块又添强心剂！国内首条、全球首批8.6代AMOLED玻璃基精加工产线即将进入设备调试，对散户来说，这可 不是单纯的产业新闻，而是值得重点关注的投资信号——选对主线、踩准节奏，才能把握细分赛道的红利。 先搞懂核心逻辑：这次成都沃格项目（沃格光电投资6.28亿元）的突破，含金量远超"首条"标签。项目聚焦玻璃基后段工 艺，靠自主研发的ECI技术实现薄化、通孔、切割一体化，直接填补了国内中大尺寸AMOLED玻璃基精加工的空白 。更关 键的是"绑定龙头"——沃格光电是京东方B16项目（8.6代AMOLED面板线）玻璃 ...

近日，吉林奥来德光电材料股份有限公司（简称 "奥来德"）披露以简易程序向特定对象发行股票方 案，拟募集资金不超过29,971.21万元，聚焦 OLED 显示核心材料 PSPI 的产能扩建与流动资金补充，为 OLED产业链关键材料国产化注入新动力。 募资聚焦核心赛道， PSPI 产能升级落子长春 根据方案，本次募集资金中23,971.21万元将用于 "OLED 显示核心材料PSPI 材料生产基地项目"，剩余 6,000万元用于补充流动资金。其中PSPI生产基地项目由奥来德全资子公司吉林奥来德长新作为实施主 体，总投资额 23,986.21 万元，建设期预计3年。 国产 PSPI 迎发展窗口期 PSPI（光敏性聚酰亚胺）作为 OLED 显示制程的关键光刻胶，广泛应用于面板支撑层、平坦层等核心 环节，长期以来全球市场份额被东丽、富士胶片等国外企业主导，国内面板厂商面临采购周期长、价格 波动大、供应稳定性不足等风险。 奥来德通过自主研发突破分子结构设计、光敏剂复配等核心技术，其 PSPI 产品已完成部分头部显示面 板厂商的产线验证并实现批量出货。此次产能扩建将进一步缓解国内市场对进口 PSPI 材料的依赖，加 速国产 ...

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]