Core Insights - The company BOE Technology Group (京东方A) is actively embracing the AI wave, planning to invest 500 billion yuan in R&D and 5 trillion yuan in procurement over the next three years to support technological breakthroughs and industry upgrades [1] - The company will allocate 0.5% of its revenue towards AI R&D, which is estimated to be around 1 billion yuan based on its 2024 revenue of 198.38 billion yuan [1] - BOE aims to establish marketing and R&D institutions globally and enhance its overseas factory layout to improve its ecosystem [1] R&D Investment - In 2020, BOE's R&D investment was 9.44 billion yuan, and since 2021, it has consistently exceeded 10 billion yuan annually, with investments of 12.44 billion yuan, 12.60 billion yuan, 12.56 billion yuan, and 13.21 billion yuan from 2021 to 2024, totaling 38.37 billion yuan over the last three years [2] - In the first half of 2025, the company invested 6.09 billion yuan in R&D, a year-on-year increase of 4.1%, accounting for approximately 6% of its revenue [3] Patent Strategy - BOE has strengthened its high-quality patent layout, with over 4,000 new patent applications in the first half of 2025, of which over 90% are invention patents and over 30% are overseas patents [3] - The company has applied for more than 2,000 patents in flexible OLED, sensors, AI, and big data, representing over 50% of its total applications [3] - BOE has ranked in the top 20 of the IFI U.S. patent authorization rankings for seven consecutive years and in the top 10 of WIPO global PCT patent applications for nine consecutive years [3] Financial Performance - In the first half of 2025, BOE's revenue reached 101.28 billion yuan, exceeding 100 billion yuan for the second consecutive year, with a year-on-year growth of 8.45% [4] - The net profit attributable to shareholders was 3.25 billion yuan, reflecting a year-on-year increase of 42.15% [4]