Group 1 - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China was held from October 20 to 23, 2023, focusing on the formulation of the 15th Five-Year Plan for national economic and social development, emphasizing the modernization of the national governance system and capabilities [1] - The meeting provided strong confidence and motivation for the development of the private economy, encouraging entrepreneurs to fully implement the new development concept and contribute to high-quality development [1][3] - TCL's founder and chairman, Li Dongsheng, highlighted the importance of the meeting in guiding future economic and social development goals, which will inject strong momentum into China's high-quality economic growth [1][3] Group 2 - The meeting's communiqué emphasized accelerating high-level technological self-reliance and innovation, which will enhance the role of enterprises in technological innovation and stimulate their innovative vitality [3] - TCL has invested over 60 billion yuan in R&D over the past six years, with more than 110,000 patent applications, achieving significant breakthroughs in key technologies [3] - The communiqué also called for the activation of various business entities and the improvement of market-oriented resource allocation mechanisms, which will boost the confidence and determination of private enterprises [3][4] Group 3 - The communiqué proposed expanding high-level opening-up and creating a win-win cooperation landscape, which aligns with TCL's global strategy and local operations [4] - Over the past five years, TCL's overseas revenue has grown at an average annual rate of over 19%, contributing to the dual circulation development pattern [4] - TCL aims to continue driving innovation and exploring new paths for globalization, contributing to China's modernization efforts [4]

Core Viewpoint - TCL Huaxing is transforming the concept of a "good screen" from a vague consumer idea into a clear industry standard, continuing its exploration in the display panel market [1]. Group 1: Industry Context - The 22nd ChinaJoy showcased a notable phenomenon where major gaming brands like Samsung, Lenovo, and ASUS collaborated around TCL Huaxing as a common upstream supplier, highlighting its significant role in the competitive landscape of the gaming display market [2][4]. - TCL Huaxing has achieved the highest panel shipment volume and market share in the esports monitor (MNT) sector for three consecutive years, with one in three gaming monitors globally using its screens [2][4]. Group 2: Technological Integration - TCL Huaxing's technology is deeply embedded in high-end gaming products, with its displays being integral to flagship offerings from major brands, indicating its transition from a mere supplier to a critical technology partner [7][8][9]. - The company offers a range of tailored display solutions for different gaming scenarios, such as HVA Black for enhanced contrast and HFS Shoot for high refresh rates, addressing the evolving demands of gamers [10][12]. Group 3: Strategic Shift - In 2019, TCL Huaxing recognized the need to break free from the cyclical nature of the display industry and identified esports as a strategic opportunity to establish technological barriers and brand strength [15][16]. - The company shifted from a passive order-driven model to an active market-defining approach, engaging directly with gamers to identify and address unmet needs in the gaming experience [17][18]. Group 4: Standardization Efforts - To establish its technology as an industry standard, TCL Huaxing acquired a mature production line from Samsung, enabling it to quickly scale up production and ensure high-quality output [22][24][25]. - This acquisition provided TCL Huaxing with essential capabilities, including high-quality mass production, valuable time advantages, and a skilled engineering team, facilitating the transition of its technology from concept to reliable industrial standard [27]. Group 5: Future Directions - TCL Huaxing is positioning itself to support the evolving demands of AI applications, focusing on reducing power consumption in displays to enhance overall device performance [30][36]. - The company is exploring the integration of AI in its manufacturing processes and aims to provide essential hardware support for AI technologies, indicating a strategic direction towards becoming a key player in the AI ecosystem [32][37].