Market Overview - The market experienced fluctuations on September 18, with the Hang Seng Index initially opening lower at 26,863 points, later rising to 27,058 points before declining again to 26,322 points, marking a drop of 586 points [1] - The index closed at 26,544 points, down 363 points from the previous day, with total market turnover reaching HKD 413.3 billion [1] - A critical support level is identified at the 10-day moving average around 26,200 points, with potential implications for market trends if this level is breached [1] Company Performance - BOE Technology Group (京东方精电) reported a mid-year revenue of HKD 6.67 billion, reflecting an 8% year-on-year increase, and a net profit attributable to shareholders of HKD 180 million, up approximately 5% [2] - The company holds cash resources of HKD 4.75 billion, a 15% increase compared to the end of 2024 [2] - In the automotive display sector, BOE achieved revenues of HKD 6.25 billion, a 9% year-on-year growth, maintaining its position as a global leader in automotive display shipments [2][3] Strategic Initiatives - The company has established comprehensive partnerships with the top 20 automotive enterprises in China and is deepening collaborations with leading autonomous driving firms overseas [3] - BOE's overseas project value increased by over 50% year-on-year, with significant growth in shipments of high-end products such as LTPS and Oxide, which doubled quarter-on-quarter [3] - The company is accelerating its global expansion, with new sales offices and laboratories opening, and a smart factory in Vietnam now operational, enhancing its integrated capabilities in overseas markets [3] Innovation and Shareholder Engagement - BOE is focusing on technological innovation to enhance product value and explore additional value-added service models, aiming to lead in global automotive and industrial display solutions [3] - The company has repurchased 1.3 million shares since April as part of its share incentive plan, reflecting confidence in its business outlook and commitment to shareholder returns [3]