Core Viewpoint - Woge Optoelectronics has transformed from a traditional optical glass processing company into a global leader in glass circuit board (GCP) technology, driven by innovation and advanced manufacturing processes [2][3][4] Company Overview - Founded in 2009, Woge Optoelectronics specializes in optical glass processing and has become a key supplier for major industry players like Tianma and BOE [3] - The company went public on the Shanghai Stock Exchange in 2018 and has focused on the industrialization of GCP products for advanced semiconductor packaging and third-generation semiconductor displays [3][4] Technological Advancements - Woge's GCP products utilize glass as a substrate, allowing for the creation of precise circuits that enhance the performance of Mini LED backlight modules, achieving a 20% reduction in manufacturing costs compared to traditional methods [3][4] - The company has developed capabilities in various core processes, including glass thinning, through-glass vias (TGV), and multi-layer precision circuit fabrication [6][7] Market Position and Growth - Woge Optoelectronics has seen a compound annual growth rate (CAGR) of 33% in revenue from 2019 to 2024, with a revenue of 1.189 billion yuan in the first half of this year, marking a 14.2% year-on-year increase [8] - The company plans to raise 1.06 billion yuan for its Mini LED backlight module project, which will add an annual production capacity of 6.05 million modules [8] Future Prospects - Woge aims to collaborate with partners in the high-end display, future communication, and advanced semiconductor packaging sectors, focusing on achieving comprehensive self-sufficiency in GCP technology [9]