Workflow
MOLED
icon
Search documents
【私募调研记录】阿杏投资调研京东方A
Zheng Quan Zhi Xing· 2025-05-23 00:09
Group 1 - The core viewpoint of the news is that the LCD industry is stabilizing, with a positive outlook for the market in China, particularly for BOE Technology Group Co., Ltd. (京东方A) [1] - The average operating rate of the LCD industry is expected to rise above 80% starting from Q1 2025, indicating a recovery in demand [1] - LCD TV panel prices are projected to increase from January to March 2025, with a gradual cooling expected in Q2, while IT panel prices are experiencing moderate increases [1] Group 2 - BOE's Chengdu 8.6 generation MOLED production line is set to begin equipment installation four months ahead of schedule [1] - The company anticipates depreciation expenses of approximately 38 billion yuan in 2024, with peak expenses expected this year [1] - Future capital expenditures will focus on strategic planning, particularly in semiconductor display business and IoT innovations [1]