BOE(000725)2025-01-07 16:30Group 1: Market Demand and Pricing - Since Q4 2024, the overall demand for LCD TVs has remained high, with significant growth in sales of large-size TVs (75 inches and above) in the domestic market due to the "old-for-new" policy [1] - As of January 2025, the price of certain large-size LCD TV products has started to rise, with a noticeable expansion in the range of price increases [2] - The industry utilization rate for LCD production was above 80% in December 2024, following a recovery in terminal demand [2] Group 2: AMOLED Production Line Investment - The company announced the investment in the 8.6 generation AMOLED production line in November 2023 to meet the demand for high-end touch OLED displays for laptops and tablets [3] - The project is expected to complete construction by the end of 2026, allowing the company to enhance its competitiveness in the semiconductor display industry [3] Group 3: Perovskite Solar Project - The company is entering the perovskite photovoltaic sector due to the promising growth prospects of the renewable energy industry and the technical similarities with semiconductor displays [4][5] - The company plans to leverage its existing technology and manufacturing capabilities to establish a competitive advantage in the perovskite solar market [5] Group 4: Depreciation Trends - The overall depreciation for the company is expected to slightly increase in 2024 due to the completion of several AMOLED production lines [6] - Depreciation amounts are projected to stabilize in 2024 and 2025, with a potential decrease starting in 2026 as new projects come online [6]