Group 1: Company Overview and Strategic Direction - The company, Tianshan Electronics, is focused on the development of display products in the automotive electronics sector, including VA modules, TFT modules, and VA+TFT combination screens, which have superior viewing angles and response times compared to traditional displays [2][3]. - The "Lingshan Base" is a strategic upgrade project covering approximately 132,000 square meters, aimed at accelerating the construction of integrated optical touch modules to meet the growing market demand in smart home, financial data terminals, communication devices, and automotive electronics [4]. - The company has established a dual mechanism of "incentives + repurchase" to enhance long-term motivation and value management, with a 2024 restricted stock incentive plan involving the issuance of 1.498 million shares at a price of 9.56 CNY per share [5]. Group 2: Industry Trends and Positioning - The liquid crystal display industry is evolving towards high resolution, low power consumption, and ultra-narrow bezels, driven by advancements in 5G communication, IoT, and smart wearable technologies [6][7]. - Tianshan Electronics aims to provide customized LCD screens and modules, leveraging strategic partnerships with companies like BOE and long-term collaborations with major firms across various sectors, including smart home and industrial control [8]. - The company reported a revenue of 1.476 billion CNY for 2024, reflecting a year-on-year growth of 16.54%, and a net profit of 150 million CNY, up 39.97%, indicating a strong growth momentum [8]. Group 3: Investment and Collaboration - The company has established an industrial fund in collaboration with professional institutions to strategically invest in the semiconductor and electronic information sectors, enhancing technological upgrades and resource synergy within the electronic information industry ecosystem [9].
天山电子(301379) - 2025年03月17日投资者关系活动记录表