Business Structure and Clientele - The company has been focused on the customized LCD display industry for 20 years, offering products such as monochrome LCD screens, color LCD modules, and touch screens, with applications in smart home, industrial control, automotive electronics, and intelligent financial data terminals [2][4] - The company has established long-term strategic partnerships with major clients, including LG, BYD, and Panasonic, producing over 5,000 types of display applications [2][4] Customer Stability and Risk Management - The customer base consists of well-known domestic and international enterprises, ensuring high customization and strong customer loyalty, which mitigates operational risks [4] - Recent years have seen continuous optimization of product and customer structures, enhancing resilience against market fluctuations [4] Strategic Investments and Collaborations - The company has strategically invested in New Storage Technology and Tianlian Chip, focusing on three-dimensional phase change storage chip design and manufacturing, which complements its existing capabilities [5] - This investment strategy aims to create a collaborative ecosystem and enhance the company's position in the LCD display module sector while penetrating new markets [5] Research and Development - R&D expenses increased from 22 million to 70 million CNY from 2019 to 2024, with a 25.92% year-on-year growth in 2024, reaching 69.9 million CNY [6][7] - The company employs 253 R&D personnel and holds 67 patents, with 11 being invention patents, ensuring a competitive edge in technology [6][7] Product Development and Market Expansion - The company is transitioning from single display modules to integrated solutions, enhancing product value significantly [8] - The automotive electronics segment has successfully partnered with leading car manufacturers, expanding its product line across various applications [9] Future Business Plans - The company aims to focus on the "Optoelectronic Touch Integration Module" project to address capacity bottlenecks in smart home and automotive electronics [10] - Plans include strategic investments in semiconductor and electronic information sectors, enhancing R&D capabilities in automotive electronics, IoT, and AI [10][11]
天山电子(301379) - 2025年06月12日投资者关系活动记录表