LONGLI(SZ:300752)2025-11-07 09:48Group 1: LIPO Technology - The company has achieved mass production of LIPO technology products with a smartphone frame thickness reduced to 1.1mm, as seen in the vivo X300 Pro, significantly enhancing drop resistance [2] - According to Omdia, the shipment of small and medium-sized OLEDs is expected to exceed 1 billion units in 2025, covering devices like smartphones and smartwatches, indicating a promising market for LIPO technology [2] - The company is currently in the capacity and yield ramp-up phase for LIPO technology products, with applications in devices such as Xiaomi Mi Band 10 and Meizu 22 [2] Group 2: Automotive Display Business - The trend towards intelligent, large, multi-screen, high-definition, and interactive displays in vehicles is driving the adoption of Mini-LED technology as a standard in smart cockpits [3] - The average price of Mini-LED automotive backlight display modules has been on the rise in Q3, with expectations for further increases as the number and size of Mini-LED screens per vehicle grow [3] - The company successfully mass-produced and delivered Mini-LED display modules for several vehicle models, including the new models from AITO and NIO, indicating rapid growth in the automotive display sector [3]