长阳科技(688299) - 2024年5月21日投资者关系活动记录表

Group 1: Company Overview and Business Operations - Ningbo Changyang Technology Co., Ltd. introduced its business operations and key performance for 2023 and Q1 2024 [2] - The company has a history of developing Mini LED backlight technology, which significantly outperforms traditional LCD displays in brightness, contrast, and color [2][3] Group 2: Mini LED Market Insights - According to TrendForce, Mini LED backlight TV shipments are expected to reach 6.21 million units in 2024, a year-on-year increase of 53.5%, with projections of 24.4 million units by 2027, capturing approximately 12.1% of the overall TV market [3] - The compound annual growth rate (CAGR) for Mini LED from 2023 to 2027 is estimated at 56.7% [3] Group 3: CPI Film Development - The company has been developing CPI (Colorless Polyimide) films since 2018, aiming to break the long-standing monopoly of foreign companies in this sector [3] - A recent board resolution approved the investment in a project to produce 1 million square meters of colorless transparent polyimide films annually [3] Group 4: Competitive Landscape of CPI Films - The CPI film industry is characterized by high added value and significant technical barriers, with only a few companies, such as Korea's KOLON, capable of supplying these materials [3] - As the demand for foldable electronic products rises in China, there is an urgent need to reduce reliance on imports for key materials like CPI films [3] Group 5: Battery Technology Initiatives - The company is exploring semi-solid and solid-state battery technologies, collaborating with mainstream clients to develop high-performance battery solutions [4] Group 6: Optical Base Film Technology - The optical base film, made from polyester, requires high-quality raw materials and processing conditions, making it one of the most technically challenging areas in optical films [4] - The company has improved key performance indicators for optical base films, leading to increased market share in display-related products [4]