和辉光电(688538) - 和辉光电-投资者关系活动记录表-2024年1月5日

Group 1: Company Focus and Product Development - The company specializes in high-resolution AMOLED semiconductor display panels, particularly for automotive applications, having successfully developed and mass-produced 12.8 and 15.1-inch automotive-grade AMOLED displays for brands like SAIC and Geely [1] - The company has established strategic partnerships with automotive manufacturers and system integrators to continuously develop new products in the automotive display sector [1] Group 2: Market Trends and Pricing - Since early 2023, the AMOLED industry has faced declining sales prices due to weak demand in the consumer electronics market, although a recovery trend has been observed since Q4 2023 [1] - The company anticipates an increase in both order volume and product prices in 2024 compared to the previous year, leading to steady performance growth [1] Group 3: Expansion in Medium and Large Size Displays - The company is committed to expanding its market presence in the medium and large size display sector, having achieved significant results and established a leading technological advantage since starting mass production of its first tablet AMOLED display in 2020 [2] - The company currently holds the second-largest global market share and the largest domestic market share in the tablet and notebook AMOLED display sector, continuously supplying high-end flagship products to Huawei and Lenovo [2] - Revenue from the medium and large size display sector is expected to further increase in 2024 based on ongoing projects and existing orders [2] Group 4: Future Development Strategy - The company aims to maintain its focus on AMOLED technology innovation and has adopted a differentiated competitive strategy centered on rigid products to avoid intense competition in the domestic flexible AMOLED market [2] - The company plans to actively develop cutting-edge AMOLED technologies and processes, expanding its presence in the medium and large size display market, including applications in automotive, desktop monitors, and aviation [2]