SLC(SZ:002106)2022-12-06 07:31Company Overview - Shenzhen Laibo High-Tech Co., Ltd. was established in July 1992 and specializes in the R&D and production of upstream materials and touch devices for flat panel displays. The company was listed on the Shenzhen Stock Exchange in January 2007 [2]. - As of now, the company has three wholly-owned subsidiaries and one holding subsidiary, with a 40% stake in one joint venture [2]. Business Performance - From January to April 2017, the main products contributing to sales were medium and large-sized OGS and full lamination products, with significant growth in sales volume compared to the same period last year [3]. - The company reported a 426% increase in operating performance in Q1 2017 compared to the same period last year, primarily due to increased sales of medium and large-sized OGS and TFT-LCD products [3]. Financial Forecast - The projected net profit for the first half of 2017 is between 60 million to 90 million yuan, reflecting a potential change of -10.93% to 33.61% compared to the previous year [4]. - The decline in profit is attributed to foreign exchange losses due to the depreciation of the US dollar against the RMB, which is expected to impact the company's performance by approximately 10 million yuan [4]. Product Development - The company is actively developing OGM products, which are an upgraded version of OGS, featuring lower resistance and better conductivity, aimed at high-end devices [6][9]. - The production capacity for medium and large-sized OGS is approximately 800,000 units per month, with plans to expand capacity based on market demand [5]. Market Position - Major clients for the company's medium and large-sized touch screen products include Lenovo, HP, Dell, and ASUS, establishing a strong supply relationship with these global PC manufacturers [8]. - The company is the only domestic manufacturer capable of mass-producing G5 OGS products, holding a leading market share internationally [8]. Competitive Landscape - The company faces competition from other manufacturers such as TPK, BOE, and AUO in the global market for medium and large-sized touch screens [8]. - The OGM and OGS technologies are positioned differently in the market, with OGM targeting high-end products and OGS focusing on cost-effective solutions for mid-range products [9][10]. Future Outlook - The touch notebook computer market is expected to continue its growth trend, driven by the increasing adoption of Windows 10 and the ongoing demand for innovative products [12]. - The company aims to leverage its stable supply of medium and large-sized touch screens to meet customer demands for customized products and share in the growth of the touch notebook market [12].