SLC(SZ:002106)2022-12-06 01:22Group 1: Company Performance - The company achieved profitability in 2016 after significant losses in 2015, primarily due to a decline in small-sized touch screen prices and operational inefficiencies [2] - The turnaround was attributed to cost-saving measures and a focus on larger capacitive touch screens, particularly through its subsidiary, Chongqing Laibo Technology Co., which improved production efficiency [2][3] - The company reported a steady increase in shipments since April 2016, driven by rising market demand for innovative PC products such as 2-in-1 laptops and all-in-one PCs [2][3] Group 2: Market Trends and Customer Base - Major clients for the company's large-sized touch screens include Lenovo, HP, Dell, and ASUS, establishing a mutually beneficial supply relationship [3] - The OGS (One Glass Solution) technology dominates the large-sized touch screen market, with a small share for GFF and Metal Mesh technologies [4] - The company anticipates that OGS will maintain its market position over the next two years, despite potential competition from emerging technologies [4] Group 3: Financial Metrics and Projections - The accounts payable turnover days increased compared to the previous year due to a rise in sales of OGS products, which require higher procurement costs [5] - The company expects a growth in orders for large-sized OGS products in Q4 2016, although a slight decline is anticipated in December due to seasonal factors [5] - The global market for 2-in-1 laptops is projected to grow by at least 50% in 2016, following a significant increase in consumer acceptance [6] Group 4: Future Outlook - The company aims to meet the growing demand for customized touch screen products while sharing the growth benefits of the touch laptop market with clients [7] - The touch laptop market is expected to continue its steady growth, driven by innovations and the upcoming replacement cycle for PCs [6][7] - The company emphasizes the importance of monitoring industry trends and maintaining competitive product offerings to navigate potential market uncertainties [7]