SLC(SZ:002106)2022-12-06 08:36Company Overview - Shenzhen Laibao High-Tech Co., Ltd. was established in July 1992 and specializes in R&D and production of upstream materials and touch devices for flat panel displays [2] - The company went public on the Shenzhen Stock Exchange in January 2007 [2] - Currently, it has three wholly-owned subsidiaries and one controlling subsidiary [2] Business Operations - The company has optimized its industrial layout to enhance cost competitiveness, with ITO conductive glass produced by its controlling subsidiary in Jinhua, Zhejiang [2][3] - The production capacity for large-size OGS products is currently 800,000 units per month, with a potential expansion period of 2-3 months if market demand increases [4][7] Market Performance - In the first nine months of 2016, over 80% of the company's sales revenue came from exports, primarily settled in USD [5] - The company has seen a positive impact on its financial performance due to the depreciation of the RMB against the USD, with net USD assets exceeding $200 million [5] Product Development - OGS technology is currently the mainstream technology in the large-size touch screen market, with advantages such as reduced material costs and improved touch sensitivity [6][7] - The company is actively developing touch screens for automotive, medical, and industrial control applications to mitigate risks from fluctuations in PC market demand [8] Competitive Landscape - Major clients include Lenovo, HP, Dell, and ASUS, establishing the company as a key supplier in the market [5] - The company faces competition from other manufacturers like TPK and AUO in the large-size OGS segment [5][6] Future Outlook - The company anticipates maintaining its market position in the OGS segment over the next two years, although it acknowledges potential competition from emerging technologies [7] - Plans for further product development and cost reduction are in place to enhance market competitiveness [7]