Visionox(SZ:002387)2022-11-21 15:42Group 1: Financial Performance - In the first three quarters of 2021, the company achieved operating revenue of 2.733 billion CNY, a year-on-year increase of 36.08% [2] - Revenue from OLED products reached 2.623 billion CNY, with a significant year-on-year growth of 94.61% [2] - The net cash flow from operating activities was 975 million CNY, reflecting a substantial increase of 1184.88% year-on-year [2] - In Q3 2021 alone, the company recorded operating revenue of 1.329 billion CNY, up 57.58% compared to the same period last year [2] Group 2: Production and Capacity - The shipment volume in the first three quarters of 2021 increased by over 100% year-on-year [2] - The operational efficiency of the Kunshan 5.5 generation line and the Gu'an 6 generation line has significantly improved [2] - The company has successfully delivered products to major brand clients in the smartphone sector, including Honor, ZTE, Nubia, and Motorola, as well as in the smart wearable sector, supplying OPPO, Xiaomi, Fitbit, and Huami [2][3] Group 3: Technological Advancements - The company is actively pursuing technological innovations in areas such as under-screen cameras, high refresh rates, and flexible wearables [2] - A new Micro LED pilot line has been established, with the first sample achieving a pixel density of 326 PPI [3] - The company is expanding its competitive edge in small and medium-sized AMOLED displays while also exploring applications in tablets, laptops, and automotive displays [3]