Liande(SZ:300545)2022-12-03 09:01Group 1: Company Overview and Development - The company, Shenzhen LianDe Automation Equipment Co., Ltd., focuses on the development of automation equipment, particularly in the OLED and flexible display sectors [1][2]. - In 2018, the company's equipment sales revenue reached 96.23%, with bonding and laminating equipment accounting for over 80% of total sales [2][3]. Group 2: Market Position and Product Development - The company has established a mobile terminal division to meet the automation equipment needs of Huawei, with sales from this segment expected to grow significantly in the coming year [2][3]. - The company is actively developing semiconductor packaging equipment, which is currently in the prototype testing phase and will be showcased at the Munich Shanghai Electronics Fair in March 2019 [3]. Group 3: Capacity and Financial Performance - The company's production capacity utilization is high, with new facilities acquired in 2018 to support normal production and employee accommodation [3]. - In 2018, the company experienced significant cash outflows due to increased operational scale and raw material purchases, leading to a rise in accounts receivable and a delay in cash inflow [3].