LONGLI(SZ:300752)2022-11-21 15:50Group 1: Company Overview and Market Position - Longli Technology has established a strong presence in the Mini-LED market, having started technology research in this area as early as 2016, which provides a significant first-mover advantage [2][3] - The company has set up a total of 17 Mini-LED production lines, with 50% of the construction completed as of 2021 [2] - Longli Technology has already achieved mass production capabilities and has supplied products to internationally recognized VR companies and well-known automotive manufacturers [2][3] Group 2: Product Development and Future Prospects - The company is focusing on expanding its VR product applications and increasing R&D investment to capture market opportunities in the growing metaverse sector [2] - With the increasing recognition of Mini-LED products, the company anticipates a positive market response, despite new competitors entering the field [2] - Longli Technology plans to gradually increase production capacity based on customer demand to meet future market needs for Mini-LED backlight modules [2][3] Group 3: Client Relationships and Market Strategy - The company has begun bulk shipments of Mini-LED technology to well-known new energy vehicle manufacturers and traditional automotive companies, expecting significant market performance in the coming year [3] - Due to confidentiality agreements with clients, specific details about customer relationships cannot be disclosed [3]