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Visionox Technology (SZSE:002387) Five-year Losses Have Grown Faster Than Shareholder Returns Have Fallen, but the Stock Lifts 4.3% This Past Week
China Galaxy Securities: Panel industry continues to decline, while AMOLED phones are in high demand.
China Galaxy Securities released a research report stating that the promotion performance of the panel industry was lower than expected, and terminal demand was slightly weak. However, the trend towards larger TV panels and increased penetration of AMOLED smartphones are still the main driving forces for industry development.
Visionox Technology Inc. (002387.SZ) is currently continuously climbing its way up the development process on its sixth-generation flexible AMOLED production line in Hefei, in which it has a stake, with operational efficiency constantly improving.
On July 26th, Visionox Technology Inc. (002387.SZ) stated on the investor interaction platform that the company's Kunshan 5.5th generation OLED production line and Gu'an 6th generation flexible OLED production line continue to ensure the high-quality delivery of core brand customers, and the current capacity utilization rate is maintained at a good level; The Hefei 6th generation flexible AMOLED production line in which the company has a stake is still in a continuous climbing process, and the capacity utilization rate is continuously improving.
Visionox Technology Inc. (002387.SZ) has collaborated with multiple car brands to develop and promote customized OLED displays for vehicles.
On July 10th, Gelonhui reported that an investor asked Visionox Technology Inc. (002387.SZ) on the interactive platform for investors, "Apart from supplying screens for Hongqi cars, are there any new customers being pursued?" The company responded that they have collaborated with multiple car brands to develop customized OLED displays for autos and are currently strengthening communication with several terminal car companies.
Visionox Technology Inc.: 2024 Interim Performance Forecast
Visionox Technology Inc. (002387.SZ) has focused on researching and developing foldable screens that are thinner and lighter, have lower power consumption, and improve folding and cost-effectiveness.
Visionox Technology Inc. (002387.SZ) stated at an investor relations event on July 3 that the company values foldable products and is bullish on the development prospects of the foldable market, making the thinness, low power consumption, improvement of folding, and cost reduction and efficiency improvement of foldable screens as key R&D directions and reserving more leading technologies. In the future, the company will continuously improve the R&D level of folding technology to bring more innovative solutions to the mobile phone market.
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