On April 14, the display module enterprise Shenzhen Av-Display Co.Ltd(300939) ( Shenzhen Av-Display Co.Ltd(300939) ) released its 2021 annual report. During the reporting period, it realized an operating revenue of 1.111 billion yuan, a year-on-year increase of 34.88%; The net profit was 110 million yuan, a year-on-year increase of 31.58%; It is proposed to pay a dividend of 10 yuan (including cash tax) to all shareholders for each additional share.
Shenzhen Av-Display Co.Ltd(300939) 2021 landed on GEM in January. It is a national high-tech enterprise specializing in the R & D, design, production and sales of LCD and touch products, mainly engaged in the R & D, design, production and sales of LCD and touch products.
In 2021, Shenzhen Av-Display Co.Ltd(300939) focused on developing regional markets such as Japan and Germany, and combined touch display products with intelligent control products to increase the proportion of high value-added products in sales.
In terms of R & D investment, last year Shenzhen Av-Display Co.Ltd(300939) invested 49.508 million yuan in R & D expenses, accounting for 4.45% of operating revenue. In 2021, Shenzhen Av-Display Co.Ltd(300939) focused on projects such as electronic paper mold group, self driving lidar liquid crystal light valve, miniled backlight touch display module, 5g communication wavelength selector (WSS) silicon-based liquid crystal device and touchplus gesture touch display module, and made expected progress.
Electronic paper mold group is the main direction of Shenzhen Av-Display Co.Ltd(300939) attack. According to the quarterly report on the analysis of the global electronic paper market released by runto, the global electronic paper display terminal product market will be US $11.3 billion in 2021; It is predicted that the compound growth rate of electronic paper display terminal market will reach 59% in 2025, exceeding US $70 billion.
Shenzhen Av-Display Co.Ltd(300939) electronic paper mold group focuses on the research and development of small and medium-sized products, and the products can be applied to price tags, famous brands, e-books and other application fields. By the end of last year, Shenzhen Av-Display Co.Ltd(300939) has applied for 12 patents on electronic paper technology, and obtained 3 invention patents and 2 utility model licenses. At present, the project is in the stage of sample production, testing and optimization, and the optical index of self-made samples has reached the standard. It is planned to complete the reliability test and small batch trial production of electronic paper mold group in 2022.
The liquid crystal light valve of lidar is the key part of automatic driving sensor to realize space scanning Shenzhen Av-Display Co.Ltd(300939) has carried out research and cooperation with well-known lidar manufacturers in North America on the liquid crystal light valve of lidar optical deflector. At present, the company has completed sample manufacturing, joint testing and optimization with partners, and is expected to complete reliability test and small batch trial production in 2022.
In addition, Shenzhen Av-Display Co.Ltd(300939) combined with upstream and downstream industrial resources, carry out the research and development of miniled modules for vehicle and smart home applications. At present, demonstration samples have been launched, and the cost and optical indicators are further optimized. It is expected to launch formal samples and push them into the market in 2022, so as to optimize the product structure of the company’s touch display module in vehicle and smart home applications.
Shenzhen Av-Display Co.Ltd(300939) said that in 2022, the company will further promote the R & D of new technology products such as electronic paper project, lidar liquid crystal light valve project, miniled project, 5g communication wavelength selector (WSS) silicon-based liquid crystal device project, touchplus gesture recognition liquid crystal display module project, so as to ensure the development and implementation of relevant R & D projects. At the same time, it will focus on industrial intelligent products and promote the small batch trial production of electronic paper projects.
