On the evening of April 17, Infovision Optoelectronics (Kunshan) Co.Ltd(688055) ( Infovision Optoelectronics (Kunshan) Co.Ltd(688055) ) released its annual report for 2021. The operating performance of Infovision Optoelectronics (Kunshan) Co.Ltd(688055) increased steadily, with a revenue of 5.733 billion yuan in 2021, a year-on-year increase of 30.81%; The net profit attributable to the parent company was 911 million yuan, a year-on-year increase of 247.47%. Net profit deducted from non parent company was 872 million yuan, with a year-on-year increase of 284.23%.
Infovision Optoelectronics (Kunshan) Co.Ltd(688055) said that the company adhered to its main business, continued to cultivate the application field of small and medium-sized display panels, adhered to the goal of high-quality development, implemented the development concept of innovation as the foundation, market-oriented, customer-centered and quality as the life, and adhered to the competitive strategy of differentiation and high value. During the reporting period, the competitiveness of the company’s differentiated products continued to increase; At the same time, new technologies such as 5g, Internet of things and big data have developed rapidly, telecommuting and online education have been normalized in the post epidemic era, new energy vehicles have sprung up rapidly and the development of intelligent vehicles has accelerated, the prosperity of the display panel industry has increased, and the profitability of the company has increased significantly.
multiple core technologies and strong scientific innovation strength
Infovision Optoelectronics (Kunshan) Co.Ltd(688055) for a long time, the company has focused on independent innovation and invested more capital and manpower to maintain its relative technological advantages. During the reporting period, the company invested 288 million yuan in R & D, an increase of 8.88% year-on-year, accounting for 5.03% of operating revenue; As of December 31, 2021, there were 1223 R & D technicians, accounting for 39.5% of the total employees of the company.
During the reporting period, the company further studied and optimized advanced technologies in the industry such as privacy peeping prevention, metal grid on cell touch and low blue light eye protection. The application of privacy peeping prevention technology extends from notebook computers to desktop displays, vehicle mounted displays, smart phones and other panels. Based on the left and right viewing angle peeping prevention technology, the company developed zone peeping prevention and four-way peeping prevention, and won t? V Rhine is the world’s first four-way dynamic anti peeping certification. Through the integrated application of anti peeping technology and in cell touch technology, it has launched anti peeping mobile phones and actively promoted them to overseas customers; Low blue light eye protection technology has also been applied in a variety of products.
It is understood that in order to continuously strengthen the technical reserve and product reserve, the company continues to research and develop the mainstream technologies in the industry such as metal oxide, medium and large-size in cell touch and mini led, so as to further improve the core competitiveness. Among them, the metal oxide technology continues to carry out reliability verification, mini LED has been applied in vehicle and laptop products, and has reached strategic cooperation with world-famous semiconductor manufacturers, laying the foundation for mass production Infovision Optoelectronics (Kunshan) Co.Ltd(688055) attaches great importance to the protection of R & D achievements. On the one hand, it actively carries out international third-party certification of innovative products; On the other hand, we have continuously strengthened the layout and protection of intellectual property rights outside China. As of December 31, 2021, the company has obtained 2585 authorized patents.
efficient operation + continuous performance growth driven by product strategy
As one of the first batch of enterprises specializing in TFT-LCD R & D and manufacturing in China, over the years, Infovision Optoelectronics (Kunshan) Co.Ltd(688055) has devoted itself to the main business, has profound process accumulation and mature production line operation experience, gives full play to the characteristics of flexible production line configuration and fast switching speed, accurately grasps the needs of downstream end customers, adheres to innovation driven development and differentiated, high-value and customized product strategies, Realize advanced technology and take the lead in industrial application.
During the reporting period, the demand for display panels was strong, and the order coverage remained at a high level. The company carried out strategic capacity allocation in combination with a variety of index factors, optimized the product portfolio, and made every effort to meet the needs of customers with limited resources to maximize benefits. At the same time, under the condition of limited production capacity, relying on scientific and technological strength and product strength, the company has achieved a certain market share in various subdivided application fields. According to the statistics of research institutions, the shipment of Infovision Optoelectronics (Kunshan) Co.Ltd(688055) notebook computer panels ranked seventh in the world and the shipment of vehicle display panels ranked ninth in the world in 2021.
With the rapid development of new energy vehicles and the popularity of smart cockpit in the future, the on-board display will show the development trend of large screen, multi screen, touch integration and personalization Infovision Optoelectronics (Kunshan) Co.Ltd(688055) accelerates the upgrading of on-board display products, actively develops and launches a series of products such as integrated touch, ultra narrow frame, head up display, special-shaped display and four-way anti peeping security display, and is committed to providing customers with better services and better products through technological innovation. At the same time, actively develop and layout Mini LED technology to help high-end on-board display of new energy.
Infovision Optoelectronics (Kunshan) Co.Ltd(688055) implement equity incentive to unite the team and highlight the strong potential of sustainable growth. Infovision Optoelectronics (Kunshan) Co.Ltd(688055) launched the equity incentive plan in 2021. The performance assessment target is based on the operating income in 2020, and the growth rate of operating income in 2025 will not be less than 28% and not lower than the average level of the same industry. The implementation of the equity incentive plan will help Infovision Optoelectronics (Kunshan) Co.Ltd(688055) unite the team, stimulate the “internal” motivation of talents and ensure the realization of future development strategies and business objectives.
In the future, Infovision Optoelectronics (Kunshan) Co.Ltd(688055) insists on leading high-quality development with high-quality innovation, takes market demand as the guide, promotes the quality improvement and upgrading of core technologies, continuously launches high value-added products, provides customers with better display solutions, and realizes the profitability and sustainable growth of the enterprise.
