Voge Optoelectronics MiniLED glass substrate has obvious advantages, and its revenue in the first half of the year increased by 50%

Voge Optoelectronics will release the 2021 semi-annual report on the evening of August 25. During the reporting period, the company achieved operating income of RMB 401,849,551.17, a year-on-year increase of 49.13%; the net profit attributable to shareholders of the listed company was RMB 2,456,039.55.

Based on the thinning business of LCD panels, the company has gradually expanded into business development such as coating, cutting and precision integrated circuit processing. During the reporting period, the company acquired part of the shares of Huichen Electronics, Beijing Baoang and Xingwei Electronics Co., Ltd., making them a holding subsidiary of the company, enabling the company to be an agent of high-end optical film materials and die-cutting products in the optoelectronic display industry. Such as raw materials, R&D and design of precision integrated circuits, and the ability to bond backlight and touch modules have initially realized a certain industrial chain integration and formed a strong corporate synergy effect.

The company is at the leading domestic level in the thinning and cutting technology of TFT-LCD, OLED photoelectric glass and other products, as well as MiniLED glass substrate coating technology, lithography precision integrated circuit processing technology, etc., and has formed a complete set of independent intellectual property rights The results of research and development technology.

In terms of new products, during the reporting period, the company established the Optoelectronics Division, which mainly deals in ITO glass, automotive industrial sensors, OGS products, BM cover products, On-cell products, MiniLED and other products. Up to now, RTPITO glass and OGS products have entered stable mass production in March 2021; automotive BM cover plates have entered mass production in April 2021; CTP shadow ITO glass has entered stable mass production in June 2021 and is currently in production capacity Climbing stage: The vehicle-mounted sensor has been certified by Panasonic customers, and the large-size sensor is in the development stage.

During the reporting period, the company relied on the advantages of thick copper coating technology based on glass metallization, photolithography and the capability of massive micron-level glass through holes, and produced MiniLED glass substrates with good flatness and lower thermal expansion coefficient than PCBs and chips. With the advantage of high yield rate, we have now cooperated with related direct display customers.

For Miniled backlights, samples of 15.6-inch 1152 partitions and 75-inch 2048 partitions have all been developed, and project cooperation has been carried out with related customers.

MiniLED gives LCD high contrast, high brightness, high color gamut, high dynamic contrast (HDR) and other key indicators, so that it can face OLED directly, and also help LCD panels achieve important functional upgrades, so as to better face the future 8K era Technical requirements. The industry has regarded 2021 as the first year of MiniLED, and companies such as Apple have also released MiniLED products. The company has the technical advantages of glass metallized thick copper coating and the processing ability of precision photolithography. The manufactured glass substrate has the advantages of good flatness, lower thermal expansion coefficient than PCB, and high patch yield, which can bring customers a better choice of substrates.