Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com January 31 news, Deep Tianma yesterday issued a forecast of 2022 annual results, is expected to belong to shareholders of listed companies in 2022 net profit of 100 million yuan-130 million yuan, the same period last year loss of 34.3895 million yuan, year-on-year return to profit.

When talking about the reasons for the changes in performance, Shen Tianma said that during the reporting period, the downward pressure on global economic growth increased, indicating that the industry is still in a new round of adjustment, while affected by fluctuations in the epidemic, geopolitical, and complex changes in the economic environment, consumer demand is weak, and industry competition intensifies. In the face of changes and challenges, the company continues to adhere to the "2th and 1th" strategic leadership, strengthen the core capacity building, strive to overcome various adverse effects, actively seize market opportunities, and strive for sound operation.

Shen Tianma pointed out that during the reporting period, consumer LTPS business, especially smartphones, showed sluggish market demand, falling prices and declining profitability, and the company gave full play to its head advantage, won key projects for key customers, and persisted in extreme cost reduction and efficiency enhancement, and continued to optimize the product structure. The company will continue to deepen diversified business cooperation with customers of mainstream brands in the industry, and on the basis of maintaining the global leadership of LTPS mobile phone display business, actively enrich LTPS product portfolio, accelerate the expansion of LTPS in the field of IT display and vehicle display, and further enhance market share. In addition, with the continuous progress of the company's AMOLED business, flexible display products have been applied in multiple brand customer product lines, which will continue to enhance product competitiveness, strive to cover more customer projects and strive for a larger share.

In addition, Shen Tianma also said that during the reporting period, the demand for the car market rebounded and the demand for industrial product segments continued to be strong. With years of deep cultivation and leading advantages in the above areas, the company professionally showed that the business contributed more and more to the company's performance. The company will continue to deepen the stickiness and breadth of cooperation with existing customers, and continue to pay attention to the development of emerging markets and applications, including new energy vehicles, continue to open up new customers, and promote the sustained and steady development of professional display business. During the reporting period, non-recurrent gains and losses are mainly government subsidies included in the profits and losses of the current period. After deducting income tax expenses, the impact on the net profits belonging to shareholders of listed companies in the current period ranges from 1.37 billion yuan to 1.48 billion yuan.

CTOnews.com learned that Shen Tianma said that the company will continue to focus on small and medium-sized display business, adhere to the "2x1mm" strategy, take mobile phone display and vehicle display as the core business, IT display as the key business for rapid growth, industrial products, horizontal market segmentation and non-display business as value-added services, carry out ecological expansion, further improve industrial layout, actively seize market development opportunities, and optimize product structure internally. Continue to improve the level of management.

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