reply BOE display overall shipments ranked first in the world

BOE Technology Group Co.,Ltd. recently released its annual report for 2020. According to global market research agency OMDIA, BOE's overall display shipments ranked first in the world in 2020, and in five application areas including smartphones, tablets, laptops, monitors and televisions, the report said.The data show that in the market segment, BOE more than 8 inches of vehicle display panel market share jumped to the world's first; The market share of 65-inch and 75-inch large display screens ranks first in the world. In the field of flexible display, BOE flexible screen occupies the first market share in the domestic industry and the second in the world. BOE has not only realized the first large-scale production and product launch of OLED flexible folding screen in China, but also launched a number of world-leading flexible folding products in various forms, including internal folding, external folding, sliding roll screen and so on.It is understood that the previously released Honor, OPPO, Motorola, LG, Nubia and other global well-known mobile phone brands have adopted BOE flexible display. After the completion of the acquisition of CEC Panda's Nanjing 8.5 generation and Chengdu 8.6 generation LCD production lines, BOE's technology and product layout has become increasingly perfect, and its scale advantage has been enhanced, further consolidating its leading position in the semiconductor display field.In addition, the rapid breakthrough in the field of innovative applications has become a new growth point of BOE's performance in 2020. In the past year, BOE has made many breakthroughs in sensing, industrial parks, financial retail, business office, medical and health care and other fields. The full-size X-Ray flat-panel detector backplane products ranging from 12 inches to 46 inches have been applied to high-end medical device companies in Europe, America, Japan, South Korea and other countries. The smart window products have completed the delivery of projects such as Jingxiong Sightsight Zone, Jingzhangzhang Sightsight Zone and Maglev. Smart financial solutions cover more than 1,500 bank outlets nationwide; Smart retail solutions cover more than 20,000 stores in more than 61 countries worldwide; Smart park solutions have been applied in 6 major cities, including Taoxichuan, Jingdezhen, Jiangxi Province, and Tianjin Shouchuang Lightyear City Demonstration Area, to fully enable the construction of smart cities. In addition, it has set up a number of digital hospitals in Beijing, Hefei, Chengdu, Suzhou and other places, so that the antenna of science and technology can extend to every aspect of human life.The relevant person in charge of BOE told reporters that, as a global Internet of Things innovation enterprise, BOE always maintains the respect for technology and innovation. In 2020, BOE invested 9.442 billion yuan in research and development, and continued to strengthen the ability of technological innovation. In the past year, BOE has not only delivered brilliant results in business performance and technological innovation, but also achieved a great leap forward in its strategic goal of transforming to the Internet of Things. In terms of business layout, it has developed from display and sensing business as the main business to "1+4+N" aircraft carrier business group; In terms of operation management system, the "three horizontal and three vertical" organization authorization and enabling operation system should be fully established. In terms of brand image, the company has gradually transformed from a global semiconductor display leader to a global IoT innovator. In 2020, BOE has become a member of the Global Top 500 Brands by Value. With the full effort of the "1+4+N" aircraft carrier business group, BOE's future development is worth looking forward to.Reporters learned that in 2020, BOE realized operating revenue of 135.553 billion yuan, a year-on-year growth of 16.80%; The net profit attributable to the shareholders of the listed company was RMB 5.036 billion, up 162.46% year on year, with both revenue and net profit achieving substantial growth. At the same time, BOE's cash flow is also more abundant. In 2020, BOE realized the operating net cash flow of about 39.252 billion yuan, and the cash in hand at the end of the year was about 73.694 billion yuan, both hitting a record high.