Visionox stated on the investor interactive platform that the company currently has three production lines, the Kunshan Gen 5.5 line, the Gu'an Gen 6 line, and the Hefei Gen 6 line, which has a stake, have all been put into production, and the production capacity will continue to be released. Smartphone and wearable screen products are widely delivered to brand customers such as Honor, ZTE, Xiaomi, OPPO, Vivo, Nubia, Huami, Fitbit, Motorola, etc. According to third-party agency statistics, in 2021, the company's smartphone OLED panel shipments will be the fourth in the world and the second in China, maintaining strong growth momentum.
It is understood that Visionox's current main business is the research and development, production, sales, and technical services of AMOLED display products. The main products are small and medium-sized AMOLED display devices, which mainly supply smartphones and smart wearables. Expansion of the mid-size segment.
In terms of production and operation, the company will promote the lean operation, steadily improve the operating efficiency of production lines, maintain production, sales, and revenue scale to a higher level, and improve economies of scale; relying on the company's deep technical accumulation, vigorously promote the localization and introduction of localization of the supply chain, and reduce costs Synergistically. At the same time, the company has participated in the investment and establishment of industrial funds and plans to further improve the business layout and promote the coordinated development of the industrial chain.
In terms of customers, we will continue to introduce leading brand customers, enrich product structure and deepen cooperation. In terms of technology, continue to promote the exploration of cutting-edge technologies, adhere to innovation leadership, and maintain technological leadership. The company will take multiple measures to continuously improve its profitability.
Visionox said that the company continued to increase technological innovation and market development, and continued to make efforts in the fields of innovative products such as folding, new pixel arrangement, under-screen cameras, and high refresh rates, supplying Honor, ZTE, Xiaomi, OPPO, vivo, Nubia, Huami, Fitbit, Motorola, and other well-known brand customers have a variety of products. The company will firmly implement the five-year development strategy of "one strong and two new", strengthen the small size advantage of AMOLED, and expand the application of OLED in the field of medium size and Micro LED new track.
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