Recently, the disclosure of semi annual reports by A-share listed companies has kicked off, and Shanghai and Shenzhen listed companies have released their semi annual performance forecasts and semi annual performance reports.

According to the semi annual performance forecast released by Tongxingda on July 13th, the company expects a net profit attributable to shareholders of the listed company of 230 million to 250 million yuan for the first half of the year, a year-on-year increase of 178.64% to 202.87%; Earnings per share range from 0.98 to 1.07 yuan. According to the data, the company's net profit in the first half of 2021 was almost close to last year's full year net profit of 258 million yuan,

The performance can be described as very impressive. Tongxingda is an important domestic supplier of LCD/camera modules, mainly engaged in research and development, design, production, and sales of LCD, OLED LCD display modules and camera modules. The Shanghai Stock Exchange reported on China Securities Network that in the first half of 2021, Jinjin Technology achieved a revenue of 527 million yuan,

The net profit attributable to shareholders of the listed company was a loss of 39.2928 million yuan. In the first half of 2021, Jinfu Technology's LCD display module business achieved sales revenue of 29.87 million yuan, a year-on-year decrease of 91.04%, mainly due to the equity change of the company's main customer Suzhou Samsung Display and its product strategy and structural adjustment.

However, Jinfu Technology expects the LCD display module business to gradually recover.

As a company engaged in the research and development, production, and sales of LCD display modules, Saishida Technology Co., Ltd. focuses on medium and large-sized LCD display modules, mainly serving the South China market. Its main products range from 10.1 inches to 31.5 inches. The product is mainly used in consumer electronics, smart displays, digital screens, commercial displays, industrial control equipment, etc.

After years of deep cultivation and meticulous work, the company has grown into a specialized and innovative national high-tech enterprise in the industry, and has established strategic partnerships with multiple global brand manufacturers. The stickiness of major customers continues to increase, and the market share is gradually increasing. In 2021, with the continuous increase in business volume, the company achieved sustained growth in both revenue and profitability.

Saishida Technology has benefited from the "stay at home economy" brought about by the global pandemic, which has led to a significant increase in sales of home office consumer products such as tablets and laptops.

According to data from Tianfeng Securities, the market size of China's LCD display module is expected to continue to grow, reaching 368.92 billion yuan in 25 years. At present, China has become the main supplier of LCD display modules worldwide. Major domestic manufacturers are actively investing in the construction of new high-end production lines, expanding production capacity, and improving product supply capabilities.

Benefiting from the booming downstream display and other application markets, it is expected that by 2022, the size of China's LCD display market will reach 103.9 billion yuan. At that time, Saishida Technology's biggest main business was LCD display modules. With the market recovering and the economy recovering, it will actively participate in the LCD display industry, closely follow the development trend of LCD modules, and move forward bravely!

In the future, Saishida will continue to adhere to the business philosophy of "relying on technology to establish the market and winning trust through service", and continue to adhere to the research and development design philosophy of "simplicity, practicality, and efficiency". We will continuously design LCD module displays with more advanced functions and better displays, providing customers with the most practical products and the best services.