Ledman Optoelectronics: Construction of PM-driven glass-based Micro LED pilot base

Recently, at an investor relations event, Ledman Optoelectronics disclosed to investors the latest progress of the company's glass base, the construction of overseas production bases, the main driving factors for future profit growth, the creation of differentiated competitive advantages in COB, and specific future market expansion plans and other hot topics.

Regarding the latest progress in glass-based technology, Ledman Optoelectronics revealed that the company has achieved small-batch trial production of PM-driven glass-based Micro LED display panels and is currently continuing to optimize and iterate glass-based technology through the construction of pilot bases. Based on the outstanding advantages of glass-based products in terms of cost and performance, the company will introduce it into product application fields such as conferences, education, and homes. Through the large-scale implementation of a full-scenario product matrix, it will continue to promote the reduction of application costs and accelerate the value penetration of glass-based ultra-high-definition display products into the mass consumer market.

In terms of overseas production base construction, the LED smart lighting production base of Tuoxiang Technology, a wholly-owned subsidiary of Lighting, in Haiphong City, Vietnam has been put into operation, effectively releasing overseas production capacity; the newly established Vietnam Maiyue Technology Company will focus on the construction of die-casting production capacity and improve the core parts supply system. Through domestic and foreign production capacity collaboration and supply chain optimization, the gross profit margin of lighting products is expected to be further improved in the future.

About the main driving factors of the company's future profit growth. Ledman Optoelectronics said that the company has been deeply involved in the field of Micro LED ultra-high-definition display for many years, and has deep technical reserves and leading intelligent manufacturing levels. It has established a sales network covering major provinces and cities in China, and its overseas sales market has expanded to more than 100 countries and regions. It has created LEDMAN ultra-high-definition display large screens based on COB advanced technology, LEDMAN intelligent conference interactive display system, LEDMAN intelligent classroom education interactive display system, LEDMAN ultra-high-definition home giant screen and The full range of LED product ecology and solution systems, including LED smart lighting and LED creative displays, comprehensively lay out the Micro LED ultra-high-definition dedicated display, commercial display and home display tracks.

Create differentiated competitive advantages in COB. The company has mastered core process technologies such as formal COB, flip-chip COB, pixel engine COB, PM-driven glass-based COB, and MIP+COB, and has built solid technical barriers. Based on these innovative achievements, the company has created a COB series product ecosystem covering hundreds of billions of application scenarios such as dedicated, commercial and household applications, matching different application scenarios, price ranges and differentiated needs of customers, establishing its competitive advantage in the field of small and micro-pitch displays.

About the specific market expansion plan in the future. Ledman Optoelectronics stated that in the future, in overseas areas, the company will increase business development, vigorously develop new customers, and expand the depth of cooperation with existing customers; develop and introduce cost-effective indoor fixed installation and rental products, and continue to explore new product market segments; extensively develop market regions such as Asia Pacific, the Middle East, Europe, South America, and Southeast Asia, and further establish overseas subsidiaries and offices to improve the localized sales and service system, continuously expand the international business territory, and strengthen global competitiveness.

Domestically, the company will actively strengthen the construction of domestic core channels and project coverage capabilities, accelerate channel sinking work, and deeply tap the potential of cooperation channels; continue to delve into key industry market segments, and actively explore opportunities in commercial display and civilian display tracks; deepen "technology + LED" product strategy, build a full-chain service system covering creative design, product research and development, functional customization, etc., and empower digital and intelligent transformation in fields such as cultural tourism and urban upgrading.

The company deeply integrates LED display technology with cultural creativity and cutting-edge technology. It uses special-shaped display products such as spherical screens, speaker screens, and 3D naked-eye giant screens to accurately match the creative needs of scenes such as cultural tourism, exhibitions, transportation hubs, and commercial complexes. It has created multiple benchmark cases to empower urban spaces with technology and inject new vitality into urban development. In 2024, the company's international creative display business revenue increased by 78.9% year-on-year.