凯盛科技：2024 年业绩亮眼，未来可期：增长 30.76%

Core Viewpoint - Kaisheng Technology reported a total revenue of 4.894 billion yuan and a net profit attributable to shareholders of 140 million yuan for the year 2024, marking a year-on-year growth of 30.76% [1] Group 1: Business Performance - The display materials business showed positive growth, with the company actively adjusting its product structure and gaining market recognition for new products, leading to improved profitability [1] - Kaisheng Technology is a key platform under a central enterprise, focusing on becoming a world-class listed company by advancing in both display materials and application materials sectors [1] Group 2: Industry Position - In the display materials segment, the company’s UTG has become a core supplier for flexible cover glass for foldable smartphones, and the Guofeng flexible vehicle-mounted rollable screen is the world's first vehicle-mounted sliding rollable display [1] - The traditional business of Guoxian Technology is steadily progressing, with deepening strategic cooperation with LG and growth in international business [1] Group 3: Research and Development - The company maintains high R&D investment, with R&D expenses reaching 293 million yuan in 2024, a year-on-year increase of approximately 34%, resulting in numerous technological and product innovations [1] - Kaisheng Technology has accumulated a total of 71 new authorized patents and participated in formulating the first national standard in the field of ultra-thin flexible glass [1] Group 4: Strategic Direction - The rise of emerging industries in the display sector is driving demand for human-computer interaction terminals, with significant potential in the vehicle-mounted display touch market [1] - In the application materials sector, the company’s products are categorized as high-performance new materials that are encouraged for development, with domestic high-purity quartz material high-end products relying on imports; the synthetic quartz sand project is expected to achieve partial substitution [1] - The company continues to advance its strategic layout, striving to enhance operational quality and integrate technological innovation with industrial innovation to create a new high-quality development landscape [1]