LED-related companies have outstanding annual results in 2024, and their business growth has its own

Recently, many influential companies in the LED field such as Qianzhao Optoelectronics, BOE Varitronix, and Desai Siwei have successively disclosed their 2024 annual reports. Data shows that the performance of these companies has shown significant growth trends, demonstrating the vigorous development of the industry. vitality.
On March 28, Qianzhao Optoelectronics officially announced its 2024 annual report, with impressive performance.
3 月 28 日，乾照光电正式公布 2024 年年度报告，业绩表现令人瞩目。During the reporting period, the company's total operating income reached 2.433 billion yuan, an increase of 1.91% compared with last year; net profit attributable to the parent reached 96.0845 million yuan, a significant increase of 203.99% year-on-year; net profit deducted from non-profit was 36.7373 million yuan, an increase of 233.02%. Qianzhao Optoelectronics is mainly engaged in the research and development, production and sales of semiconductor optoelectronic products. Its core products include LED epitaxial wafers and chips, gallium arsenide solar cell products, and VCSEL products. Among them, revenue from epitaxial wafer and chip products was approximately 1.893 billion yuan, accounting for 77.81% of total revenue.
In the LED business segment, Qianzhao Optoelectronics has achieved remarkable results in optimizing the product structure.
在 LED 业务板块，乾照光电产品结构优化成果斐然。From the perspective of business segments, the iterative upgrades of RGB display business products have achieved outstanding results. Mini RGB business revenue increased by 267% year-on-year; backlight business revenue grew even more rapidly, with a year-on-year increase of 757%;Micro LED business revenue also achieved a growth of 178%; high-efficiency lighting business revenue also achieved a breakthrough, with a year-on-year increase of 30%. Qianzhao Optoelectronics clearly stated that in the future, it will continue to deepen its main LED business, actively expand the second growth curve, accelerate the transformation from a product center to a customer center, vigorously promote digital upgrades, and gradually move into the field of high-end semiconductor products.
BOE Varitronix, a subsidiary of BOE (BOE) that focuses on global in-vehicle business, recently released its 2024 annual results announcement.
BOE（京东方）旗下专注全球车载业务的京东方精电，近日发布 2024 年度业绩公告。Data showed that the company achieved revenue of HK$13.439 billion (approximately RMB 12.572 billion), an increase of 25% compared with the same period last year; the group's earnings before interest, tax, depreciation and amortization (EBITDA) was HK$686 million, but a year-on-year decline of 11%. Profit attributable to shareholders recorded HK$391 million, a year-on-year decrease of 18%.
Although some profit indicators have fluctuated, thanks to the vigorous development of the new energy vehicle industry, BOE Varitronix's automotive display business has achieved outstanding results, with revenue reaching HK$12.66 billion (approximately RMB 12.242 billion), compared with 2023. The annual HK$9.71 billion, a significant increase of 30%, accounting for 94% of the company's overall revenue.
尽管部分利润指标有所波动，但得益于新能源汽车行业的蓬勃发展，京东方精电汽车显示屏业务成绩亮眼，收益达 126.6 亿港元（约合人民币 122.42 亿元），相较于 2023 年的 97.1 亿港元，大幅增长 30%，在公司整体收益中占比高达 94%。At present, the number of BOE Varitronix's cooperative customers has exceeded 100. Its in-vehicle display solutions are widely used in emerging automobile brands such as Jikrypton, NIO, Xiaopeng, Ideal, Zero Run, Lantu, Xiaomi, and Deep Blue, as well as Hongqi, Geely, GAC, Chang 'an, Chery, Nissan, Toyota and many other well-known automobile brands at home and abroad.
京东方精电依托京东方在 LCD、柔性 OLED 及 Mini/Micro LED 等技术领域的全面布局，持续加大技术研发投入，近三年累计研发投入超 9 亿元港币。Through breakthroughs in core technologies such as oxide semiconductors and flexible OLED displays, many industry firsts have been achieved in the field of in-vehicle displays, and technological innovation has been continuously pushed to new heights.
Recently, Desai Seway disclosed its 2024 annual report, and the data performance is very good.
近日，德赛西威披露 2024 年年报，数据表现十分出色。The company's operating income reached 27.618 billion yuan, a year-on-year increase of 26.06%, and the compound growth rate from 2021 to 2024 reached 42.38%; the net profit attributable to shareholders of listed companies was 2.005 billion yuan, a year-on-year increase of 29.62%, and the compound growth rate from 2021 to 2024 was 34.01%; The annualized sales of new project orders exceeded 27 billion yuan.
In 2024, Desai Siwei will accurately seize the opportunity of intelligent automotive development and achieve leapfrog growth in its core business.
2024 年，德赛西威精准把握汽车智能化发展契机，核心业务实现飞跃式增长。The market penetration rate of high-end smart cockpit and high-end smart driving products continues to increase, and the customer base of product lines such as display screens and infotainment systems has been further expanded, helping operating results reach new highs. Desai Sev deeply focuses on the efficient integration of the three major areas of smart cockpit, smart driving and connected services, and continues to develop highly integrated intelligent hardware and leading software algorithms.
在智能座舱业务方面，德赛西威凭借产品组合多元化、市场拓展策略以及新客户订单的有力推动，继续保持高速增长态势，2024 年营业收入达 182.30 亿元，新项目订单年化销售额超过 160 亿元。During the reporting period, the company's fourth-generation smart cockpit platform has achieved large-scale mass production and successfully supported customers such as Ideal Automobile. At the same time, it has continued to win Chery Automobile, Geely Automobile, GAC Toyota, Ideal Automobile, GAC Ean, and TATA. New project orders from companies.
智能驾驶业务同样表现强劲，2024 年实现营收 73.14 亿元，同比增长 63.06%，新项目订单年化销售额接近 100 亿元。With the rapid popularization of intelligent driving technology, the commercialization of advanced intelligent driving functions such as urban NOA will further promote Desai Sev's intelligent driving business to maintain rapid growth.