Dongshan Precision deeply analyzes the performance code: Multi-service collaborative efforts, LED re

Recently, Dongshan Precision released the investor relations activity record sheet, which opened the latest picture of the company's business development. This record focuses on the performance in 2024 and the first quarter of 2025, and also discloses the drastic reform progress of the LED business, which has attracted great attention from the market.
Judging from financial data, Dongshan Precision delivered a solid answer in 2024, with annual operating income reaching 36.77 billion yuan, of which the LED display device business contributed revenue of 768 million yuan. Entering 2025, the company achieved operating income of 8.602 billion yuan in the first quarter, and each business segment showed different development trends.
In the much-watched LED business area, although a turnaround has not yet been achieved in the first quarter of 2025, the positive signal is already very obvious: the year-on-year loss reduction has reached tens of millions of yuan, indicating that the reform measures are gradually taking effect. The company made it clear that it will continue to promote product structure upgrades, increase investment in research and development of high value-added products, and deepen strategic cooperation with high-quality customers, strive to achieve significant loss reduction within the year and launch a sprint towards the goal of turning losses in the quarter.
In fact, Dongshan Precision's LED business reform has been launched since 2024. By making structural adjustments to the manufacturing system, the company strives to build a low-cost production model, which has shown positive results in the first quarter of 2025. In order to further optimize its business structure, the company has also adopted two key strategies: First, change its sales strategy from the previous model of relying on channel providers to deeply tap engineering customer resources to enhance profitability by increasing the sales proportion of high-margin products; Second, actively expand its product line and continue to launch new products to seize market opportunities in response to the ever-escalating technical needs in TV backlighting and other fields.
In the touch display business segment, Dongshan Precision also welcomes new development opportunities. This business covers two major areas: consumer electronics and automobiles. Previously, due to the impact of destocking in the consumer electronics industry, market demand was once sluggish. Since 2024, the downstream market has gradually recovered, and the company's key customers will enter the mass production stage in the second half of the year, which has effectively led to a significant improvement in business profitability. As orders from major customers continue to grow in 2025, it is expected that the business's full-year revenue and profit will achieve double-digit growth.
It is worth mentioning that Dongshan Precision's new energy business performed well in the first quarter of 2025, achieving sales revenue of approximately 2.630 billion yuan, a year-on-year increase of approximately 43.79%. This growth is mainly due to the strong performance of the precision manufacturing and circuit board businesses, demonstrating the company's strong competitiveness in emerging fields.
Looking to the future, Dongshan Precision will continue to focus on the three core strategies of structural optimization, product innovation and cost control to push the LED business out of difficulties and achieve sustainable development. At the same time, the company will give full play to the synergy effects of various business segments, continue to make efforts in touch display, new energy and other fields, and inject new momentum into the high-quality development of the company.