Six companies showed that the half-year exam results of companies were released, and some were happy

As the global display technology track is accelerating and the market landscape is changing, six display-related companies, BOE Huacan, Xiamen Cinda, Huaying Technology, Azure Lithium Core, Rainbow Shares and Skyworth Digital, have successively handed over the first half of 2025. Performance forecast answer sheet.—— This is not only a phased physical examination report of the company's own development, but also a barometer of the development trend of the industry. It reflects the opportunities and challenges of the industry in the current market environment from different dimensions.""

BOE Huacan: The dawn of turning losses into profits is beginning to emerge

The news that BOE Huacan Optoelectronics 'forecast losses narrowed in the first half of the year will undoubtedly inject a boost in the arm into the industry. Through the two-pronged approach of increasing production capacity and strengthening management, production costs have been effectively reduced, product structure has been simultaneously optimized, the proportion of high-margin products has increased, and gross profit margins have been improved significantly. At the same time, approximately 54 million yuan of new non-recurring profits and losses added a lot to the performance. Behind this achievement is the company's accurate grasp of market trends and active transformation. The full delivery of Micro LED products is a strong proof of its technical strength and market foresight. It indicates that in emerging fields such as large size commercial displays and AR/VR, BOE Huacan is expected to open up a new growth curve and gradually get rid of the haze of losses., towards a new journey of profitability.

Xiamen Cinda: A difficult breakthrough under the haze of debt

In contrast, Xiamen Cinda's expected net profit attributable to its parent company in the first half of the year narrowed compared with the same period last year, but it is still mired in losses. Its debtor, Xi'an Maike Metal International Group Co., Ltd., went bankrupt and reorganized, resulting in the company having to withdraw approximately 61 million yuan in losses such as credit impairment of receivables. This incident exposed the shortcomings of companies in account receivable risk management, and also highlighted the huge impact of the rupture of the debt chain between companies on performance in a complex business environment. How to recover losses to the greatest extent and optimize the financial structure in the subsequent follow-up of reorganization matters will be a key task for Xiamen Cinda in the second half of the year. If there is a slight carelessness, the loss situation may continue.

Huaying Technology: Struggle in the quagmire of competition

Huaying Technology is also facing fierce market competition, but through a series of combination moves such as focusing on its main business, integrating production lines, and reducing costs, it has achieved year-on-year growth in net profit. Although it has not yet got rid of the loss state, it has shown tenacity."" Under the current situation of overcapacity and fierce price wars in the display panel industry, Huaying Technology's measures are the epitome of many midstream manufacturing companies. The industry reshuffle is accelerating. Only by continuously improving efficiency, reducing costs, and optimizing products can it survive and seek breakthroughs in this cruel competition. Huaying Technology is on this thorny transformation road, and its future performance trend still depends on whether it can continue to deepen reforms and keep up with changes in market demand.

Blue lithium core: a growth miracle of multi-line flowering

Azure Lithium Core is undoubtedly the top performer in the first half of the year. Net profit is expected to increase by 79.29%-115.15% year-on-year, and net profit deducted from non-profit will increase significantly by 156.05%-204.36%."" Shipments of the lithium battery business continue to rise, and the contribution of the LED chip business has increased significantly, both of which have become strong engines of performance growth. The company adheres to the high-end LED product route strategy, successfully enters the supply chain of major global customers, establishes a firm foothold in fields such as Mini LED backlight chips, and continues to expand into emerging markets such as plant lighting and automotive lighting, and the results of diversified layout are beginning to show. Amid the overall fluctuations of the industry, we rely on precise strategic positioning and efficient execution to achieve a rise against the trend and win broad space for our own development.

Rainbow Shares: Performance declines under the market downturn. Rainbow Shares 'performance forecast is slightly bleak. Net profit attributable to shareholders of listed companies has dropped sharply, mainly due to the decline in TV panel product prices, a sharp drop in G6 substrate glass production and sales, and an increase in financial expenses. Price fluctuations in the TV panel market are the norm in the industry, but the decline in Rainbow shares is large this time, reflecting its single product structure and insufficient risk resistance. Although there have been actions in the capacity allocation of large size and high-brush products and the construction of G8.5 + substrate glass projects, it is difficult to offset the downward pressure on the market in the short term. How to optimize the business layout and increase the added value of products during the market downturn has become an urgent issue facing Rainbow Shares.

Skyworth Digital: Performance shocks under market shocks Skyworth Digital's performance in the first half of the year also fell significantly. The unit price of sales of smart terminal products dropped significantly, resulting in both revenue and gross profit margins falling. Under the layout of multiple technologies such as optical communications and digitalization, it has not yet been able to withstand the impact of market competition, highlighting the grim reality of weak demand and fierce competition in the consumer electronics market. Companies need to re-examine their market positioning, strengthen technological innovation and product differentiation, and explore emerging business growth points in order to regain growth momentum in this red sea market and reverse the decline in performance.

Taken together, the performance of these six companies is a slice of the development of the industry. The industry is at a critical juncture in technology iteration and market restructuring. There are companies like BOE Huacan and Azure Lithium Core that have seized opportunities through technological innovation and strategic transformation, and there are also cases where they are in trouble due to market fluctuations and their own shortcomings. For the entire display industry, this is a challenge and an opportunity. Against the background of slow global economic recovery and complex and changeable trading environment, only those companies that can deeply understand market demand, continue to invest in technology research and development, and flexibly adjust strategic layout can cross the cycle and stand out in the new round of industry reshuffle. Write your own glorious chapter.