公告日期：2025-04-22

ANNUALREPORT 2024
April 2025

Message to Our Shareholders

As the seasons changed, we ushered in a splendid year.

The year 2024 marks the beginning of BOE's next thirty years, as well as a pivotal year for the
Company to deepen its reforms. In the face of a complex and ever-changing global landscape and
widespread pressure on industry operations, all BOE employees have overcome challenges and kept
forging ahead. Through their hard work, the Company has achieved a fruitful year, with its
performancebackonagrowthtrajectory.AnnualrevenueapproachedRMB200billion.Eachbusiness
line also maintained strong momentum in high-quality development. In the semiconductor display
business, our global shipments of LCDs and shipments across the five major application products
remained number one worldwide, while we maintained global leadership in innovative markets such
asautomotive, retail,healthcare, and IoT.OurshipmentsofflexibleOLEDsgrewsteadily,withnearly
140 million units delivered throughout the year. In the innovative business segment, our MLED
business performance showed significant improvement, the sensor business saw revenue of smart
windows double year-on-year, and the evaluation for top-tier hospital certification for Chengdu BOE
Hospital progressed smoothly in the smart engineering medicine business. Furthermore, the "N"
business continued to thrive, making breakthroughs in areas such as intelligent car networking, ultra-
high-definition displays, and digital art, while also creating benchmark cases, with some businesses
gaining favour in the capital market. These achievements have laid a solid foundation for BOE to
build its medium- to long-term competitive edges. These successes are inseparable from BOE's
ongoing, multidimensional efforts.
Strategic Leadership:Adhering to Long-Termism

Looking back on BOE's development journey, while the Company has encountered setbacks, it has
consistently turned industry challenges into opportunities for growth. Th……
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