Shenzhen Mtc (002429.SZ): The controlling subsidiary Shenzhen Mtc Optoelectronics has developed into the Global largest Mini/Micro COB display module manufacturer, with production capacity occupying half of the Industry.
On December 27, Gelonghui reported that Shenzhen Mtc (002429.SZ) stated on the investor interaction platform that, so far, its holding subsidiary, Shenzhen Mtc Display, has developed into the largest Mini/Micro COB display module manufacturer in the Global market, with its production capacity accounting for half of the Industry. Currently, Shenzhen Mtc Display has established extensive Business partnerships with major domestic leading display clients as well as top international brands in the display Industry. For specific Business cooperation details, please pay attention to the company announcements.
Research Reports Gold Diggers | Tianfeng: Maintain Shenzhen Mtc "Buy" rating, Television ODM Business deeply cultivated overseas showing steady growth.
According to a Research Report by Tianfeng Securities on December 24, Shenzhen Mtc (002429.SZ) has been steadily expanding its Television ODM Business overseas; the upgrade of chip product structure has gradually established the subsidiary Shenzhen Mtc Semiconductors as an industry leader in terms of scale and value. The packaging Sector is focused on reducing costs in the backlight field and is experiencing new growth, while the expansion of COB product pitch range is facilitating the expansion of application areas. As the company further extends into the optical communication field, Shenzhen Mtc is gradually transforming from a terminal manufacturing enterprise into a Technology group enterprise. It is expected that the Net income attributable to the parent company for 2024-2026 will be 1.85/2.33/2.69 billion yuan (maintained).
Shenzhen Mtc (002429): Strengthen the vertical integration of optical chips - optical devices - optical modules to transform into a high-tech manufacturing enterprise.
Event: 1) The company plans to invest in the "High-speed Optical Communication Module and Optical Device Project (Phase I)" through its wholly-owned subsidiary, Zhaochi Ruigu Communication Co., Ltd.'s subsidiary, Zhaochi Guanglian, and build manufacturing production lines for optical modules and optical devices, with the project covering.
Research Reports on Mining Opportunities | Zheshang: Shenzhen Mtc accelerates its layout in the optical communication field, maintaining a "Shareholding" rating.
On December 23, Gelonghui reported that Zheshang's Research Report indicated that Shenzhen Mtc (002429.SZ) is investing in the construction of optical communication high-speed modules and upstream chip production lines, accelerating its layout in the optical communication field. It maintains a "Shareholding" rating. The company is further strengthening its vertical integration layout in the optical communication sector, with the optical communication Industry Chain expected to become another growth point for the company. The company continues to adhere to an integrated layout approach across the entire Industry Chain, closely coordinating the future product development plans of Shenzhen Mtc with the expansion and technological upgrades of optical communication modules, thereby reinforcing the company's vertical integration of optical chips -- optical devices -- optical modules, which will also assist.
A-share fluctuation丨Home Appliances stocks rose in early trading, and brokerages indicate that the year-end market is an important investment opportunity in the Industry.
On December 23, Gelonghui reported that Shenzhen Mtc reached its daily limit, Gospell Digital Technology and Jiulian Technology rose over 3%, while Hisense Visual Technology and Sichuan Changhong Electric also followed suit. According to news from China Securities Co., Ltd., the year-end market is an important investment opportunity period for the home appliance industry, essentially the valuation switch hinges on steady performance growth digesting the valuation. The home appliance sector is recognized as an industry with stable performance, and its excellent fundamentals constitute the first condition for the valuation switch in the home appliance sector. Another fundamental condition is that valuations are relatively low or not overvalued. The 2025 valuation is still at a relatively low level and not overvalued. Considering the fundamentals rhythm of 2025, we believe that the first quarter of 2025 will be.
Shenzhen Mtc (002429): Integration of the optical communication supply chain layout progresses further.
Investment highlights: On December 20, 2024, the company announced the external investment in the construction of high-speed optical communication modules and optical device projects (Phase I), as well as the external investment in the construction of optical communication Semiconductors laser chip projects (Phase I).
Express News | Shenzhen Mtc: Committed to developing high-speed optical modules of 200G, 400G, and even 800G and above.
Shenzhen MTC Plans to Establish Singapore Subsidiary
Shenzhen MTC (002429.SZ) plans to establish an overseas subsidiary in Singapore.
Shenzhen MTC (002429.SZ) announced that in order to fully adapt to changes in the international environment, based on the foresight of the company's global strategy...
Guosen: In October, the shipment area of LCD TV panels increased year-on-year, and the industry capacity of LCD is gradually stabilizing.
The production capacity of the LCD industry is gradually stabilizing, and with the shutdown of production lines by overseas manufacturers and the sale of production lines by overseas manufacturers, the industry's market share is expected to further concentrate.
Shenzhen MTC (002429): Rapid growth in revenue scale with multiple factors affecting the net margin.
Event: The company released the third quarter report of 2024, achieving revenue of 16.16 billion yuan in the first three quarters of 2024, a year-on-year increase of 27.4%; net income attributable to shareholders was 1.37 billion yuan, a year-on-year increase of 7.9%; non-net income was 13.1
Shenzhen MTC (002429): ODM sector grows steadily, maintaining a leading position in the full led & optoelectronics industry chain layout
Investment Highlights: The company released the third quarter financial report for 2024, achieving revenue of 16.162 billion yuan in the first three quarters of 2024, a year-on-year increase of 27.39%; net income attributable to the parent company was 1.373 billion yuan, a year-on-year increase
Shenzhen MTC (002429): The performance was below expectations, focusing on LED display incremental development.
On October 25, 2024, Shenzhen MTC released the third quarter report for 2024. The company released the quarterly report. The company achieved revenue of 16.16 billion yuan in the first three quarters, a year-on-year increase of 27.4%, and achieved a net income attributable to the parent company of 13.7 billion yuan.
Shenzhen MTC (002429): High Growth in Television ODM Shipments
The company announced its 2024 Q3 performance: Q3 2024: revenue of 6.64 billion (an increase of +34.1% year-on-year), net income attributable to the parent company of 0.46 billion (a decrease of -14.1% year-on-year), non-GAAP net income attributable to the parent company of 0.45 billion (a decrease of -7.8%).
Zhaochi shares: report for the third quarter of 2024
Shenzhen MTC (002429.SZ) released its performance for the first three quarters, with a net income of 1.373 billion yuan, a year-on-year increase of 7.93%.
Shenzhen MTC (002429.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue...
Shenzhen MTC (002429.SZ): The net income for the first three quarters was 1.373 billion yuan, a year-on-year increase of 7.93%.
On October 25, Gelonhui reported that Shenzhen MTC (002429.SZ) released the third quarter report of 2024, achieving revenue of 16.162 billion yuan in the first three quarters, a year-on-year increase of 27.39%; net income attributable to shareholders of the listed company was 1.373 billion yuan, a year-on-year increase of 7.93%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.311 billion yuan, a year-on-year increase of 17.28%; basic earnings per share were 0.3032 yuan.
Express News | Shenzhen MTC established a digital technology company in Jiangxi with a registered capital of 0.3 billion.
Shenzhen MTC (002429): Positive revenue performance despite net profit pressure from business adjustments.
The company disclosed the third quarter report of 2024, with the company's total operating revenue in 9M2024 reaching 16.162 billion yuan, up by 27.39% year-on-year, and a net profit attributable to the parent company of the 1.373 billion yuan, an increase of 7.93% year-on-year, with 3Q202
shenzhen mtc (002429.SZ): Its subsidiary Zhaoci Crystal Display already has completely independent COB technology.
格隆汇October 22nd丨Shenzhen MTC (002429.SZ) stated on the investor interaction platform that in the LED & optoelectronics field, the company has focused on the COB technology route. According to industry reports on Display, currently, glass-based displays are still in the early stages of development in the display industry, while the COB technology route is a popular and promising route in the LED large-screen display industry. Currently, the subsidiary MTC Crystal Display has independently developed COB technology, possessing industry-leading display technology and manufacturing processes, making it the world's largest COB panel manufacturer with leading technology on a global scale.