Home Business Improving life with technology, KTC, a leading enterprise in intelligent display, will soon be listed on the Shenzhen Main Board_ Oriental Fortune Net

Improving life with technology, KTC, a leading enterprise in intelligent display, will soon be listed on the Shenzhen Main Board_ Oriental Fortune Net

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Since 2001, the sales revenue has exceeded 1 billion yuan for 21 consecutive years. Since 2014, it has maintained a sales scale of more than 5 billion yuan for 8 consecutive years and has grown steadily year by year. In 2021, it will exceed 10 billion yuan. After more than 20 years of development, Shenzhen has cityKTC TechnologyLimited by Share Ltd (hereinafter referred to as “KTC Technology”) has become one of the leading enterprises in the intelligent display industry.

February 24,KTC TechnologyGood news again, SFCannouncementapproved the company’s public offering of no more than 42.4875 million sharesNew crotch. This means that KTC’s listing is coming to an end, and the Shenzhen Main Board is welcoming a new star in the field of smart displays.

  Deep cultivation of intelligent display

  Significant industry competitiveness

KTC Technology focuses on the research and development, production and sales of smart display products. Its main products include smart interactive display products in the commercial field and smart TVs in the household field. The downstream of the company covers SMART, Prometheus, NEC, BenQ, Compal and other international head display brands, as well as Samsung, LG,PhilipsSharp, Millet,walmartand other well-known global smart TV companies.

By the end of 2021, the company has more than 50 modern production lines of various types. According to statistics from FutureSource, the company’s smart interactive tablet ranked first in the world in overseas shipments among manufacturing suppliers in 2020; Ranked fifth in the world in terms of shipments among merchants.

From 2019 to 2021, the company’s main business income is 6.975 billion yuan, 7.338 billion yuan, and 11.801 billion yuan respectively, of which intelligent interactive display products and smart TV revenue account for 80.42%, 85.38%, and 85.88%, respectively, and overseas sales account for respectively. were 68.60%, 77.62% and 79.73%.company in the same periodnet profitThey were 531 million yuan, 485 million yuan, and 924 million yuan respectively.In addition, the company expects to achieve in the first quarter of 2022Operating income2.534 billion yuan to 2.895 billion yuan, a year-on-year increase of 13.40% to 29.57%; net profit attributable to the parent was 179 million yuan to 204 million yuan, a year-on-year increase of 50.29% to 71.71%.

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Rising market position and goodperformancethanks to the complementary and organically unified competitive advantages of KTC’s design, manufacturing and market, that is, full-process software and hardware customized R&D design, small batch and multi-model flexible manufacturing, differentiatedmarketing strategyand high-quality customer resources.

At the beginning of its establishment, KTC has been insisting on independent research and development in software and hardware such as product design, drive system, interactive system, intelligent main control board, power board, backlight display module, intelligent touch module, etc. intellectual property. At the same time, the company has an intelligent manufacturing center with self-owned property rights of about 450,000 square meters, which can timely respond to the needs of different customers for small batches and multi-model customized products.

Facing the fierce market competition, KTC has established a differentiated market strategy to serve the global leading brands of intelligent interactive display products, the international well-known smart TV brands in small and medium-sized regional markets, and local leading brand customers in various regional markets. Establishing cooperative relations, gradually becoming a strategic partner of world-renowned display brands, and has also become the main supplier of local well-known brand enterprises in various regions.

  Grasp industry opportunities

  Intelligent interactive display

The development and growth of KTC is inseparable from the transfer of the global display industry industrial chain. Around 2010, the global display industry industry chain accelerated its transfer to mainland China. According to the forecast data of Luotu Technology, the shipments of LCD panel manufacturers in mainland China will reach 60% of the world in 2021; the top 7 manufacturers in the LCD TV market will account for about 65% of the global shipments in the first half of 2021, and most of the manufacturing plants are concentrated in China mainland.

From the perspective of downstream industries, the increasing degree of informatization is becoming a catalyst for the increase in demand in the intelligent interactive display industry. The new crown epidemic has also greatly changed human working and living habits. Onlineeducate, Internet medical care, and smart office markets are becoming the main potential markets for intelligent interactive display products. According to the “2020 IDC China Video Conferencing and Collaboration Market Tracking Report” released by IDC, the scale of China’s video conferencing market in 2020 will reach US$950 million, a year-on-year increase of 18.9%. Among them, the hardware video conference market increased by 15.3% year-on-year to US$690 million, and the cloud conference market increased by 29.4% year-on-year to US$260 million.

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In the face of the continuous improvement of the industry’s prosperity, KTC said that it will seize the development opportunities of the industry, actively deploy intelligent interactive display and smart TV fields, relying on the needs of existing large customers, through continuous research and development investment, process technology improvement and capacity expansion to increase product market share and customer stickiness. At the same time, the company will also strengthen overseas service capabilities through the strategy of building a global service platform, and strengthen the company’s leading position in global manufacturing in the commercial field.

On the other hand, the company will also upgrade its product design and R&D capabilities, and gradually expand the application of emerging display technologies such as OLED, Mini-LED and AR displays.for wisdomeducatesmart office, e-sports, security, commercial display, medical and other fields, KTC will launch more self-owned brand products, expand market awareness, increase sales revenue of its own brand, while increasing the added value of products, Further enhance market share and global competitiveness.

  Overweight production capacity construction and technology research and development

  The sword points to the global high-end market

According to the prospectus, KTC Technology’s IPO plans to raise 2 billion yuan, which will be used for KTC’s smart display terminal product expansion project, commercial display product expansion project, R&D testing center and other projects, with a total investment of 3.16 billion yuan.

The KTC smart display terminal product expansion project with a total investment of more than 1 billion yuan aims to further expand the company’s production capacity and enhance the automation, intelligence and flexible manufacturing capabilities of equipment. KTC admits frankly that the company’s existing production sites are limited, the production capacity has become saturated, and the production line has a long life and low production efficiency. After the implementation of the project, it will effectively solve the problem of the company’s production capacity shortage, give full play to the advantages of scale, and further consolidate and enhance the company’s market share. The expansion project of commercial display products is aimed at intelligent interactive display products such as gaming monitors, monitors, and splicing display units. By introducing high-end equipment, it can meet the requirements of high refresh rate, ultra-wide screen, curved display, large-size OLED panel, and Mini-LED panel. Products and other high-end personalized products production needs.

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Research and development has always been the top priority of KTC. In this fundraising, it is planned to invest 620 million yuan, 100 million yuan and 80 million yuan respectively in the research and development testing center, the global technology center and the information system upgrade project. After the completion of the project, the company will further enhance its R&D innovation capabilities and delivery capabilities, provide strong conditions for the research and development of new technologies, new products, new processes and new equipment, and ensure the company’s technological advancement.

At the Beijing Winter Olympics, smart display products shined brightly, and the application of smart displays quickly opened up consumers’ horizons. According to the analysis of relevant market participants, the application of the new generation of display technology will open up new growth space for the industry. The superposition of the epidemic will lead to the gradual release of risks and fluctuations in the upstream supply chain. Under the combined effect of strong demand and stable supply chain, it is expected to become intelligent in 2022. New Year displayed.

KTC Technology said that in the future, it will adhere to the corporate mission of “improving life with technology“, take fundraising projects as a platform, and take the extension of the intelligent display industry chain, value enhancement and business layout as the strategic direction, and continue to study the innovation and upgrading of intelligent display products. , is committed to becoming the world‘s top professional manufacturer of intelligent display products.

(Article Source:securitiesTimes Network)

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