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Shenzhen Mtc (002429): Steady revenue growth consolidates leading position in multiple Industries.
The company is a Global leading manufacturer of Consumer Electronics. Established in 2005, it has formed two major business Sectors: smart display terminals and the Led & Optoelectronics Industry Chain. It was listed and started trading on the Shenzhen Stock Exchange in June 2010. The company has a...
Guosen: The continuation of the trade-in policy drives demand for Television, with TV panel prices rising in January.
Due to stronger-than-expected demand for Television, panel manufacturers may not make annual maintenance adjustments during the Lunar New Year period, and the prices of Television panels still have room for increase under strong demand.
Southwest Securities: Policies support the growth of domestic appliance sales, with a focus on Emerging Markets for exports.
Looking ahead to 2025, the home appliance Industry will be a year to refocus on domestic demand investment opportunities, benefiting high-value individual products, and the market may return to the Consumption Upgrade track, leading to healthier competition; at the same time, it will also be a year full of adjustments and uncertainties for exports.
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.