Longli Technology: Mini-LED automotive, VR, display and other product business share increased, and the comprehensive gross profit margin increased to 13.06%

According to news from the financial industry on June 21, the investor relations activity record disclosed by Longli Technology shows that under the trend of large-screen, multi-screen, high-definition, and interactive vehicle displays, new display technologies represented by Mini-LED have begun to emerge. It is expected that as the demand for smart cockpits increases, the penetration rate of vehicle-mounted Mini-LED will continue to rise. The company continues to promote the accelerated application penetration of Mini-LED technology in various fields. The proportion of Mini-LED automotive, VR, display and other product businesses has gradually increased, gradually becoming the company's new profit growth point, and the comprehensive gross profit margin has increased from 6.4% to 13.06%. In addition, the company will further optimize the internal management structure, improve the lean management of various departments, and carry out "cost reduction and efficiency improvement" activities. In terms of product structure, the company has expanded its product application areas from smartphones to automotive, VR, e-sports monitors, tablets, NB and other fields, and the proportion of non-mobile phone product business has increased significantly.