Shentianma: 6th generation flexible AMOLED production line IT and automotive projects will be mass-produced in 2026

On March 16, Shentianma released its latest investor relations activity record, detailing the company’s latest progress in revenue performance, OLED, automotive display, Micro LED and other core business areas, as well as its future development strategy.

In 2025, Shenzhen Tianma will achieve operating income of 36.2 billion yuan, a year-on-year increase of more than 8%, net profit attributable to the parent company will improve by more than 800 million yuan year-on-year, and net profit after non-discounting will improve by more than 1.6 billion yuan year-on-year, successfully turning its performance into profit. In terms of revenue structure, among the company's main businesses in 2025, the automotive business will account for approximately 38%, the mobile phone business will account for 30%, the professional display business will account for 14%, and the IT business will account for 7%.

Image source: Guomao Holding Group

Regarding the main support for turning losses into profits, Shentianma said that advantageous businesses such as automotive displays and professional displays have shown good business resilience and continued to expand their leading position. The growth in revenue scale has driven the increase in business profit scale and has become the "ballast stone" for the company's steady profit growth; the quality and efficiency of key businesses such as flexible OLED mobile phones have been further improved; at the same time, business sectors such as IT and smart wearable displays have good development momentum and profitability has steadily increased, driving the company's overall profitability to significantly increase.

In terms of production line construction, the company's TM19 production line has achieved phased mass production capacity goals ahead of schedule, achieved full product line coverage and smooth case opening, promoted the successful introduction and delivery of leading customers in multiple application fields, and achieved successful mass production of the first IGZO product; the TM20 production line focuses on the rapid expansion of automotive and IT product technologies, customer cooperation and mass production delivery have been smoothly advanced, high-complexity product capabilities have continued to improve, and production capacity and operating efficiency have been significantly improved.

In terms of OLED business, Shentianma's flexible AMOLED mobile phone display shipments in 2025 will continue to grow year-on-year, and multiple products will support the flagship launch of strategic customers. At the same time, the profitability of this business has further improved year-on-year. Coupled with the advancement of OLED business diversification, the TM17 production line has achieved a year-on-year profit improvement of more than 40%.

The performance of the vehicle-mounted business is relatively impressive. In 2025, the company's related business revenue will increase by approximately 18% year-on-year, and the business scale will reach a record high. Automotive electronics and new energy vehicle-mounted businesses have become important growth engines. Among them, the revenue of the automotive electronics business, which focuses on the international assembly business, increased by more than 30% year-on-year and successfully achieved a profit breakthrough; in terms of new energy business, the company's domestic new energy market share continued to grow rapidly.

In terms of Micro LED business, in 2025, the company's full-process Micro-LED production line capabilities will be steadily improved, and it has successfully achieved the simultaneous transfer of more than one million Micro-LED chips with high efficiency, high precision, and high yield, helping the Micro-LED business achieve commercial breakthroughs in the PID field. Small batch shipments of some products have been achieved. In the automotive field, the company successfully lit up its first automotive standard product, which integrates high transparency, splicability, high reliability and super performance. The company's Micro-LED research and development has achieved a leap from technology development to standard products.

Regarding the development of medium-sized OLED business and the investment and construction plan of the 8.6-generation line, Shentianma stated that the IT and vehicle-mounted display projects currently deployed on the 6-generation flexible AMOLED production line are progressing smoothly, and it is planned to achieve mass production in 2026. Whether there will be a new 8.6-generation line layout in the future will be comprehensively considered based on the company's own strategic planning and market demand.

Looking forward to 2026, Shenzhen Tianma will continue to adhere to the "2+1+N" strategy and promote high-quality development of various businesses:

In the field of mobile phone display: take advantage of the synergy of multiple technologies and multiple production lines. In terms of AMOLED, we will continue to promote the upgrading of technological capabilities, strengthen ultimate cost, improve product competitiveness, continuously optimize product structure, further increase market share and the proportion of high-end flagship products, and improve profitability; in terms of LCD, we will promote the overall leadership in high-generation line technology capabilities and improve product competitiveness and production line operation capabilities.

In the field of automotive display: strengthen its leading advantages, accelerate the development of LTPS TFT-LCD automotive business, accelerate the development of AMOLED automotive technology, promote the mass production of AMOLED automotive projects, take the lead in the technology development of Micro-LED automotive products, strengthen the capabilities of high-generation automotive large-screen products, and promote the overall competitiveness of the automotive business; continue to actively explore the new energy vehicle market, and further promote the development of international major customers in the automotive electronics business and the stable mass production of more projects.

In the IT display field: Through in-depth cooperation with key customers, we will promote business scale growth in an all-round way, make every effort to complete the Oxide product line, complete a-Si product upgrades, and fully promote the mass production of IT products.

In the "N" business field: continue to delve into niche markets, build a diversified and complex product matrix, strengthen technological leadership and product competitiveness in each segmented application field; actively explore new customers in new tracks such as sports and health, non-display business, and cultivate new drivers of business growth.

In addition, the company will continue to promote the construction and production capacity release of key production lines such as TM18, TM19 and Micro-LED invested by TM20 and other associated companies, laying a solid foundation for high-quality development.