光峰科技：2020年年度报告（英文版）.PDF

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1、Annual Report 2020 1/311 Stock Code:688007 Stock Short Name:Appotronics Appotronics Corporation Limited Annual Report 2020 Annual Report 2020 2/311 Hold Fast to Long-term Value Whenever to Change or Persevere Dear Shareholders,Like many other companies,Appotronics has experienced an extraordinary ye

2、ar of 2020.Our performance has inevitably been affected under the circumstances of the pandemic.The good news is that most of our business sectors were advancing steadily in the first half of the year and the cinema sector quickly rebounded in the second half of the year.And the overall annual reven

3、ue was basically the same as the previous year,which is more than RMB100 million,demonstrating good resilience.Instead of the figures in the annual report,I would like to share with you where such strong resilience comes from,what we have done to seek a breakthrough in those days when we were“besieg

4、ed”by the pandemic,and what we have done to prepare for the next year and even longer term.Insist on Technology Innovation for Long-term Value In 2020,the pandemic brought tremendous uncertainty to the world.For companies like Appotronics who pursues long-term values,we experienced unprecedented pre

5、ssure to adhere to our original goal,which is insisting on technology innovation and striving to continuous evolution.We believe that only by meeting basic needs of customers and creating long-term profits for investors can we go through the ups and downs in this turbulent market.Since the original

6、invention of ALPD fluorescent laser display technology in 2007,Appotronics has never stopped the evolution of this technology.We launched the worlds first laser TV in 2013,installed the worlds first ALPD laser cinema projector in 2014,introduced the worlds first laser TV priced under RMB10,000 in 20