1、1 ANNUAL REPORT 2024 April 2025 2 Message to Our Shareholders As the seasons changed,we ushered in a splendid year.The year 2024 marks the beginning of BOEs next thirty years,as well as a pivotal year for the Company to deepen its reforms.In the face of a complex and ever-changing global landscape a
2、nd widespread pressure on industry operations,all BOE employees have overcome challenges and kept forging ahead.Through their hard work,the Company has achieved a fruitful year,with its performance back on a growth trajectory.Annual revenue approached RMB200 billion.Each business line also maintaine
3、d strong momentum in high-quality development.In the semiconductor display business,our global shipments of LCDs and shipments across the five major application products remained number one worldwide,while we maintained global leadership in innovative markets such as automotive,retail,healthcare,and
4、 IoT.Our shipments of flexible OLEDs grew steadily,with nearly 140 million units delivered throughout the year.In the innovative business segment,our MLED business performance showed significant improvement,the sensor business saw revenue of smart windows double year-on-year,and the evaluation for t
5、op-tier hospital certification for Chengdu BOE Hospital progressed smoothly in the smart engineering medicine business.Furthermore,the N business continued to thrive,making breakthroughs in areas such as intelligent car networking,ultra-high-definition displays,and digital art,while also creating be
6、nchmark cases,with some businesses gaining favour in the capital market.These achievements have laid a solid foundation for BOE to build its medium-to long-term competitive edges.These successes are inseparable from BOEs ongoing,multidimensional efforts.Strategic Leadership:Adhering to Long-Termism