BOE has been on the Fortune China 500 list for 12 consecutive years and has risen to 57th place

On the evening of July 12, the 2022 Fortune China 500 list was released. This list considers the performance and achievements of the largest Chinese listed companies in the world in the past year. BOE (BOE Technology Group Co., Ltd.) has significantly improved its ranking compared with last year, ranking 57th on the list , and ranked first among semiconductor display companies, thanks to its outstanding operating performance, market performance and brand value improvement in 2021.

BOE ranks 57th on Fortune China 500 list in 2022

In recent years, as a global IoT innovation company, BOE has achieved significant improvements in operating performance and brand value. In 2021, BOE's annual operating income was 219.31 billion yuan, a year-on-year increase of 61.79%; in the first quarter of 2022, BOE's operating income was 50.476 billion yuan , and the net profit attributable to shareholders of listed companies was 4.389 billion yuan. At the same time, BOE has been ranked among the top 100 most valuable Chinese brands in the BrandZ™ ranking , completed a comprehensive upgrade of its brand positioning, and released the first technology brand in China's semiconductor display field, creating a new era of "technology + brand" dual value drive, becoming another example of its growing technological strength.

In terms of market performance, according to data from global market research organization Omdia, BOE's overall display shipments ranked first in the world in 2021. Among them, the shipments of LCD displays in five major application areas, including smartphones, tablets, laptops, monitors, and TVs, all remained the world's first. In terms of technological innovation, BOE has always upheld its respect for technology and its persistence in innovation, investing a high proportion of its operating income in research and development every year, continuously promoting high-quality technological innovation, and launching many innovative products and applications in the fields of ultra-high-definition, flexible, ultra-high refresh rate display, smart finance, smart retail, and industrial Internet. During the 2022 display industry's "Oscar" - SID International Display Week, BOE's 86-inch glass-based active-drive Mini LED product won the "Display Component of the Year" award in the 2022 SID Global Display Industry Award, a heavyweight award in the global display industry; at the same time, it won two People's Choice Awards with its first 17.3-inch foldable OLED notebook product and a highly technological booth image. The professional e-sports display screen launched by BOE has a refresh rate of up to 500+Hz. It adopts leading oxide TFT technology and fast response liquid crystal technology, which can achieve an extremely fast response time of 1ms to make the picture dynamic without drag, bringing an extremely enjoyable competitive experience. With the new opportunity of digital transformation to reshape the production model, BOE was awarded the highest honor in the field of global intelligent manufacturing, the "Lighthouse Factory", in March 2022, successfully creating a new model of global digital and intelligent integration, and becoming BOE's first world business card in the field of intelligent manufacturing.

The performance in IoT innovation is also impressive. With the continuous deepening and empowerment of BOE's "Screen-IoT" strategy, business application scenarios are constantly expanding. Smart financial solutions have provided services to more than 2,500 bank outlets across the country; smart park solutions have been implemented in more than 20 cities including Beijing, Tianjin, and Chongqing; and smart retail solutions have been implemented in more than 30,000 stores in more than 60 countries around the world.

At present, the wave of digitalization and intelligence led by the new generation of information technology has pushed displays to be more and more deeply integrated into all areas of human life. The era of "display everywhere" has arrived. BOE will adhere to technological innovation, continuously explore and cultivate more IoT subdivided application scenarios, integrate more functions, derive more forms, and place more scenarios on the screen, so as to help people upgrade their beautiful life to a smart one and change their lives with heart.