Tongxingda: We are vigorously developing products in non-mobile phone fields and are not directly applied to VR-EEWORLD

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An investor asked on the investor interaction platform: The gross profit margin of Tongxingda's products is about 10%. Can it be improved? In addition, can the display modules produced by Tongxingda be applied to VR products? Are the relevant modules the same as Changxin's modules?

On November 30, Tongxingda (002845.SZ) stated on the investor interaction platform that Tongxingda has been continuously increasing its R&D investment to break through some key bottleneck technologies, improve product technology, and reduce costs and increase efficiency. At the same time, it is currently vigorously developing non-mobile phone fields, such as smart home appliances, smart wearables, NB and other major products, which will effectively increase Tongxingda's product gross profit.

As for whether the display modules produced can be applied to VR products? Whether the relevant modules are the same as Changxin's modules, Tongxingda said frankly that Tongxingda's products are not directly applied to VR, but Tongxingda will continue to pay attention to this field.

It is understood that in the context of the weak mobile phone market, the non-mobile phone sector has become one of the main markets for major mobile phone upstream and downstream manufacturers to expand. However, compared with the mobile phone industry chain, the demand in the non-mobile phone sector is far less than that in the mobile phone market, and the differentiation in this sector is very obvious.

According to information, Tongxingda was founded in April 2004 and is a national high-tech enterprise located in Longhua District, Shenzhen City, Guangdong Province. It is mainly engaged in the research and development, design, production and sales of LCD, OLED liquid crystal display modules and camera modules. Its products are used in mobile phones, tablet computers, smart wearables, NOTEBOOK, automotive, industrial control instruments, drones, smart homes and other fields, and are sold all over the country and Hong Kong, Macao and Taiwan.

Reference address：Tongxingda: We are vigorously developing products in non-mobile phone fields and are not directly applied to VR

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