Truly Presentation 2016.Q1

Transcription

1 Truly Presentation 2016.Q1

2 Group Structure Truly International Holdings Ltd. Founded in1978 in HK with a history of 38 years Listed in HK Stock Exchange in 1991 (stock code:00732.hk) Truly Semiconductors Ltd. Truly Opto-Electronics Ltd. Other Subsidiaries Main Business: Small&Medium Size TFT, LCD, PMOLED Truly(Huizhou) Smart Display Ltd. Founded in 2013 G4.5 AMOLED ( rigid/flexible display ) G4.5 TFT(for automotive,industrial & medical application) Main Business: CTP, CCM, Optical Bonding, Fingerprint Identification, Precision Glass Truly Industrial Ltd. Truly Instrument Ltd. Truly Electronics Ltd. 2

3 Management Structure Board of Directors Directors Steven LAM Responsibility Chairman & CEO/Company Founder Board Secretary & CFO Michael MA Li, Jianhua Manufacture/R&D/Procurement James CHEUNG Oversea Sales & Marketing James WONG Operation of Group HK Headquarter 3

4 Company Location Truly Huizhou Founded in 2013 Total Area: 210,000 m2 Truly Shanwei Truly Hongkong Founded in1991 Total Area: 850,000 m2 Group Headquarters (Founded in 1978) Shenzhen Shanwei Highway: about 2 hours High-speed Rail: about 1h10min Shanwei Huizhou Highway: about 1.5 hour 4

5 Truly Industrial Area(Shanwei) With ~25,000 employees and over 70% are Shanwei local citizens. 5

6 Truly (Huizhou) Smart Display Ltd Capacity : 4.5G: 30K Sheet/M AMOLED 50% flexible display & 50%rigid display ( for mobile, auto and wearable devices) 4.5G: 60K Sheet/M TFT LCD (for auto, industrial and medical display) Glass Substrate : 730mm*920mm*0.5/0.7t 2016.Q2 PP, 2016.Q3 MP Investors: Huizhou Zhongkai, Huizhou Investment & Truly Semiconductors Ltd. The Premiere Investment : ~ 6.3 Billion RMB Truly owns 53% share capital with 67% voting right. 6

7 Certification Truly has passed the whole quality and environmental protection system authentication: ISO 9001:2008 for LCD panels and module (1995) ISO 14001:2004 Environment Management System(2000) TL 9000-H R5.0/R4.0 Telecommunication Quality System(2002) ISO/TS 16949:2009 Automotive Quality System(2003) QC (ROHS):Hazardous Substance Process Management(2008) 7

8 Milestone(Display & Optical Bonding) Mono Display Line (TN-LCD). MP Color STN(CSTN) for mobile phone 2.5G TFT line 370mm*470mm MP ZBB(zero black bezel )Optical Bonding modules MP 4.5G AMOLED and TFT display Automotive display module Obtained Kodak OLED License and set up PM-OLED line MP Optical Bonding(OCA/OCR) (1st globally). FIC (Full In-cell) Display. Color STN Line(CSTN) (1 st in great China) 8

9 Milestone(TP) RTP line (1 st in great China) OGS CTP line TOL CTP line ( 1 st in great China) AEGIS OGS(700MPa) Chemical Scribing Surface Treatment(AG/AR/AF) MP LENS GG CTP Line 3.5G Film CTP line (RTR process) LENS line (color OGS) 4.5G OGS Line AEGIS2 OGS 9

10 Milestone(Camera & FPI) Camera R&D center COB line. 3D camera OIS CCM &Array CCM Dual CCM, PDAF CCM CSP line. MP automotive camera (rear camera) MP Automotive Surround CCM (Ethernet Interface) FPI MP Close Loop Auto Focus Camera 10

11 Capacity List(1) Capacity Now Capacity(KK.pcs/M) Product Unit: KK.pcs/M Type Now Expansion Remark Mobile Phone 15 \ by 5 LCM 23.8 Automotive (2016Q4) Less than 7 Industrial& Medical 4 5 (2016Q4) Consumer 3 \ OLED 1.5 CTP 8.8 TOL AMOLED \ 30K Sheet (2016Q2) PMOLED 1.5 3(May2016) 5.5(June2016~) GFF 6 \ OGS 0.8(for AIM) \ TOL 1 \ TFT ON CELL 1 \ glass substrate : 730mm*920mm by 1.0 by 5.0 LENS 2.5 LENS 2.5 \ By 5 (Include 2.5D) 11

12 Capacity List(2) Product Capacity Now Unit: KK.pcs/M Type Capacity(KK.pcs/M) Now Expansion Remark Optical Bonding 7.6 OCA 6 \ OCR 1 \ OCA 0.3 \ OCR 0.3 \ by 5 Table PC Camera 14.5 \ 0.7 for automotive COB(AF) (2016Q4) COB(FF) 4 \ by 5M CSP 1 2 (2016Q4) for AIM 2 High resolution / OIS AA 2 \ FPI (2016Q2) G4.5 OGS 1.4 (50K sheet/m) \ Coationg:.1.5KK Cover Lens:2KK by 7 for AIM, 5 for TFT ON CELL Glass substrate : 730mm*920mm *AIM : Automotive, Industrial, Medical 12

13 New Factory completed I. No.25 New Plant Production Line Area MP Time Capacity (pcs/m) G4.5 OGS 6,300 m K TLI for Automobile FPI 4,100 m ,300 m / :160K(by 6.3 ) :800K(by 6.3 ) 8KK CCM 6,300 m KK Total Building Area : about 40,000m² II. No.26 New Plant Production Line Area MP Time Capacity (pcs/m) PGMD(Precision Glass Machining Division) 11,200 m G TFT 2.6kk Underglass 1.2kk Industrial LCM 5,600 m KK (by 7 ) Total Building Area : about 40,000m² 13

14 Annual Revenue Truly International plans to spin off Truly Opto-Electronics Ltd. to IPO in China Stock Market. 3,500 Unit : Million USD Truly Annual Revenue 3,000 2,500 2,650 2,760 2,500 2,902E 2,000 1,500 1,000 1,350 1,590 Truly Annual Revenue E 2016E 14

15 Honours & Shipment Truly is the largest manufacturer of smartphone component in China and worldwide top-level automotive display supplier. (Automotive Display: Global No. 1 of mono display shipment in 2015) Display Touch Camera Optical Bonding FPI From 1991 From 2000 From 2004 From 2009 From Years history Years history Years history Years history Years history Shipments in 2015 Shipments in 2015 Shipments in 2015 Shipments in 2015 Shipments in Mil.pcs 78 Mil.pcs 94 Mil.pcs 47 Mil.pcs 4 Mil.pcs 15

16 Smartphone Solutions CTP OGS/film-CTP, Colorization, AEGIS OGS Lens AG/AR/AF, Precision Glass CCM OIS, PDAF, Dual-Camera FPI coating/glass/ Sapphire solution LCM Full-incell AMOLED High NTSC Display, 2K Display Optical Bonding OCA/OCR, Zero Black Bezel 16

17 Major Smartphone Customers Domestic Oversea and Taiwan 17

18 Automotive Display Solutions Cameras HUD Smart Rearview Monitor A Pillar display Dashboard Center Information display Audio & air conditions FPI Entertainment display 18

19 Smart Driving Assistance System Surround View Cameras Camera in LDW (Lane Departure Warning System ) Camera in Automotive Parking System Camera in Night Vision System (IR Camera ) Camera in LKAS (Lane Keeping Assistance System ) Camera in DVR (Driving Video Recorder) Rear View Camera Front View Camera Camera in FCW (Forward Collision Warning ) Camera in ACC (Adaptive Cruise Control) Side View Camera Camera in Blind Spot Display Camera in LCA (Lane Change Assistance) 19

20 Major Automotive Customers Direct Customers End Customers 20

21 Solutions For Industrial, Medical and Consumer Applications Providing one-stop service, various products and guaranteeing long-term supply Industrial, Medical & Consumer Electronics Office Equipment Smart Home Wearable Devices VoIP/POS machine Others Video telephone Washing machine Smartwatches POS machine Industrial instrument Copier Air-condition SmartBand USB key Heart Rate Tester 21

22 Major Customers --Industrial, Medical and Consumer Applications Industrial/Medical CPA Goertek 22

23 Global Business Network China Hong Kong: Headquarters, Operation Shanwei / Huizhou: Production base / R&D center / Purchasing center Marketing & Technical Support: Shenzhen, Shanghai, Beijing and Taiwan etc. USA New York, Los Angeles, Chicago. Europe UK, France, Germany, Italy, Sweden. Asia Pacific Japan, Korea, India, Singapore. 23

24 Truly Advantages Stable Workforce & High Quality Long-term Supply & Stable Finance Truly Advantages One-Stop Service & Multiple Products Mass Customization Fast Delivery & Response 24

25 Thank You!