BOE Technology Group Co., Ltd.
京东方A
000725
Shenzhen Stock Exchange
Company Profile
1. Building a corporate value creation system of sustainable growth with clear strategy The Company relies on its three core advantages accumulated over years of deep industry cultivation, i.e., display technology, glass-based processing, and large-scale integrated intelligent manufacturing. By focusing on horizontal expansion of the technology chain and vertical extension of the value chain, we continuously explore and incubate emerging fields, gradually forming and perfecting the “1+4+N+Ecosystem” business development structure. In 2021, the Company, focusing on its strategic transformation towards the Internet of Things, proposed the “Empower IoT with Display” strategy to adapt to the development of the times and established it as a phased guideline. Based on a profound summary of our development history and an in-depth reflection on industry development patterns, the Company refined the evolution trajectory of the “N Growth Curves” for enterprise development and creatively proposed the strategic elevation theory of the “Nth Curve” in 2024. 2. Strengthening industry-leading market advantage under ecological diversity The Company adheres to a “market-oriented, international, and professional” development approach, and has established long-term and stable strategic partnerships with many well-known enterprises both domestically and internationally. We have gradually built a business network covering major regions globally, including Europe, America, Asia, and Africa, providing high-quality products and services to our customers. The Company has continued to consolidate its leading advantage, with shipments of LCD panels for the five major mainstream applications ranking first globally for several consecutive years, and shipments of flexible OLED devices maintaining growth. Meanwhile, the Company has continued to strengthen the construction of its industrial ecosystem. In 2025, the new 6th generation display device production line in Beijing and the second phase of the smart terminal project in Vietnam achieved mass production. The first product from the 8.6th generation AMOLED production line in Chengdu was released ahead of schedule. The Beijing Fangshan Life Science Industrial Base was successfully opened, and the main structure of the Beijing BOE Hospital was topped out. The first materials research institute project commenced in Yantai, and the process line for the research and industrialization test line of glass-based packing substrates was completed. 3. Forging excellent technological leadership abilities on an innovation-driven basis The Company consistently adheres to innovation-driven principles, committed to leading industry development with cutting-edge technology. In terms of products and technologies, the 18'' naked-eye 3D notebook integrated proprietary AI technologies such as eye-tracking and dynamic interleaving, delivering an immersive sensory experience for users. The automotive sliding and rolling flexible OLED product, capable of freely switching display sizes between 31.6'' and 17.6'', won the CES 2025 Innovation Awards. The BOE Blue Whale Display Large Model received the CCF Science and Technology Progress Award, becoming the first systematic large-model application achievement in the display manufacturing field to receive this honor. 4. Building an efficient corporate operational system with lean management The Company has been strengthening its lean management and governance capabilities, adhering to precise resource investment to form an agile front office, an intensive middle office, and an efficient back office. We have vertically established an organizational operation support mechanism that integrates strategic management, process management, and performance management. We have continuously enhanced the interaction between the front, middle, and back offices, and consistently deepened the “three offices and three managements” platform-based organizational design. Relying on a business management model of “rigorous core governance and delegated authority for branches”, the Company established a scientific and efficient hierarchical authorization mechanism, defining the boundaries of operational authority for segmented businesses. Through an empowerment-oriented process management system, we fully support the business in building market-oriented agile response capabilities. 5. Inheriting the responsibility and mission as a technology enterprise under green guidance The Company continuously fulfills its social responsibilities by deeply integrating sustainable concepts into the entire value chain of low-carbon development. Through six pathways—“green management, green products, green manufacturing, green recycling, green investment, and green actions”—we promote the harmonious coexistence of industry and nature through our practices. Currently, the Company’s 18 display device production lines have all been awarded the title of “National-level Green Factory”. Among them, Wuhan BOE 10.5th generation TFT-LCD production line, as the Company’s first chlorine-free factory, was selected in 2025 as one of the first pilot-level smart factories nationwide. From technology innovation driving emission reduction to the replication of low-carbon models across the industry, BOE has continuously promoted the upgrading of the industry towards high-end, intelligent, and green development with “green + technology”.
Full description
In constant pursuit of excellence, BOE Technology Group Co., Ltd. is an innovative IoT company dedicated to providing intelligent interface products and professional services for information interaction and human health. With “To Be the Most Respected Company on Earth” as its vision and, BOE always keeps in mind the mission of “Change Life with BOE Display Everywhere”, upholds the core values of “Integrity & Reliability, Dedication to Customers, Being People-oriented, Openness and Innovation”, as well as adheres to the business philosophy of “Doing the Right Thing, Innovation and Progress Seeking”. It has been continuously strengthening the construction of its industrial ecosystem and enhancing its value creation capabilities. Upon decades of relentless efforts, BOE has grown into a world leader in the display industry and a global innovative company in the IoT sector. Adhering to a “market-oriented, international, and professional” development approach, it has built a significant number of intelligent manufacturing bases in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Ordos, Nanjing, etc., with subsidiaries across many countries and regions including the United States, Germany, Japan, South Korea, Singapore, India, Brazil, and the United Arab Emirates, as well as a business network that covers major regions of the world, such as Europe, Americas, Asia, and Africa. BOE aims to provide customers with better products and more thoughtful service experience with its well-established global network and a diverse product and service system. To adapt to an IoT era, BOE has put forward the development strategy of “Empower IoT with Display” in its IoT transformation. Taking into account market conditions and business characteristics, BOE has put in place a business development architecture of “1+4+N+Ecosystem” to ensure the execution and implementation of its strategies. Specifically: “1” represents display, which is the core capacity and quality resources accumulated by BOE, as well as the source and origin of the development strategy of “Empower IoT with Display”. “4” refers to IoT Innovation, Sensor, MLED, and Smart Engineering Medicine. These are the high-potential tracks chosen by BOE based on its core strengths and value chain extension, representing the development directions of the development strategy of “Empower IoT with Display”. “N” refers to the subdivided application scenarios of IoT that are continuously explored and cultivated by BOE, as well as the specific focus of the development strategy of “Empower IoT with Display”. “Ecosystem” is an enabling platform for the collaborative development of BOE’s innovative ecosystem and an important guarantee for the development strategy of “Empower IoT with Display”. 1. The Display Devices business The Display Devices business offers integrated design and manufacturing services for devices, and is committed to providing interface devices applying TFT-LCD, AMOLED and other technologies, focusing on providing customers with high-quality display devices for smartphones, tablet PCs, laptops, monitors, TVs, vehicles, etc. 2. The IoT Innovation business The IoT Innovation business offers integrated design and manufacturing services for system solutions, and provides customers with competitive smart terminal products for tablets, laptops, monitors, TVs, low-power devices, IoT, 3D display, etc. By integrating AI and big data capabilities, BOE provides innovative IoT products and services that combine software and hardware. 3. The Sensor business The Sensor business offers integrated design and manufacturing solutions, focuses on FPXD, smart display windows, industrial sensors, MEMS, and glass packaging substrates, and provides customers with products and services including back plates for flat panel X-ray detectors (FPXD), intelligent PDLC windows and PDLC system solutions, consumer electronics and industrial application solutions, and advanced packaging substrates, among others. 4. The MLED business The MLED business provides LED solutions with integrated R&D, manufacturing and marketing services. Focused on devices and solutions, this business renders LED backlight products with high quality and reliability for TVs, monitors, notebooks, vehicles, etc., as well as Mini/Micro-LED display products with high brightness, high reliability and high contrast for segment markets of outdoor, commercial, transparent, specialized and other displays. 5. The Smart Engineering Medicine business The Smart Engineering Medicine business adopts a professional service model to provide products, services and solutions in relation to medical care, smart nursing, medical-engineering integration, etc. Meanwhile, this business is committed to providing a closed loop of through-life health services with health management as the core, medical terminals as the traction, and digital hospitals and recreational communities as the support. It connects testing equipment, healthcare workers and customers through the smart health management ecosystem where customers enjoy professional health services including prevention, treatment, therapy and nursing. 6. The “N” business With a specific focus on the "N" business, the Company provides hardware and software integrated system solutions for different segments, including intelligent car networking, smart energy, industrial IoT, UHD display, etc., which can provide customers with multi-functional and smart new experience under IoT scenarios. In terms of intelligent car networking, BOE focuses on the intelligent cockpit "HERO" innovative application scenarios, joins hands with global partners to provide new experience of intelligent cockpit scenarios, and promotes the continuous upgrading of full-scenario intelligent solutions, representing a new leading ecosystem of innovative and intelligent travel. In terms of the smart energy business, BOE focuses on zero-carbon integrated energy services. With BES as the empowering platform, it revolves around various aspects of "source-grid-load-storage-carbon." It offers a zero-carbon implementation path of "source decarbonization, process decarbonization, end negative carbon, and intelligent carbon management," providing customers with comprehensive energy services and utilization, and zero-carbon solutions. In terms of the industrial IoT business, BOE is committed to providing industrial software, intelligent manufacturing solutions for the pan-semiconductor industry. Leveraging over three decades of industry experience, BOE offers pan-semiconductor industrial software, industrial AI, smart factory services, and other products and services, continuously driving high-quality development across the industry. The UHD display business adheres to the "UHD × digitalization" strategy, continuously promoting the wide application of UHD technology in fields such as smart government and enterprise services, finance, transportation, industrial parks, and visual arts. It is committed to embedding UHD into more scenarios, providing a better experience, achieving higher efficiency, and creating more value. It has independently designed and built the world's first 8K+5G+22.2 UHD 3D sound broadcasting vehicle, representing a pioneering breakthrough in the domestic 8K UHD complete production and broadcasting system.