001308KTC TechnologySZSE

Shenzhen KTC Technology Co., Ltd.

康冠科技

001308

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryComputers, Communication Equipment, and Other Electronic Equipment Manufacturing
ISINCNE100005857
ListedMarch 18, 2022
Websitewww.ktc.cn
IR Emaildmbsh@ktc.cn
Phone0755-33001308
Address1-5F, Building No. 1, No. 4023, Wuhe Avenue, Gangtou Community, Bantian Subdistrict, Longgang District, Shenzhen, Guangdong

Company Profile

The company's main business is the research and development, design, production and sales of intelligent display products, and its main products include intelligent interactive flat panels, innovative display products, professional display products and intelligent TVs. The company has been engaged in the intelligent display industry for 30 years, always focusing on the research and development, design and manufacturing in the field of intelligent display, is one of the earliest manufacturers dedicated to intelligent display terminal products in China, and has grown to become one of the leading enterprises in this field. Since 2014, the company has maintained an operating scale of more than 5 billion yuan for 11 consecutive years and has been growing steadily year by year, and its revenue has exceeded 10 billion yuan since 2021, and its net profit in the past three years has been 1.516 billion yuan、1.283 billion yuan and 833 million yuan respectively. According to the statistics of DISCIEN, in 2023, the shipment volume of the company's intelligent interactive flat panel ranked first in the world among manufacturing suppliers; according to the statistics of RUNTO, in 2023, the shipment volume of the company's intelligent TV ranked fifth in the world among manufacturing suppliers; according to the statistics of AVC REVO, in 2023, the shipment volume of the company's own brand “Smart TV” ranked fifth in the world; according to the statistics of AVC REVO, in 2023, the shipment volume of the company's own brand “Smart TV” ranked first in the world among manufacturing suppliers. According to AVC REVO, in FY2023, the Company's own brand “KTC” monitors ranked seventh in sales in the domestic online retail market and fourth in the gaming market; according to RUNTO, in FY2023, the Company's own brand Horion ranked second in the share of the domestic commercial flat panel market. The company has successively been honored with the titles of "National Manufacturing Single Champion Enterprise," "National Green Factory," "Demonstration of Integrated Development of New Generation Information Technology and Manufacturing Industry of MIIT," "National Quality Improvement Case of Industry and Information Technology," "Smart Manufacturing Capability Maturity Level 3," "National Specialized, Fined, and Innovative 'Little Giant' Enterprise" (2 enterprises), "National Green Design Demonstration Enterprise for Industrial Products," "Top 100 Enterprises in China's Electronic Information Industry," "Top 10 Chinese TV Export Enterprises," "China Customs Advanced Certification Enterprise," "Forbes China's 200 Most Promising Enterprises," "Top 500 Chinese Private Manufacturing Enterprises," "Top 500 Chinese Private Enterprises in Foreign Trade," "Guangdong Province Manufacturing Single Champion Product Enterprise," "Guangdong Province Typical Application Case of Ultra-high-definition Video," "Guangdong Province Intelligent Flat Panel Display Engineering Technology Research Center," "Guangdong Province Engineering Technology Research Center for Ultra-high-definition LCD Backlight Module," "Guangdong Province Industrial Design Center," "Top 100 Private Manufacturing Enterprises in Guangdong Province," and "Shenzhen Specialized, Fined, and Innovative Small and Medium-sized Enterprises" (4 enterprises). The company's products have won awards such as "National Green Design Product," "Germany Red Dot Award," "Germany IF Design Award," "Japan G-mark Design Award," "Governor's Cup Industrial Design Competition First Prize in the New Generation Information Technology Special Concept Group," "Governor's Cup Best Innovation Award, Best Technology Award" and "Guangdong Province Famous High-tech Products." The company enjoys a high reputation in the industry. Between 2022 and 2023, the company intensified its efforts to innovate and develop new product categories, supporting the growth of its three proprietary brands: "KTC," "Horion," and "FPD." These three brands represent the company's strategic emphasis on proprietary brands in the field of innovative display products. Under the "KTC" brand, the product line includes the KTC Freestyle Screen, e-sports monitors, projectors, and more. In 2023, the KTC brand achieved significant progress overseas, with brand heat trend growth exceeding 10 times, achieving exposure levels of over ten million and social media interaction rates that exceed the average by 50%. Beyond operating on online platforms, the KTC brand has also engaged with consumers face-to-face through offline exhibitions, from the CES in the United States, ChinaJoy in Shanghai, Gamescom in Germany, to the Tokyo Game Show in Japan, and GITEX in Dubai, promoting in-depth exchanges with global users at close range. The "Horion" brand offers a diverse range of products including super conference tablets, smart podiums, live broadcast all-in-one machines, and smart display screens, which can be widely used in various fields such as government, enterprise, education, and healthcare. Horion has set up independently operating "Horion offices" in multiple locations worldwide, and its products are sold in more than 30 countries and regions. The "FPD" brand's main products include smart beauty mirrors, smart display screens, VR glasses - the Lingjing series, floating OLED TVs - the Yi Jing series, and dual-screen devices. The smart beauty mirror, as a hit product, has been widely welcomed on social media. In terms of artistic TVs, FPD has launched several smart TVs, including floating OLED and dual-screen options, continuously meeting customer needs. After years of technological accumulation and experience, the company has developed the following competitive advantages: 1. Comprehensive Customization in Software and Hardware Development The company adheres to the concept of independent research and development. In terms of product design, driver systems, interactive systems, intelligent control boards, power boards, backlight display modules, and intelligent touch modules, the company insists on independent development and possesses its own intellectual property rights. 2. Flexible Manufacturing The company has a smart manufacturing center with approximately 520,000 square meters of proprietary rights in Shenzhen and Huizhou, equipped with 65 main production lines of various types. The company's flexible manufacturing capability benefits from its comprehensive customization in software and hardware development, effectively meeting the needs of small batch and multiple model orders from different regions around the world. 3. Differentiated Market Strategy and High-quality Customer Resources Based on the full-component customization in research and development, and taking the flexible service of small batches and customization as a breakthrough, the company has become a major supplier for well-known local brand enterprises in various regions through its own product cost control system. The company has established long-term cooperative relationships with local leading brand customers in the Asia-Pacific, Latin America, Africa, and other regions. 4. Global Layout The company's main customers are overseas. The company plans to establish multiple technical support and service centers globally, covering the EU, North America, Latin America, Africa, India, South Korea, Japan, and other major global smart display terminal markets. It has already established wholly-owned subsidiaries in Hong Kong, Taiwan, Seoul, Tokyo, California, Mexico City, Dubai and Warsaw. 5. Professional Talents The company places great importance on the construction of professional talents. By combining internal training with external introduction, the company constantly strengthens its talent team and a high-quality, cohesive, and collaborative professional talent team is built.

Full description

The main business of the company is the research and development, production, and sales of intelligent display products, including intelligent interactive tablets, intelligent televisions, professional display products, innovative display products, etc. Among them, intelligent interactive tablets are mainly used in fields such as education and office work; Smart TV is mainly used in fields such as home and entertainment; Professional display products are mainly used in fields such as esports, security, commercial displays, and healthcare; Innovative display products have a wide range of application scenarios, mainly including live streaming, sports and fitness, beauty, home entertainment, and other fields. The company has been engaged in the intelligent display industry for 30 years, and has maintained a business scale of over 5 billion yuan for 11 consecutive years since 2014, with stable growth year by year. Since 2021, the revenue has exceeded 10 billion yuan, and in 2022, the net profit has exceeded 1.5 billion yuan. After 30 years of accumulation and rapid development, the company has become one of the leading enterprises in the intelligent display industry. The company continuously promotes innovative development in intelligent interactive display products, adopting a dual development strategy of serving customers and building its own brand. While serving customers, the company has successively launched new display products such as MINILED and OLED esports displays, mobile heart screens, Haoli live streaming all-in-one machines, FPD Lingjing VR all-in-one machines, FPD double-sided screens, and FPD intelligent beauty mirrors from its own brand KTC, increasing the development of its own brand. Simultaneously utilizing e-commerce platforms to actively explore sales channels both domestically and internationally, gradually expanding sales of private brand products.

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