BOE HC SemiTek Corporation

BOE HC SemiTek Corporation is a leading global supplier of LED chips and advanced semiconductor solutions, primarily engaged in the research, development, production, and sales of LED chips, LED epitaxial wafers, sapphire substrates, and GaN power electronic devices. The company was established to leverage its technological expertise in the manufacturing of third-generation semiconductor compounds, providing innovative products for various applications in the electronics industry. The company's main business lines include general LED lighting, traditional LED backlighting, high-end LED displays, and Mini/Micro LED technologies. BOE HC SemiTek has established a strong market position through its continuous technological advancements and collaborations with key industry players. Its Mini LED products have been widely adopted in consumer electronics, while the Micro LED sector is expanding with new manufacturing capabilities. The company emphasizes R&D investment and has built an internationally competitive technical team, enabling it to maintain a leading position in multiple segments and cater to diverse customer needs across the global market.

1、Industry-Leading Technological Innovation Strength and Internationally Competitive Technical Team The Company adheres to technology leadership and innovation-driven development, continuously increases R&D investment, strengthens forward-looking technology layout and product development, achieves product competitiveness through technological innovation, and vigorously promotes the building of its technical team, forming an internationally competitive R&D team. The core members of the team consist of numerous returnee doctors, experts from Taiwan, China, and senior industry professionals with profound compound semiconductor expertise and extensive industrial experience. Core technical personnel have long been engaged in R&D in related fields at renowned universities and leading LED enterprises at home and abroad, possessing internationally advanced capabilities in basic research, product development and application. The Company has established a Technical Expert Committee covering various fields of its operations, focusing on the iteration and upgrading of existing mass-production technologies, as well as in-depth development and mass-production breakthroughs in future forward-looking technologies such as Micro LED. Meanwhile, the Company fully leverages its industrial chain integration advantages to achieve full-process technology connectivity and comprehensive technological advancement from substrate wafers, PSS, epitaxy to chip manufacturing. 2、Remarkable Scale Advantages and Excellent Lean Management Capabilities Currently, the Company ranks among the first-tier players in the LED chip industry, with leading advantages in production capacity scale, capital strength, customer resources and brand awareness. Relying on its advanced technologies and stable product quality, the Company has become a chip supplier to mainstream LED packaging and application enterprises at home and abroad, earning wide recognition and trust from customers. The Company actively optimizes the product structure of its production lines, promotes the implementation of capacity expansion plans, and builds large-scale production lines for cutting-edge products such as Micro LED. It coordinates and optimizes the LED industrial chain layout from substrate, PSS and epitaxy to chips, continuously expanding its scale advantages and adding nearly 100 high-margin product models. Incorporating BOE’s advanced manufacturing management philosophy, the Company has gradually implemented hardware upgrades and management optimization measures in production line layout, capacity utilization improvement, automation upgrading, yield enhancement, raw material cost reduction and labor efficiency improvement. As a result, factory production capacity has steadily increased and unit manufacturing costs have decreased significantly. The Company has further deepened its production-supply-marketing coordination mechanism and product introduction mechanism, accelerating customer-oriented chip development and ensuring stable supply to customers. 3、Leading Positions in Multiple Segments, High-Quality Customer and Supply Chain Resources Since its establishment, the Company has focused on the R&D, production and sales of LED chips, adhered to a customer-centric approach and provided customers with comprehensive chip-level solutions. Its LED chip products are widely used in consumer electronics such as televisions, computers and mobile phones, indoor and outdoor displays, ultra-high-definition displays, automotive lamps, various lighting applications, UV and IR markets, achieving industry-leading positions in multiple segments. The Company’s segmented product portfolios cover both general-purpose products to meet mainstream market demand and customized solutions to satisfy tailored requirements, with its market share and ranking steadily rising. Through in-depth cooperation with industrial chain partners, the Company has accumulated high-quality customer relationships and premium supply chain resources. Upholding a customer-oriented philosophy, the Company consistently focuses on customer needs and creates value for customers, while promoting industrial development through long-term technological innovation. It has gained recognition and trust from numerous highly synergistic key customers, forming win-win strategic partnerships. The Company maintains friendly and long-term in-depth cooperation with suppliers, continuously strengthens supply chain management, enhances supply chain resilience, and establishes a sound upstream and downstream ecosystem. Together, the Company and its partners provide customers with integrated chip-level solutions, enabling innovation collaboration and value co-creation. 4、Optimized Quality System to Build a Strong Product Quality Moat During the reporting period, the Company strictly implemented its quality policy, quality objectives and procedural documents, and persisted in continuous improvement based on actual operation. It has continuously upgraded and improved its quality management system from three aspects: optimization of systematic standard processes, improvement of production process quality control, and enhancement of product evaluation and verification, with a particular focus on the production and application of high-reliability products such as automotive-grade chips, thus forging a solid quality moat for its products. To further strengthen customer service, the Company has systematically sorted out and improved the quality complaint handling process. From capturing customer issues, dispatching teams to the site promptly to provide temporary solutions, conducting root cause analysis and issuing improvement plans, to verifying effectiveness to ensure problem resolution, all professional teams participate collaboratively, improving the efficiency of full-process quality issue handling. 5、Patents As of December 31, 2025, BOE HC Semitek and its subsidiaries held a total of 1,991 patents and software copyrights, including 1,202 granted ones and 789 under examination. Five invention patents have been awarded the China Patent Excellence Award.