Liyade: Will further promote the construction of Saudi factories, expected to cover the Asia, Africa and Middle East regions after starting production in July.

date
26/04/2026
Mr. Liyade stated at the performance briefing on April 24 that the company's overseas display business achieved revenue of 3.267 billion yuan in 2025, accounting for approximately 55% of the display business revenue, exceeding the domestic business for the first time in scale. The main growth point in the overseas market is in the United States. Compared to competitors in the Asian, African, and Latin American markets, the company's layout is relatively late, and current growth is not as expected, especially affected by individual large projects, leading to overall growth in the region being less than ideal. Based on the current situation, the company will further push forward the construction of the Saudi factory, which is expected to start production in July and cover the Asia, Africa, and Middle East regions, improving product cost-effectiveness and localization service capabilities; the existing factory in Slovakia mainly serves the European and American markets.