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There is a company, which is the domestic leader in large-sized capacitive touch screens, possessing the only mass-produced 5 th generation touch screen production line in the country, occupying a leading position in the global notebook computer touch screen sub-market.
Benefiting from Microsoft’s Copilot + PC ecosystem and the domestic Xinchuang replacement promotion, the AI PC market is ushering in development opportunities. The company is the exclusive supplier of Huawei HarmonyOS PC touch screens.
In addition, the company’s revenue from automotive cover glass in 2024 is expected to reach 256 million yuan, a year-on-year increase of 74%, with products covering leading automotive companies such as Tesla and BYD. The proportion of high-value-added products such as dual-screen and 3D curved screens is increasing, leading to a rise in average prices.
As the global penetration rate of new energy vehicles exceeds 35%, the trend towards larger and multiple screens in automotive touch screens is clear, and the company’s automotive touch screen business is expected to continue to grow rapidly.
Today, the company we are sharing is— Laibo Gaoke, 002106
In the first half of 2025, the company achieved total operating revenue of 3.145 billion yuan, a year-on-year increase of 7.06%, with a net profit of 182 million yuan, a year-on-year decrease of 13.78%.
The company continues to focus on technological innovation and R&D investment. In the first half of 2025, the company invested 149 million yuan, a year-on-year increase of 17.64%.
On September 16, 2025, the company obtained an invention patent authorization, titled “A Conductive Structure and Its Preparation Method, Touch Panel and Display Device”. This year, Laibo Gaoke has obtained 5 new patent authorizations.
Driving Logic:
First, the blue ocean space of electronic paper is vast
MED products are mainly positioned in the medium to large-sized color electronic paper market, applied in various eye-protecting, energy-saving, paper-like display terminal fields such as mid-to-high-end electronic labels, color electronic backpacks, color e-book readers, electronic paper tablets, extended displays, eye-protecting displays, and electronic bus stop signs.
According to predictions released by market research firm Luotu Technology, it is expected that by 2025, the global electronic paper display overall terminal market size will reach 72.3 billion USD, with an average annual compound growth rate of over 50%.
In the electronic paper tablet market, in 2022, the global electronic paper tablet shipment volume was 11.02 million units, and it is expected that by 2026, it will exceed 50 million units, with an average annual compound growth rate of over 60%.
With the continuous deterioration of myopia among adolescents, electronic paper display products are expected to usher in rapid development opportunities in the education sector, with an estimated global annual demand for color electronic paper books exceeding 50 million units.
Second, traditional advantageous businesses dominate the market for laptop touch screens and automotive displays
Laibo Gaoke occupies a dominant position in the laptop touch screen market, with business revenue accounting for over 85%. The global laptop market is gradually recovering, and it is expected that by 2025, global laptop shipments will reach 183 million units, a year-on-year increase of 4.9%.
In the automotive touch screen business segment, the company is also actively laying out, with direct customers being first-tier automotive assembly manufacturers, and through these customers, products are delivered to automotive manufacturers after assembly.
Applications include traditional fuel vehicles and new energy vehicles such as Xiaopeng and Ideal.
To summarize, the MED project will greatly enhance the company’s core competitiveness, broaden the international market for the company’s products, and continuously cultivate new business and profit growth points.
With the realization of small-batch production and sales of MED products in the second half of 2025, Laibo Gaoke is expected to seize the opportunity in the vast blue ocean market of electronic paper and become a leading enterprise in the global medium to large-sized color electronic paper sub-industry.
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