InfoVision Optoelectronics(Kunshan)Co.,Ltd (Abbreviations:IVO,Code:688055) was established on July 12,2005,the first state-owned holding company listed on the SSE STAR Market in Jiangsu Province on August 17,2020,and a famous LCD panel manufacturer in China.IVO is located in the national Kunshan Economic and Technological Development Zone Optoelectronics Industry Park,mainly engaged in the R&D,production and sales of thin film transistor-liquid crystal displays (TFT-LCD).The products are mainly used in terminal products such as laptop,mobile phones,vehicle,industrial control and intelligent interconnection display systems.
As one of the first batch of domestic enterprises to invest in the construction of TFT-LCD production line,IVO has continued to explore the small and medium-sized display field,focusing on the consumer display market represented by laptop and mobile phone,and actively layout the professional display market represented by vehicle and industrial system.In 2020,the company ranked the 6th in the world in terms of laptop panel, 8th in smartphone panel and 8th in vehicle display panel according to third party information.
IVO has vigorously implemented the strategy of innovation-driven development,stick to the technology path with original innovation,integrated innovation,digestion and absorption to create new,and successively established a number of research and technology platforms, such as the National Enterprise Technology Center,the National Postdoctoral Research Station,and the Jiangsu (IVO) Flat Panel Display Technology Research Institute.
IVO has independently developed advanced technologies,such as HVA wide narrow perspective anti peeping technology,metal grid on cell touch technology, realized the effective transformation of scientific and technological achievements to increase the added value of products ,formed a differentiated competitive advantage.By the end of 2020, IVO has obtained more than 2,000 authorized patents,including 688 invention patents.
With strong sci-tech strength,excellent product quality,and professional service support,IVO is committed to providing global customers with diversified,professional,high-quality and cost-effective display solutions,and is moving forward to become the leading brand in China's LCD industry.
| Full name | InfoVision Optoelectronics(Kunshan)Co.,Ltd. |
|---|---|
| Abbreviations | IVO |
| Code | 688055 |
| Founded | 12th July 2005 |
| Listing | 17th August 2020 |
| Domicile | Kunshan city, Jiangsu Province |
| Website | www.ivo.com.cn |
| Ltdmb@ivo.com.cn | |
| STAR Theme | New Generation IT |
| CSRC Sector | Manufacturing-Computer, communication and other electronic equipment manufacturing industry |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 0.08 | 0.08 | 0.10 |
| R&D expenditure as a % of operating revenue | 6.05% | 6.78% | 6.16% |
| Operating Revenue | 4,382.57 | 3,848.62 | 3,725.28 |
| Net Income | 262.06 | 245.10 | 288.68 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 4,382.57 | 3,848.62 | 3,725.28 |
| Operating Costs | 3,443.63 | 3,192.94 | 2,844.70 |
| Operating Income | 282.85 | 253.30 | 311.60 |
| Pretax Income | 287.61 | 258.04 | 321.56 |
| Income Tax | 25.54 | 12.94 | 32.88 |
| Net Income | 262.06 | 245.10 | 288.68 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 2,264.07 | 1,782.57 | 3,488.00 |
| Non-current Assets-Total | 3,400.32 | 3,367.12 | 3,494.57 |
| Total Assets | 5,664.39 | 5,149.69 | 6,982.57 |
| Liabilities | |||
| Current Liabilities-Total | 1,883.82 | 1,993.19 | 4,078.30 |
| Non-current Liabilities-Total | 28.12 | 21.42 | 14.22 |
| Total Liabilities | 1,911.94 | 2,014.61 | 4,092.52 |
| Stockholder's Equity | |||
| Share Capital | 3,395.34 | 3,040.28 | 6,154.53 |
| Retained Profits | 357.12 | 94.80 | -3,264.48 |
| Total Owners' Equity | 3,752.45 | 3,135.08 | 2,890.05 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 288.77 | 577.79 | 635.35 |
| Net Cash Flows-Investing | -187.32 | 1,202.74 | -1,083.83 |
| Net Cash Flows-Financing | 132.55 | -1,799.23 | 551.12 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| Kunshan Guochuang Investment Group Co., Ltd. | 1,530.00 | 45.90% |
| InfoVision Optoelectronics Holdings Limited | 1,470.00 | 44.10% |
| Soochow securities – IVO employees participate in the strategic placement collective asset management plan | 33.33 | 1.00% |
| Soochow Venture Capital Co., Ltd. | 13.45 | 0.40% |
| 张兰兰 | 1.30 | 0.04% |
| 许丹辉 | 1.05 | 0.03% |
| 陈丽华 | 1.02 | 0.03% |
| 钟优汉 | 0.96 | 0.03% |
| 张奎成 | 0.93 | 0.03% |
| 佟欣 | 0.91 | 0.03% |
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