The 2022 annual report disclosed by Baoming Technology on the evening of April 27 shows that in 2022, with the decline in global smartphone shipments and the replacement of OLED technology, the company’s mobile phone backlight revenue continued to decline. Special display backlight and glass deep processing business continued to grow.
During the reporting period, the company adopted management measures to reduce costs and increase efficiency, and its profitability improved. At the same time, the company is actively deploying the new energy battery material composite copper foil industry, and the development strategy has been further implemented, showing a positive development trend.
Ganzhou PET composite copper foil phase I project will realise mass-production in the second quarter.
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