Profit forecast: based on the one-stop service capability of "Touch display + fingerprint Identification + CNC Metal processing + fitting" built by the company after it is put into production, and the 3D glass technology reserve and high-quality customers based on the fitting process, it is optimistic that the company will enjoy hundreds of billions of market opportunities brought by the innovation of intelligent devices such as "OLED+3D Glass", automobiles, VR equipment and so on in the next 2-3 years. We forecast that the revenue in the next three years will be 51.08,78.73 and 9.663 billion yuan respectively, an increase of 31.48%, 54.14% and 22.73% respectively over the same period last year. The net profit belonging to the parent company will be 1.88,3.67 and 503 million yuan respectively, and 190.06%, 94.73% and 37.07% PE will be increased respectively over the same period last year. Give a "buy" rating.

Risk hint: market competition risk; performance commitment can not be realized risk; restructuring and integration risk