On July 19th, Gelong Exchange (0710.HK) continued its strong market, rising sharply to 12%, trading at HK $10.56 again at a high level, and its share price rose 2.5 times in the past month, with a total market capitalization of HK $7.8 billion.
Jingdong Jingdian recently expected that the profit attributable to shareholders in the medium term will increase by no less than 400%, mainly due to the increase in the number of TFT display and touch screen display modules sold by the group to domestic customers.
Industry insiders said that the pick-up in car sales, especially the sharp increase in sales of new energy vehicles, led to a rise in the display screen business of BOE precision electric cars in the first half of this year. Macquarie reported that BOE Jingdian provides TFT panels for modules from BOE, and BOE Jingdian is the only distribution platform for BOE's automotive modules and system products. Since BOE became its major shareholder, the performance of BOE Jingdian has risen all the way.
