There is a good saying, first-class enterprises do standards, second-rate enterprises do brands, and third-rate enterprises do products. In other words, whoever can lead the technological development of the industry is the formulator of this industry standard. To this end, many enterprises want to make standards and enhance their core competitiveness.
At the 2023 Innovation Summit of "Innovation Gathering Energy and Co-chain Future" jointly organized by the Economic Observer and Jingguan Media, Guangfeng Technology won the "Outstanding Technology Application Innovation Enterprise" award for its innovative application of semiconductor laser light source technology in automotive optics.
Guangfeng Technology won the award of "Outstanding Technology Application Innovation Enterprise".
As the world's leading enterprise in the field of laser display technology, Guangfeng Technology has independently developed ALPD semiconductor laser light source technology, which has been applied in cinema projection, professional display, home projection and other fields, and has achieved industrial application. In recent years, Guangfeng Technology has also successfully entered the on-board optical track, expanding new scenarios such as aviation display, AR, and intelligent robots, pioneering innovative applications for the industry, and providing more comprehensive laser technology solutions for global customers.
In the field of on-board optics, Guangfeng Technology has launched a variety of solutions focusing on the three application directions of AR-HUD, laser headlights and on-board displays, and has cooperated with leading car companies or first-class manufacturers to become a leader in these fields. In the third quarter of this year, Guangfeng Technology received a fixed-point notice for development and became the leading supplier of Huayu Vision's on-board optical solutions, marking a new breakthrough in the field of AR-HUD and providing drivers and passengers with a better assisted driving experience.
From cinema projection to the field of vehicle optics, Guangfeng Technology, which has a number of independent research and development core technologies, has become an enterprise leading the development of the industry. In terms of ALPD semiconductor laser light source technology, this is currently the only laser display and lighting technology that meets the automotive specifications, and the core devices of this technology, optical machine and PGU, have the advantage of maintaining stable operation in the high-temperature working environment of the cockpit. In addition, Guangfeng Technology's creative side window fusion display application and the world's first automotive-grade color laser headlights have been successfully unveiled at CES 2023 and Auto Shanghai, and have received wide attention from the industry.
As of September 30, 2023, the company has more than 190 patents authorized and applied for in automotive optical technology alone, a year-on-year increase of nearly 40%.
At the Guangzhou Auto Show not long ago, the intelligent and differentiated competition between automobile brands has intensified, and at the same time, overseas markets continue to usher in breakthroughs, and "the world's first automobile export" has become a foregone conclusion. In the fierce industry competition, it is one of the excellent solutions to break through by strengthening the information interaction between people and vehicles with innovative display and lighting technology. In other words, Guangfeng Technology's technical solutions will allow automobile manufacturers to form differentiated competitive advantages, which is also the core competitiveness of Guangfeng Technology. It is reported that in addition to Guangfeng Technology, a number of laser display companies have begun to lay out the field of on-board optics.
According to the report of the China Association of China, the market demand in the fourth quarter will continue to grow due to the continuous accumulation of the policy effect of the country's stable economic growth, coupled with the continuation of local car purchase subsidies and activities and the tail-end effect at the end of the year. Experts**, domestic car sales will hit a record high this year, and are expected to exceed 30 million. With the great strides of the automobile industry, the laser display industry under the leadership of Guangfeng Technology has also ushered in a new growth point and promoted the high-quality development of the industry. Once the industry is scaled, Guangfeng Technology will become a leader in leading industry standards.