Breaking Down Fujian Tianma Science and Technology Group Co., Ltd Financial Health: Key Insights for Investors

As Shenzhen-listed 603668.SS Fujian Tianma Science and Technology Group Co., Ltd., founded in 1987, accelerates its journey to 'Keep the World Running Smoothly,' the company leverages a diversified portfolio spanning 2nd to 6th generation TFT‑LCD and AMOLED production lines, targets a customer satisfaction rate above >90%, and has earmarked roughly ¥5 billion for new facilities and upgrades to scale OLED and MiniLED innovation across sectors from wind power and rail transit to new energy vehicles and industrial machinery while maintaining ISO9001, IATF16949 and ISO14001 certifications and a corporate culture rooted in innovation, quality, sustainability, customer focus, collaboration, integrity and accountability.

Fujian Tianma Science and Technology Group Co., Ltd (603668.SS) - Intro

• Establishment: 1987 - over three decades of continuous industry presence.
• Product scope: Small- to medium-sized TFT-LCD, flexible and rigid AMOLED panels, modules and display subsystems.
• Production capability: Operates multiple 2nd-6th generation TFT-LCD fabs plus AMOLED capacity targeted at smartphones, automotive and industrial displays.
• Certifications: ISO9001, IATF16949, ISO14001 certifying quality, automotive-grade process capabilities and environmental management.

• Target sectors: automotive (new energy vehicles), rail transit, wind power control systems, industrial machinery, medical devices, consumer electronics and IoT.
• Value propositions: high-reliability displays for harsh environments, automotive-grade AMOLED/TFT solutions, and vertically integrated panel-to-module capabilities.
• Technology emphasis: investment in LTPS, Oxide, flexible AMOLED, high-brightness and high-durability panels for outdoor and industrial use.

• R&D orientation: material engineering, backplane/process innovation, AMOLED encapsulation and automotive functional safety adaptations.
• Investment discipline: sustained multi-year CAPEX to expand AMOLED and advanced TFT capacity and to upgrade 4.5-6th generation lines for mid/large format markets.

• Mission: To enable smarter visual experiences by delivering reliable, high-performance display solutions across industries, from consumer electronics to critical industrial and automotive systems.
• Vision: To be a globally recognized leader in advanced display technologies, driving innovation in AMOLED and high-reliability TFT solutions while advancing sustainable manufacturing and circularity.
• Core values:
  • Innovation - continuous R&D to lead display material and process breakthroughs.
  • Quality - automotive and industrial-grade standards embedded across product lifecycles.
  • Sustainability - environmental management and resource-efficient production (ISO14001-aligned).
  • Customer-centricity - tailored solutions for vertical markets (automotive, rail, energy, industrial).
  • Collaboration - strategic partnerships across supply chain and OEM ecosystems.

• Global sales footprint with major OEM/ODM customers in China, Asia, Europe and select Americas accounts.
• Product adoption: instrument panels and cluster displays for NEVs, HMI screens for rail transit and industrial control, and rugged displays for renewable energy installations.

• Capital allocation priorities: balance CAPEX for AMOLED capacity expansion with margin improvement and R&D productivity; monitor mix shift to higher-value automotive and flexible-display products.

Fujian Tianma Science and Technology Group Co., Ltd (603668.SS) - Overview

• Keep the World Running Smoothly - deliver high-quality display solutions that enhance user experience and product reliability across consumer electronics, automotive, industrial and medical applications.
• Continuous improvement and sustainability - integrate energy-efficient production, circular-material sourcing and waste-reduction programs to lower lifecycle environmental impact.
• Tech-forward R&D focus - prioritize next-generation displays (OLED, MiniLED, flexible and microLED) with sustained investment in materials, backplane, and packaging technologies.
• Customer-centric operations - target a customer satisfaction rate >90% backed by expanded after-sales service, warranty programs and global support channels.
• Strategic capital allocation - commit significant capex to expand capacity and upgrade lines; approximately ¥5 billion has been allocated for new facility construction and upgrades to meet rising demand.

• Be a global leader in advanced display solutions, combining high yield manufacturing with product innovation for smart devices and automotive applications.
• Create smarter, greener displays that reduce energy consumption for end-users and lower carbon intensity across the value chain.
• Scale next-gen product lines (OLED, MiniLED) to capture mid- to high-end segments while maintaining competitive cost structures in mainstream TFT-LCD markets.

• Innovation - sustained R&D commitment to materials science, process engineering and system-level display integration.
• Quality - stringent process control and end-to-end testing to ensure reliability for demanding environments (automotive, industrial, medical).
• Responsibility - adherence to corporate social responsibility, worker safety, and reduction of environmental footprint in manufacturing.
• Customer Focus - responsiveness, customization capability and robust after-sales support to maintain long-term client relationships.
• Collaboration - partnerships across supply chain, research institutions and OEMs to accelerate commercialization of emerging display technologies.

• Prioritized projects: OLED process yield improvement, MiniLED mass-transfer cost reduction, flexible substrate reliability, low-power driving IC integration.
• Facilities investment (¥5bn) is earmarked to expand capacity for high-brightness MiniLED modules, flexible OLED pilot lines and automated assembly to raise yields and lower unit costs.
• Collaborative research: strategic partnerships with materials suppliers and universities to accelerate advanced OLED materials and micro-LED packaging solutions.

• Energy efficiency targets across fabs (process optimization, LED lighting, heat recovery), aiming to reduce per-panel carbon intensity year-on-year.
• Waste management and recycling programs for glass, chemical effluents and electronic waste from production lines.
• Supplier audits and green procurement standards to ensure upstream compliance with environmental and social governance criteria.

• Balanced portfolio: retain cost-competitive TFT-LCD lines while scaling OLED/MiniLED to capture higher-margin, premium segments.
• Global OEM engagement: supply chain integration and tailored solutions for automotive displays, industrial HMI and premium consumer devices.
• Performance KPIs: focus on yield improvement, time-to-market for new panel generations, and post-sales service responsiveness to sustain >90% satisfaction target.

Fujian Tianma Science and Technology Group Co., Ltd (603668.SS) - Mission Statement

• Deliver industry-leading display products across consumer electronics, automotive, industrial and medical segments.
• Maintain rigorous quality control and after-sales support to sustain customer satisfaction above 90%.
• Invest in smarter, greener manufacturing and product design to reduce environmental footprint and meet regulatory and market expectations.
• Foster an inclusive workplace that attracts, develops and retains talent respected by society and valued by employees.

• Global leadership in display innovation and technology adoption.
• Continuous improvement in product quality and user experience.
• Integration of sustainable practices across R&D, production and supply chain.
• Enhanced global competitiveness while fulfilling corporate social responsibility commitments.

• Innovation: persistent pursuit of breakthrough technologies and system-level integration.
• Quality: uncompromising standards across design, manufacturing and support.
• Sustainability: commitment to environmental stewardship and resource efficiency.
• Customer-centricity: prioritize user experience and comprehensive after-sales support.
• Integrity & Respect: transparent governance and fair treatment of employees, partners and communities.

Fujian Tianma Science and Technology Group Co., Ltd (603668.SS) - Vision Statement

• Innovation: Drive next-generation display technologies (AMOLED, LTPS, flexible and micro-LED) through sustained R&D investment and rapid commercialization.
• Quality: Maintain industry-leading yield, reliability and certification standards across product lines to serve OEMs in automotive, consumer electronics and industrial segments.
• Sustainability: Reduce carbon footprint, improve energy efficiency in fabs, and promote circular manufacturing and green supply chains.
• Customer focus: Co-develop tailored display modules and integrated solutions that exceed OEM specifications and accelerate time-to-market.
• Collaboration: Foster cross-functional teamwork internally and strategic partnerships with material, driver IC and equipment suppliers.
• Integrity & accountability: Uphold transparent governance, compliance with regulations and measurable ESG performance.

• Scale R&D: Maintain double-digit CAGR in R&D headcount and capital deployment for AMOLED, flexible and automotive-grade displays.
• Quality metrics: Target defect-per-million (DPM) improvements and process yield increases with quarterly KPIs reported to the board.
• Green operations: Implement photovoltaic, waste-heat recovery and low-energy furnaces in production lines to meet the 2030 energy intensity target.
• Customer-centric programs: Launch co-engineering centers and rapid-prototype services to reduce partner development cycles by 20-30%.
• Partner ecosystems: Expand supplier partnerships for key inputs (glass, OLED materials, driver ICs) and pursue strategic joint ventures for advanced fabs.
• Governance & ethics: Strengthen compliance, supplier audits and ESG disclosures to align with international investors and customers.