1. LED movie screens have become a new blue ocean market. In June 2023, China Film Group released the "Technical Requirements and Measurement Methods for Cinema LED Display Screen Projection System" corporate standard. On November 27, the National Film Administration released my country's first digital movie LED cinema industry standard "Digital Movie LED Cinema Technical Requirements and Measurement Methods", which became the film industry standard and promoted the standardized and orderly development of my country's digital movie LED cinemas. Promotion and application of local LED movie projection systems.
2. The application structure of the LED display market has changed. Nearly 50% of LEDs are used in lighting, 16% in display screens, and 12% in landscapes.4. The small-pitch LED display market continues to grow. According to the "Quarterly Analysis Report on Small Pitch LED Display Market in Mainland China" released by Luotu Technology, in the third quarter of 2023, the shipment volume of the small pitch LED display market in Mainland China was 338.4 thousand square meters, a year-on-year increase of 7.8%.