Boe Varitronix Ltd · HKEX:710
Boe Varitronix — H1 2026 Earnings Presentation
21 slides from Boe Varitronix's earnings presentation, 2026
Slide 1: BOE Varitronix 2026 Interim Results Presentation
BOE Varitronix (00710.HK) 2026 Interim Results Presentation To b e the l e a d e r of i n te l l i g e n t a u tom oti ve d i spl a y s a n d sol u ti on s! 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by BOE Varitronix Limited (“BOEVx”). This presentation appears for information only and does not constitute an offer, invitation or recommendation to acquire, purchase or subscribe for any shares or other securities issued by BOEVx or any subsidiary and
Slide 3: Financial Review
VARITRONIX Financial Review Part One
Slide 4: 2026 Interim Financial Highlights
2026 Interim Financial Highlights Revenue Net Profit & Margin EBITDA & Margin [HK$M] *Excluding non-operating investment gain/loss impact *Excluding non-operating investment gain/loss impact [HK$M] 7,064 6% 183 | 2.6% 31% | 0.5pcts 353 | 5.0% 14% | 0.4pcts 2026H1 vs. 2025H1 2026H1 vs. 2025H1 2026H1
Slide 5: 2026 Interim Financial Summary
2026 Interim Financial Summar y Statement of profit or loss 2025H1 2026H1 Statement of financial position 2025 2026H1 Change For the six months ended 30 June 2026 % of % of Change As at 30 June 2026 [HK$M] revenue revenue Revenue 6,671 100.0% 7,064 100.0% 5.9% Cash resources [HK$M] 4,462 5,093 14.1%
Slide 6: Revenue Overview
Revenue Over view Deepening Core Advantages in Automotive Display Steady Progress in "Overseas 50" Strategy Resilient Growth in Automotive Display Revenue Substantial Expansion in Overseas Revenue Contribution (HK$M) Automotive Display Industrial Display America America Europe 23% 9% 7,064 Europe 18
Slide 7: Profit Overview
Profit Over view EBITDA Movement Analysis Char t (HK$M) +14% 353 308 Steadily enhanced operational Excluding one-off financial Sustained long-term strategic Lowered administrative expense efficiency by improving yield investment impacts, EBITDA investments in R&D, ratio through effective cost- rates
Slide 8: Industry Review
VARITRONIX Industry Review Part Two
Slide 9: Automotive Market Overview
Automotive Market Over view 2026H1 China Market: Steady Growth Amid Cost/Demand Pressures & Market Divergence Cost Pass-Through & End-Demand Pressure： Growth Momentum Shift & Export Breakthroughs: Rising Raw Material Costs & Slowing End-Market Demand NEVs Dominate Market; Globalization Accelerates D
Slide 10: Automotive Market Overview (Cont'd)
Automotive Market Over view (Cont’d) 2026H1 Overseas Market: EU NEV Surge; North America Lead in Hybrids, KR & India Electrify EU NEV Sales Maintain Strong Momentum NA Hybrids Drive Market Growth Divergent Trends: Ongoing Electrification Transition ✓ Favorable policy and high fuel prices ✓ US light
Slide 11: BOE Varitronix global automotive market position
BOE Varitronix global automotive market position #1 in global automotive display #1 in global medium- and large-size #1 in CSD shipments for 2 consecutive years, shipments and area for 3 consecutive (>8") automotive display shipments #1 in shipment area in 2025 and 2026Q1 years and area for 3 consec
Slide 12: Business Review & Outlook
Business Review & Outlook Part Three 12
Slide 13: Accelerating Premiumization Strategy
Accelerating Premiumization Strategy Tech & Market Leadership in Premium Segments Deepening "Display + System" Integration Product Mix Upgrade Boosting Content Per Vehicle & Customer Stickiness High-End Shipments: Targeting strong growth momentum for 2026 2026H1 Assembly New Project Wins: +~90% ✓ Se
Slide 14: From Global Expansion to Localized Supply Chain
From Global Expansion to Localized Supply Chain Integrating Global Resources to strengthen overseas capabilities Building a Flexible Localized Supply System Americas revenue growth Europe delivered strong YoY revenue growth in rebounded, driven by the ramp-up of 2026H1, driven by doubled YoY project
Slide 15: Significant Improvement in Operational Efficiency
Significant Improvement in Operational Efficiency Utilization Rate Yield Rate Heyuan & Chengdu plants seeing steady operational progress; Heyuan plant maintaining high yields; Vietnam plant scheduled for mass production by end-2025. Chengdu plant showing continuous improvement. Maintaining High Leve
Slide 16: AI-Powered, Dual-Engine Drive: Redefining the Value Ceiling of Smart Mobility
AI-Powered, Dual -Engine Drive : Redefining the Value Ceiling of Smar t Mobility Vehicle alue Various Volume Beyond Display Beyond Automotive Vision Specialization Marketization Internationalization Globalization Global Footprint Software-Hardware Synergy Precision Matching AI-Powered, Dual-Engine D
Slide 17: Committed to Long-Term Strategy: Dual Enhancement of Value and Returns
Committed to Long -Term Strategy: Delivering Dual Enhancement of Value and Returns Deepening Strategic Layout Strengthening Long-Term Co-Creation Firming Market Confidence Increasing Investment Normalized Buybacks and Dividends to Drive Enterprise Value Demonstrating Management Commitment to Enhance
Slide 18: ESG
VARITRONIX ESG Part Four ja rou We are One — Always! Best On Earth 18
Slide 19: ESG
ESG Society Environment Quality & Information Occupational Health Talent Development Employee Engagement Green Management System Recertification: Security & Safety & Cultivation & Open Communication ✓ In May 2026, the Chengdu plant passed the recertification audit of the ISO 14001 Environmental Chen
Slide 20: ESG (Cont'd) Governance
ESG (Cont’d) Governance BOE Technology Group Co., Ltd., whose shares are listed on the Shenzhen Stock Exchange, BOE Technology Group Co., Ltd. with the stock code for A shares being 000725 and the stock code for B shares being 200725, holds approximately 53% of the equity of BOE Varitronix Limited t
Slide 21: Q&A
QA & www.boevx.com Investor@boevx.com 21