Revenue Increased by 6.8% Year-on-Year to RMB2.55 billion

Overall Sales Volume for a SingleMonth in September and the Third Quarter

Up by 57.3% and 19.0% Year-on-Year Respectively

HONG KONG, CHINA - MediaOutReach - 25 October 2018 - China Display Optoelectronics Technology HoldingsLimited ("Ch Display Opt" or the "Company", together with its subsidiaries,the "Group"; HKSE stock code: 334)is pleased to announce its unaudited financial andoperating data for the nine months ended 30 September 2018 (the "Period").

During the Period, the Group'srevenue amounted to RMB2.55 billion, representing a year-on-year increase of6.8%; and the sales volume was 32.6 million units, representing a year-on-yeardecrease of 3.9%. In September 2018, the Group passed the qualificationrequirements of a world-leading smartphone manufacturer to produce its moduleproducts, which has driven a year-on-year increase of 57.3% and 19.0% inoverall sales volume for a single month in September and for the third quarter,respectively. As a result, the proportion of the Group's sales volume oflaminated products increased significantly to 63.4% and the overall unitselling price of products increased by 11.1% to RMB78. In the meantime, as theGroup constantly optimized its product mix, the revenue generated fromlaminated LCD module products amounted to RMB2.03 billion, representing ayear-on-year increase of 36.9%; while the revenue generated from non-laminatedLCD module products amounted to RMB520 million, representing a year-on-yeardecrease of 42.5%.

During the Period, full-screen products are still the main focus of themarket. In view of this, the Group, together with its parent, Shenzhen China StarOptoelectronics Technology Co., Ltd. (深圳市華星光電技術有限公司), and its subsidiaries(collectively, "CSOT"), jointly developed various mid and high-end full-screen notch-cutting module products(including LTPS and In-cell/On-cell products), so that the product mix wasthereby further optimized and the proportion of the sales volume of mid and high-end productsincreased steadily. During the Period, the Group's full-screen products accounted forapproximately 47.0% of the overall sales volume and the proportion of the sales volume of LTPSproducts increased from 38.1% for the first half of 2018 to 49.5%.

The Group has been striving to form a one-stop operation model of paneland module with CSOT. In September 2018, the Group and CSOT established cooperation with awell-known phone brand, indicating that the strategy deployed by the Group and CSOT toharness synergy and acquire new customers has obtained outstanding results. The Group willcontinue to focus on enhancing the synergistic benefits with CSOT, and utilizethe network of CSOT to build business relationships with more first-tier customers and expand the baseof brand customers, as well as leveraging on CSOT's advancing panel productiontechniques and gradually stabilized panel resources to increase the sales proportion ofhigh-end products such as LTPS, In-cell and full-screen products, and continuously optimize theproduct mix at a time when the industry is undergoing consolidation.

TheManagement of Ch DisplayOpt said,"Although the operating environment in 2018 is relatively challenging, theGroup believesthat opportunities lie within the challenges. As the industrial peak seasonapproaches, throughimplementation of a series of adjustment measures by the Group and thecooperation formedwith new customers, sales have significantly improved and the sales volume and gross profit margin have graduallyincreased. For the long run, the Group remains cautiously optimistic about thedevelopment prospect of thedisplay module business. Given the smooth progress of the sixth generationflexible LTPS-AMOLED displaypanel production line project of CSOT, it is expected to commence mass production in the first halfof 2019. The Group has jointly established a professional research and development team withCSOT as well, which has been developing LTPS and active-matrix organic light-emitting diode("AMOLED") module product technology in order to lay a solid foundation for the futureoperation development and create greater value for the Group andits shareholders."

The Group's revenue byproduct segment and their respective year-on-year changes during the Period areas follows:

TheGroup's sales volume by product segment and their respective year-on-yearchanges during the Period are as follows:

About ChinaDisplay Optoelectronics Technology (334.HK)

Headquartered in China, ChinaDisplay Optoelectronics Technology Holdings Limited (HKSE stock code: 334) isone of the major providers of small-to-medium-sized display modules in theregion. Ch Display Opt engages primarily in the research and development,manufacturing, sales and distribution of LCD modules mainly for handheld mobiledevices on an ODM basis. Smartphone LCD module products of Ch Display Opt arewelcomed by domestic and overseas manufacturers with sales volume ranking amongthe top.