Enters the Brands’ Direct Supply Chain to Strengthen Long-term Development

HONG KONG, CHINA - Media OutReach - 30 January 2019 - China Display Optoelectronics Technology Holdings Limited ("Ch Display Opt" or the "Company",together with its subsidiaries, the "Group"; HKSE stock code: 334) has been striving todeepen its cooperation with Wuhan China Star OptoelectronicsTechnology Co., Ltd. ("Wuhan CSOT", 武漢華星光電技術有限公司), the fellow subsidiary of the Group,  so as to win first-tier brand customersthrough the one-stop business model that combines panel and module from bothparties. After the Groupmoved into the supply chain of brand customer Xiaomi with Wuhan CSOT in 2017, the Group has made satisfying progress in customerdevelopment. Together with Wuhan CSOT, the Group has built partnerships with a number offirst-tier brand customers, including Samsung, Huawei, Vivo and Oppo, and thusestablished a solid and strong customer base.

Accordingto All View Cloud, globalsmartphone shipments for the fourth quarter of 2018 remained basically levelyear-on-year with a slight increase. However, Wuhan CSOT benefited from thestrong growth in customer base and achieved an outstanding performance: its shipment volume of LTPS panel reached24.8 million units, ranking the third and the second worldwide and nationwide,respectively, with the fastest growth rate globally. Since Wuhan CSOT commenced the mass production of its 6thgeneration LTPS panel line in 2016, it has established stable and mutuallybeneficial partnerships with multiple well-known brand customers at home andabroad in just over two years.

The Group has been leveraging the momentum brought byWuhan CSOT to deepen the synergies generatedby the vertically integrated supply chain. In order to meet thecustomers' demand for smart products, theGroup has initiated active research and development of new productsand technologies to strengthen its core competitiveness. The Group is alsodedicated to exploring the feasibility of venturing into other new businesses,for example, making a foray into the Internet of Things ecosystem to develop avariety of display products, so as to lay a solid foundation for futureoperation development.

TheManagement of Ch DisplayOpt said, "Given that the market share in the global smartphone industry has becomeincreasingly concentrated, the Group will continue to strengthen its synergywith Wuhan CSOT by leveragingits progressively advanced panel production techniques and deepeningpartnerships with a large number of first-tier brand customers, in order topropel the long-term and stable development of the Group."

AboutChina Display OptoelectronicsTechnology (334.HK)

Headquartered in China, China DisplayOptoelectronics Technology Holdings Limited (HKSE stock code: 334) is one ofthe major providers of small-to-medium-sized display modules in the region. ChDisplay Opt engages primarily in the research and development, manufacturing,sales and distribution of LCD modules mainly for handheld mobile devices on anODM basis. Smartphone LCD module products of Ch Display Opt are welcomed bydomestic and overseas manufacturers with sales volume ranking among the top.

For moreinformation, please visit its website at www.cdoth8.com.