Shenzhen Baoming Technology Co.,Ltd. (002992.SZ) engages in the research, development, design, production, and sale of flat panel display devices and new energy lithium battery materials in China. The company offers LED backlight modules, including small-to-medium size and mini LED backlights; capacitive touch screens; and lithium battery composite copper foils for power batteries, energy storage batteries, and consumer batteries, with applications in smartphones, tablets, digital cameras, vehicle displays, medical displays, industrial displays, and other fields. It exports products internationally and operates primarily from its base in Huizhou, China, where it was founded in 2006. In recent developments, Shenzhen Baoming Technology Co.,Ltd. provided CNY 70 million in funding to its subsidiary Shenzhen Baoming New Materials Technology Co.,Ltd. to support expansion in lithium battery materials; the company forecasts a reduced net loss for 2024 compared to prior years, ranging from CNY 75 million to 95 million; and it terminated a previously announced 6.2 billion yuan project while shifting strategies in composite copper foil production routes involving PP and PET materials.