Truly Presentation 2016.Q1

Founded in 2013

G4.5 AMOLED ( rigid/flexible display )

G4.5 TFT(for automotive ,industrial & medical application)

Tru

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Tru

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Truly International Holdings Ltd.

Truly Semiconductors Ltd. Truly Opto-Electronics Ltd. Other Subsidiaries

Main Business: Small&Medium Size TFT, LCD , PMOLED

2

Group Structure

Founded in1978 in HK with a history of 38 years

Listed in HK Stock Exchange in 1991 (stock code:00732.HK)

Main Business: CTP, CCM , Optical Bonding,

Fingerprint Identification ,

Precision Glass

Truly(Huizhou) Smart Display Ltd.

Michael MA

3

Management Structure

Steven LAM

Board of Directors

Li , Jianhua

James CHEUNG

James WONG

Responsibility

Chairman & CEO/Company Founder

Manufacture/R&D/Procurement

Oversea Sales & Marketing

Operation of Group HK Headquarter

Directors Board Secretary & CFO

4

Company Location

Truly

Hongkong

Truly

Huizhou

Truly

Shanwei

Founded in 2013

Total Area: 210,000㎡

Founded in1991

Total Area: 850,000㎡

Group Headquarters

(Founded in 1978)

Shenzhen←→ Shanwei Highway: about 2 hours

High-speed Rail: about 1h10min

Shanwei←→ Huizhou Highway: about 1.5 hour

5

Truly Industrial Area(Shanwei)

With ~25,000 employees and over 70% are Shanwei local citizens.

6

Truly (Huizhou) Smart Display Ltd

The Premiere Investment : ~ 6.3 Billion RMB

Truly owns 53% share capital with 67% voting

right.

Investors:

Huizhou Zhongkai , Huizhou Investment & Truly

Semiconductors Ltd.

Capacity ：

4.5G: 30K Sheet/M AMOLED

50% flexible display & 50%rigid display

( for mobile, auto and wearable devices)

4.5G: 60K Sheet/M TFT LCD

(for auto, industrial and medical display)

Glass Substrate : 730mm*920mm*0.5/0.7t

2016.Q2 – PP , 2016.Q3 – MP

• ISO 9001:2008 for LCD panels and module (1995)

• TL 9000-H R5.0/R4.0 Telecommunication Quality System(2002)

• ISO/TS 16949:2009 Automotive Quality System(2003)

• ISO 14001:2004 Environment Management System(2000)

• QC 080000(ROHS):Hazardous Substance Process Management(2008)

Truly has passed the whole quality and environmental protection system authentication:

7

Certification

8

Milestone（Display & Optical Bonding）

2003 2015 1991 2001 1995

•Mono

Display Line

(TN-LCD) .

•Automotive display

module

•MP Color STN(CSTN)

for mobile phone •2.5G TFT line

370mm*470mm

•MP Optical

Bonding(OCA/OCR)

(1st globally).

•MP ZBB(zero black

bezel )Optical

Bonding modules

•FIC (Full In-cell) Display .

2007 2009 2014 2016

•MP 4.5G AMOLED and

TFT display.

•Obtained Kodak

OLED License and

set up PM-OLED line

•Color STN

Line(CSTN) (1st in

great China)

9

Milestone（TP）

2013 2000 2008 2014

•RTP line (1st in great

China)

•GG CTP Line

• 3.5G Film CTP line

(RTR process)

2011

•OGS CTP line

•TOL CTP line ( 1st in

great China)

2012

•MP LENS

•LENS line (color

OGS)

•AEGIS OGS(700MPa)

•4.5G OGS Line

•AEGIS2 OGS

•Chemical Scribing

•Surface Treatment（AG/AR/AF）

2015

10

Milestone（Camera & FPI）

2013 2004 2005 2014 2011 2015

•Camera R&D

center

•CSP line.

•COB line.

•MP automotive

camera (rear camera)

•3D camera

•MP Automotive Surround

CCM (Ethernet Interface)

•MP Close Loop Auto Focus

Camera

•OIS CCM

&Array CCM

• Dual CCM, PDAF CCM

FPI

2006 2008

11

Capacity List（1）

Product

Capacity Now

Type

Capacity(KK.pcs/M)

Remark Unit:

KK.pcs/M Now Expansion

LCM 23.8

Mobile Phone 15 \ by 5”

Automotive 1.8 3 (2016Q4) Less than 7“

Industrial& Medical 4 5 (2016Q4)

Consumer 3 \

OLED 1.5 AMOLED \ 30K Sheet (2016Q2)

glass substrate :

730mm*920mm

PMOLED 1.5 3(May2016)

5.5(June2016~) by 1.0”

CTP 8.8

GFF 6 \

by 5.0”

OGS 0.8（for AIM） \

TOL

TOL 1 \

TFT ON CELL

1 \

LENS 2.5 LENS 2.5 \ By 5” (Include 2.5D)

12

Capacity List（2）

Product

Capacity Now

Type

Capacity(KK.pcs/M)

Remark Unit:

KK.pcs/M Now Expansion

Optical

Bonding 7.6

OCA 6 \ by 5”

OCR 1 \

OCA 0.3 \ Table PC

OCR 0.3 \

\ 0.7 for automotive

Camera 14.5

COB（AF） 9.5 13 (2016Q4) by 5M

COB（FF） 4 \

CSP 1 2 (2016Q4) for AIM

2 High resolution /

OIS AA 2 \

FPI 3.5 7.5(2016Q2) Coationg:.1.5KK Cover Lens：2KK

G4.5 OGS 1.4

(50K sheet/M) \

by 7” for AIM, 5”for

TFT ON CELL

Glass substrate :

730mm*920mm

*AIM : Automotive, Industrial, Medical

13

Total Building Area : about 40,000m²

I. No.25 New Plant

Total Building Area : about 40,000m²

II. No.26 New Plant

New Factory completed

Production Line Area MP Time Capacity (pcs/M)

G4.5 OGS 6,300㎡ 2016.3 13K

TLI for

Automobile 4,100㎡ 2016.1

2016.1:160K（by 6.3”）

2016.5:800K（by 6.3”）

FPI 6,300㎡ 2016.4/

2016.7 8KK

CCM 6,300㎡ 2016.7 4.8KK

Production Line Area MP Time Capacity (pcs/M)

PGMD(Precision

Glass Machining

Division)

11,200㎡ 2016.4 4.5G TFT 2.6kk

2016.7 Underglass 1.2kk

Industrial LCM 5,600㎡ 2016.4 2.5KK

(by 7”）

14

Annual Revenue

Truly International plans to spin off Truly Opto-Electronics Ltd. to IPO in China

Stock Market.

Unit : Million USD

1,350

1,590

2,650 2,760

2,500

2,902E

0

500

1,000

1,500

2,000

2,500

3,000

3,500

2011 2012 2013 2014 2015E 2016E

Truly Annual Revenue

Truly

Annual

Revenue

Truly is the largest manufacturer of smartphone component in China

and worldwide top-level automotive display supplier .

(Automotive Display: Global No. 1 of mono display shipment in 2015)

15

Honours & Shipment

Display Touch Optical

Bonding Camera

25 From 1991

Shipments in 2015

182 Mil.pcs

Years’ history

16 From 2000

Shipments in 2015

78 Mil.pcs

12 From 2004

Shipments in 2015

94 Mil.pcs

7 From 2009

Shipments in 2015

47 Mil.pcs

FPI

Shipments in 2015

4 Mil.pcs

From 2014

Years’ history Years’ history Years’ history

2 Years’ history

16

Smartphone Solutions

16

•LCM

•FPI

•Optical

Bonding

•CCM

•CTP

Full-incell、AMOLED

High NTSC Display,

2K Display

OCA/OCR, Zero Black Bezel

coating/glass/ Sapphire

solution

OGS/film-CTP,

Colorization,

AEGIS OGS

OIS , PDAF,

Dual-Camera

•Lens

AG/AR/AF,

Precision Glass

17

Major Smartphone Customers

Domestic Oversea and Taiwan

18

Automotive Display Solutions

Smart Rearview Monitor

Entertainment display

Center Information

display

Audio & air conditions

FPI

HUD

Cameras

Dashboard

A Pillar display

19

Smart Driving Assistance System

•Front View Camera

• Camera in FCW (Forward Collision Warning )

• Camera in ACC (Adaptive Cruise Control)

• Surround View Cameras

• Camera in Automotive Parking System

• Camera in LDW (Lane Departure Warning System )

• Camera in Night Vision System (IR Camera )

• Camera in LKAS (Lane Keeping Assistance System )

• Camera in DVR (Driving Video Recorder)

• Rear View Camera

• Side View Camera

• Camera in Blind Spot Display

• Camera in LCA (Lane Change Assistance)

20

Major Automotive Customers

Direct Customers End Customers

21

Solutions

Industrial, Medical & Consumer Electronics

Office Equipment

Smart Home

Wearable Devices

VoIP/POS machine

Others

• Providing one-stop service , various products and guaranteeing long-term supply

Video telephone

Copier USB key

POS

machine

Washing machine

Air-condition

Smartwatches

SmartBand

Industrial instrument

Heart Rate Tester

For Industrial, Medical and Consumer Applications

22

Major Customers

CPA

Industrial/Medical

Goertek

--Industrial, Medical and Consumer Applications

Hong Kong: Headquarters, Operation

Shanwei / Huizhou: Production base / R&D

center / Purchasing center

Marketing & Technical Support：

Shenzhen, Shanghai, Beijing and Taiwan etc.

China

Asia Pacific

Japan, Korea, India,

Singapore .

Europe

UK, France, Germany,

Italy, Sweden . USA

New York, Los Angeles,

Chicago.

23

Global Business Network

24

Truly Advantages

Truly

Advantages

Stable Workforce

&

High Quality

One-Stop Service

&

Multiple

Products

Fast Delivery

&

Response

Mass

Customization

Long-term Supply

&

Stable Finance

Thank You!