For Immediate Release


China Display Optoelectronics Technology Holdings Limited
Announces Q1 2017 Unaudited Financial and Operating Data
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Total Sales Revenue Increased 29.8% year-on-year to RMB 813 Million
Actively Develop LTPS Products to Enhance the Value of Product Mix

(26 April 2017, Hong Kong) China Display Optoelectronics Technology Holdings Limited ("Ch Display Opt" or the "Company", together with its subsidiaries, the "Group"; HKSE stock code: 334) is pleased to announce its unaudited financial and operating data for the three months ended 31 March 2017 (the "Period").

Although faced with continual macroeconomic slowdown and dampened consumer sentiments, as well as the traditional weak performance in the first quarter, the Group's revenue still recorded RMB813 million, representing a rise of 29.8% year-on-year, of which the revenue of non-laminated LCD module products was RMB414 million, a rise of 86.7% year-on-year; while that of laminated LCD module products was RMB399 million, a slight drop of 1.4% year-on-year. The growth was mainly attributable to an elevated proportion of mid-high end products (including low-temperature poly-silicon (LTPS) products) that fueled the sustained increase in average selling prices.

Mr. LI Jian, Chief Executive Officer of Ch Display Opt, expressed, "As global smartphone market has been nearly saturated, the driving force of global shipment relies very much on Africa, India and other emerging markets, causing a slowdown in growth rate. However, with the rising demand for high-end smart devices in recent years, demand for high-end LTPS LCD modules increases gradually, we believe that the Group can further seize the share of high-end products market. Looking ahead, we will endeavor to engage in active research and development of new products and new technologies, to enhance the value of the Group's product mix."

The Group's revenue by product segments and their respective year-on-year change during the Period are as follows:

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About China Display Optoelectronics Technology (334.HK)
Headquartered in China, China Display Optoelectronics Technology Holdings Limited (HKSE stock code: 334) is one of the major providers of small-to-medium-sized display modules (<=10.1") in the region. Ch Display Opt engaged primarily in the research and development, manufacturing, sales and distribution of LCD modules mainly for handheld mobile devices on an ODM basis. Smartphone LCD module products of Ch Display Opt are welcomed by domestic and overseas manufacturers with sales volume ranking among the top.

For more information, please visit its website at www.cdoth8.com.