 Thanks to the chairman for introduction. Thanks, SID, for your very kind invitation. It's a great honor for me to be here. Good morning, ladies and gentlemen. I come from Wenox, mainland China. My English name is Quantilin. I have devoted myself into ORAD development for 22 years. Ever since I joined the ORAD research group at Tsinghua University in 1996, the past two decades witnessed how ORAD technology went forward, matured, and made big hits. At the same time, I myself changed a lot. Look at this picture. I had dark and thick hair when I was in university two years ago. In contrast, this was also me when I was in last display week, Los Angeles, here last year. My hair is getting thinner and thinner. But Wenox ORAD is brighter and brighter. So, yeah, yeah, thank you, thank you. It's my great pleasure to be here to share with you the panorama of ORAD, her past, her present, and her future. To put ORAD into perspective, we really need to look back at the past three centuries how the technology evolution occurred. As human beings continuously made breakthroughs in technology, we have studied not only productivity and freedom, but also new media to display information and communicate with each other. In the 18th century, thanks to industrial printing, people at the age of steam had extensive access to information. The 19th century witnessed the electric revolution, and the movie industry made dynamic images available to the mass population. A hundred years later, we were able to show heroes at the desktop of households and started to live a digital life. And now, as the internet, our computer, and the phone matured, we are in the age of IoT. Everything is becoming smarter and better connected. People will consider non-living objects as living things and want to communicate with them. To make it, all the things need a display to show information. And that would bring us to the age of ubiquitous display. Ubiquitous display, I think, is the right diction for today's display industry. Look around. You will find at least one piece of screen somewhere. But people's classical view of display is related to TV, cell phone, and notebook, et cetera. As IoT develops, more things start to help displays. Just look at the smart cup on the right-up corner. With a curved display, it might be a surprise for some of you. You can easily check up your speech phone notes when you appear to be drinking a cup of tea. Car is the next big area where more displays, larger and better displays, will be used. Look at the pattern concept at the left-bottom corner. It has a 49-inch screen in the front, which will greatly change the in-car experience. I will not elaborate on all these different display types. I think you get the point. Display is everywhere, and it's ubiquitous. Now, let's look at how already fits into the ubiquitous display. Last year, Vinox organized a design contest for already application. What I'm showing here is just a couple of examples from hundreds of great ideas. The picture on the right-up corner shows a T-shirt with already flexible display that can help people who suffer from hearing challenges or a failure to communicate with the world. Another example is the ruleable O2 piano on the right-bottom corner. A pretty music lover will no longer have trouble taking her beloved piano on her trips. And the most impressive idea might be the blushes on Sophia's face. She is so capable and intelligent that people would like to give her citizenship. Yet, I think a flexible display on her face would be a fine touch for her identity as a citizen. Now, let's take a close look how ubiquitous display will affect some products we are familiar with. As to TV, the CRT is already outdated. Today, we are already used to the flat-panel TV. With technologies like OLED, this projection, and mini-LED, you will enjoy TVs that are brighter, thinner, and bigger. In the future, flexible TV is also possible so that you can draw it into a scroll. For pad and notebook, we have much more to expect in the ubiquitous display time. With interactive display touch, we have already made the traditional notebook lighter and easy to carry. Going forward, we will find a notebook with a foldable display, and even with the in-folding and out-folding feature. Eventually, we might be able to make a scroll notebook with a rollable display. Let's also talk about smartphone changes in the last decade. Steel jobs is a genius. A 3.5-inch screen opens a new page in the history of cell phones. However, since then, smartphone screens are getting bigger and bigger with higher and higher resolution. Before you even notice, people are not satisfied with over 90% screen-to-body ratio. And I think a real phone screen smartphone with 100% screen-to-body ratio is just around the corner. It is the magic touch that turned a feature phone into smartphone. As display subsets upgrades from glass to plastic, the future smartphone will have more possibilities of outlook. We have seen mobile phones changed from non-touch screen to touch screen, then to large screen, large screen, and full screen. In the next few years, football and even rollable smartphones will unfold in front of the world. Similar trends can also be observed in smart wearable products. The device is upgraded from a basic wearable to smart wearable with independent networking. They will become even more intelligent and support better end-to-end connection with AI develops. Display have evolved from rigid display with 2D color clouds to flexible with 3D color clouds. In future, the display of smart wearable products will have bigger active area and higher resolution. The vehicle display screens grew out of nothing. As car develops from 100% manual driving to drive assistance and to a certain level of automatic driving, how driver interacts with the car also changes dramatically. From a gauge-only car, we first add a small screen, then larger screen, and then multiple screens. The auto OEMs are designing cabin with flexible OLED screens and even transparent screens now. If falling automation becomes real, the car will be defined as the third space outside of home and office. Just think about how we are going to enjoy our time in the third space. The vehicle display is undergoing profound changes in recent years. According to the current trend of display technology, the evolution of vehicle display screens will eventually change our traditional outstanding towards cars, just like Mr. Steve Jobs has changed our cell phone. A giant in the auto industry will also appear to change our automobile. The ubiquitous display means we have infinite possibilities for display, such as rigid display, flexible display, transparent holographic. Various forms will be applied to various devices. However, there may be still some display technologies that we have not yet explored and which will become part of the ubiquitous screen in the future. The role of the screen at that time will also change dramatically. This is why we thought that ubiquitous display has the infinite possibilities. The screen will not only be an interface between display and the human. It will become an important interface for smart information interaction. Now we have already started to use the screen integrated with different interactive features. For example, touch controls, 3D touch, on the screen fingerprint identification for screen sound. In the future, more functions will be integrated into the screen. The screen will become a part of intelligent interaction. Speaking of display diversity, there are quite a few different display technologies. Depending on different applications and specific requirements, they have their own strengths and weakness. So let's briefly review each of these technologies in the chart. From the most advanced to the most matured, holographic display is one kind of stereoscopic 3D display technology is the most sophisticated, but still in an early stage in my view. Already on silicon, a great display technology with a good resolution and a faster switch time will find a good match to VR application if reliability and cost can be solved. MicroLED is a new and emerging promising display technology in the recent years. Yet this display vehicle is great to see. There will be four technical sections dedicated to the microLED on Thursday, including material, manufacturing, device, and system integration, et cetera. If manufacturing process technology can be solved, such as mass transfer, it will find great application in small size for AR and smartwatch, large size for TV. QLED is another new and emerging technology. It has a very similar structure for AR-AD. I was surprised to see that there are several big monitors developed with QD, a quantum display technology at least in the next exhibition room. I was wondering whether it's an electromagnetic sense or a photorhominal sensor. So again, reliability will be a key road lock for its real application. Mini-LED is a very potential large size display technology with low cost. Air cost is the technology relative matured for micro-display application, but with poor contrast ratio. This projection is affordable for large size display, but its contrast is big concern. No doubt that already has good features, self-emission, wide color gamut, high contrast ratio, thinner and lighter, flexible and so on, but it still has a long way to go. For example, blue lifetime, large size application, yield and cost, et cetera. LCD is a mature display technology with low cost advantage, but its growth and expanding may reach a plateau in a few years. Now let's talk about display market. The display industry is now dominated by LCD and ORED. Actually, in history, this industry is always dominated by two main displays. 10 years ago, look at the small chart. It was CRT and LCD. LCD very quickly took over the market. Today, they are LCD and ORED. These two accounts for more than 99% of the market, the total of all the others is less than 1%. As just mentioned, in a few years, LCD's growth and expanding may reach a plateau, but ORED will be and should be a growth engine in this display industry. Continuing to talk about the market, let's look at these two charts. The left chart is the LCD capacity by region, and the right one is the AMROD capacity by region. From the left side, we can learn that the LCD production capacity in Milan, China has been ranked number one in the world. On the ORED side, there's no doubt that Korea is leading the way, but Milan, China is doing a great catch up. Speaking of ORED, let's look at his mile students. Dr. Qingtang and his former colleague, Mr. Steve, invented ORED technology in 1987. 10 years later, in 1997, Pioneer developed a car audio with a PMROD panel, which was the first commercial ORED product in the whole world. Later, in 2008, Samsung started to use AMROD as the main display of the cell phone. And last year, Apple adopted the AMROD panel to iPhone 10. This is encouraging news for the whole industry. In terms of the worldwide AMROD production size, all the panel production lines are in Asia. Up to now, there are 14 lines in Milan, China, including generation 4.5, 5.5, and generation 6. At this number, we have increased in the coming few years. Let's look at the material and equipment. The major ORED materials, suppliers and equipment makers are from Japan, Korea, US, and Europe. Here's UDC from the US, MOKR from Europe, and ADEMIS from Japan. And they are all very important ORED material suppliers. And the very famous DIPGN system maker, Kenin Toki, is from Japan, too. Regarding ORED technology, here is the patents allocation. Nearly 90% are owned by Japan and Korea. And the United States is the country where most patents are granted, followed by Korea. Now let's come to the ORED development history in Milan, China. Dozens of universities and institutes started to research ORED in 1990s. Professor Qiu Yong founded an ORED research group in Qinhua University in 1996. Later, he founded Virenox. The first PMROD production line was set up in Milan, China in 2008. The first generation 5.5 AMROD mass production line was built in 2014. Ever since 2015, several generation 6 mass production lines have been under construction. Here, let's take a close look at China's AMROD production status. Virenox is a company set up and devoted to ORED display, which can supply both PMROD and AMROD products in volume. Virenox ranks number one in PMROD shipments in the whole world. Our AMROD output is number one in Milan, China in 2017. It uses AMROD panel product. It's focused on small, wearable application. BOE is the largest LCD manufacturer in the whole world at present. At the last few years, she announced to build four generation 6 AMROD production lines. Tema has different types of products, STN, TFTLCD, and AMROD. Many focus on medium and small sized panel. More recently, CSOT announced to build a new generation 6 AMROD production line. And they are very interested in printing technology. And there are another two players who has claimed the production business plan. So let's look at the AMROD market share in Milan, China. According to Sigma-Tel data, Virenox ranks number one in AMROD panel air output last year. EDU is the second. BOE is the third. Tema is the fourth. Please let me introduce a little bit more about Virenox as a typical showcase of Chinese AMROD industry. As already introduced before, Virenox was founded based on the already research group in Tsinghua University and has been working on already for 22 years. Currently, Virenox has four factories with about 6,000 plus employees, has applied more than 3,400 patents, and has been the leader of four already international standards. In addition to these four factories, Virenox has set up two R&D lines, D1 and D2. Therefore, Virenox is able to cooperate with upstream and downstream partners to develop new material, new process, and new technologies. Here is the way to develop new digital technology. From basic research to patent production, and then to mass production is our way to success. This process works very well, and we will stick on it. For example, we started to research PMROD from the lab, and then patent production. Finally, in 2008, mass production for PMROD. And AMROD also, in the same way, we started to research AMROD at the setup of the patent line in 2009. Then we built the generation 5.5 AMROD production lines, and then now generation 6, from rigid to flexible, from small size to bigger size. This is the way to success. Of course, any new product development is driven by the market, and we are very conscious of it. And thanks to our teams and these efforts, now our products have been widely used for smartphone, smart wearable, vehicle application, industry application, and medical devices. And more exciting to come. We have been working on flexible AMROD technology for quite a few years, and we have recently demonstrated many application concepts. Here are some highlights I'd like to share with you, such as this e-book and a smart speaker. Here's a video for our 7.2 inches flexible and foldable for module demonstration. The world's first bi-directional foldable single-axis AMOLED display module, which owns the incurved bending radius of 3 millimeters, the X-curved bending radius of 5 millimeters. Its bending times can exceed over 260,000 times, with its technology being at the forefront of the world. The full module is as thin as 0.2 millimeters, which can be arbitrarily folded depending on the terminal product design solutions. It can open up the visual boundary with its high screen occupation ratio, breaking the limitation of space, letting the vision go with your heart. This screen can achieve humans longing for the future display. The world's first bi-directional foldable single-axis AMOLED display module, according to the technology of future, is now exploring the region of infinite. Thank you. Some of its key features are listed here. The area size is 7.2 inches, and the bottom border is 2 millimeters. Infolding radius is 3 millimeters. Outfolding radius is 5 millimeters. And the folding time is over 260,000 times. Surface hardness is up to 7H. And we have both here. Please come and stop by the number 945. I have talked a lot about the history and the current development of Vinox. Please allow me to share with you our strategy. The IC strategy stands for evanuation, scale, efficiency, and endeavor. Innovation is a driving force and core strength of Vinox. Throughout the years, we have kept investing in these core strengths, and we will continue to do that in the future. You know, ORAD is a very difficult technology and tough business. Without innovation, you cannot succeed. We also take scale seriously. We would like to ramp up our production capacity so that we can provide the amazing ORAD display with a reasonable price. Scale is always related to the cost with a bigger capacity than you can get cheaper materials. We view Vinox as a startup company, and we always strive to improve our efficiency to better fuel fuel customer needs. And endeavor shows our courage and determination. We are committed to bring the best ORAD to the world. With the IC strategy of Vinox, we will make sure you will see better. Speaking of ORAD technology evaluation, we are mainly, there are mainly three types of ORAD related to consumer electronics, based on their panel or display size, namely, small size for smartphone and smart variable, medium size for pad and notebook, and large size for TV. As to mobile phone screens, there are two trends, both developed from current ORAD panel. One trend goes further towards large panel and 100% full screen, while the other toward more flexible products, football and rural display. As to pad or notebook, football display technology will be more important as consumers would like to have a bigger screen to operate and easier to carry. These upcoming products may include one access folding pad, two access folding pad, et cetera. As to TV, high resolution is more welcome from 4K to 8K, and the audience would like to have a high quality display resolution color gamut, contrast ratio, HDR, which will help them enjoy watching TV. The future possible rural TV will be the great way to go. Well, of course, we will face lots of challenges for already related product development and applications. For the larger sized ORAD display applications, we will face issues on high resolution materials, oxide backplane, and inkjet printing technology. We will find better and critical ways to solve these critical issues. Turning to the already flexible football display again, the challenges remain, including football product format, strength, stress management, football structure design, and reliability. Just name a few. In regards to football product format, we must consider if such products will market and be accepted by customers. Is it user-friendly, affordable, and reliable? Also, cost is a big concern for already related consumer electronics. With ORAD panel and many new features, the iPhone X, iPhone X is already the Super Bowl winner. If we can make the iPhone less expensive, it will get higher scores. We could learn from Mr. Elon Musk. In his biggest, this X rocket project, he and his team effectively reduced the overall cost of rocket launching. It's now merely one-tenth of original price. So we have our own story about the cost control, or PMROD. So in the history, the average sales price, ESP, or PMROD, is very high. At that time, PMROD is expensive at the early stage for quite a long time. The ESP is $10 something, a liter, $7, then $5, $3. Do you know the current price? Less than $1, how we make it? So point one, we cooperated with our deposition system partners to develop a very fast machine. The output is twice as normal one. Point two, we used the high-efficiency material, then matched with a smaller chip, IC, in order to seal the silicon material. And we reused some expensive materials. Third one, we redesigned the process. So in order to seal the energy, all these actions result in the cost. And in the past years, we can earn money about 15% net profits since 2012. That's a great work, you know. So let's come back to the iPhone 10. Already panel cost is estimated at 1 third of the total competent cost. If we can find a better way to reduce the present cost by half, we believe that already we'll be more widely used in smart phone. We are confident about that. Collaboration is always important for already technology and product development. Actually, in already flexible displays, there are many components, including FPC, power lines, polarizer, which heavily rely on the upstream supply chains. Here as an already panel maker, I would like to take this great opportunity to emphasize we would like to have unlimited technology collaboration with both upstream and downstream to establish and to promote a healthy ecosystem. Our hope is to, is nourishing the next generation materials and equipment development with upstream partners, fostering future display products with the downstream consumer electronics makers and producing cost-competitive display products through technology innovation. We believe that already golden time is really coming and we hope we can bring this remarkable technology to the ordinary consumers around the world for them to see better. Finally, my hearty thanks go to two very important people in my life. Professor Chuyung is more than a supervisor to me. He's more than father. Upon my graduation in 1996, I was in Tucson debt. Professor Chuyung paid it off so that I can continue my research life without any financial concern when he himself was poorly paid at that time. He supported me financially and spiritually. Only a father commended that. So I am really much appreciated about Professor Chuyung. My next special appreciation goes to Darkstown. Without his direction and mentoring, I would not fall in love with OLED. He announced that OLED is his life and already is most of my life. Thank you, Darkstown. Thanks for listening.