What LTOM does

LTOM (Shaanxi Lighte Optoelectronics Material Co., Ltd, ticker 688150.SH) is a China-based specialty chemical company that develops, synthesizes, and mass-produces OLED light-emitting functional materials and intermediates for display panel manufacturers. Founded in 2010 and listed on the Shanghai Stock Exchange STAR Market in March 2022, the company operates the full industry chain from upstream OLED intermediates (boronic acids, carbazoles, triazine compounds) through pre-sublimation preparation to terminal materials, anchored by Red Prime materials and hole transport layer materials. It is the first domestic manufacturer and exclusive domestic supplier of BOE's OLED light-emitting functional materials, sole domestic Red Prime supplier for CSOT, and sole Red Prime supplier for EDO's flat-panel series, with additional customers including Tianma and Huaxing Optoelectronics.

The company monetizes through B2B direct sales of OLED materials supplemented by custom synthesis services and a secondary pharmaceutical intermediates line (including deuterated compounds and innovative drug intermediates). R&D is conducted at an 8,000+ m² center in Xi'an High-Tech Zone (established 2011, expanded 2020), with manufacturing across a 200+ mu headquarters factory and a Pucheng intermediate synthesis base (Phase I completed April 2021); annual chemical composite output exceeds 300 tons. The company holds independent patents across its OLED material portfolio, claims to have broken foreign monopolies on terminal materials in 2016, and runs an OLED device preparation and evaluation platform that supports joint experimental cooperation with panel customers. Commercial channels are direct enterprise sales; marketing relies on trade-show presence (CPhI China/Japan) and accumulated industry recognitions including Specialized new 'little giant' enterprise, Manufacturing single champion product, and provincial photonic chain lead enterprise.

LTOM holds ISO 9001:2015, ISO 14001, and QC 080000 certifications and is led by Chairman and General Manager Wang Yalong. A 2026-dated joint venture with Neuromeka extends the operating model into robotic handling of OLED materials serving BOE. The customer base is concentrated among a small number of large Chinese display panel manufacturers, and financial scale is not directly disclosed in the source material.

Name

LTOM

Legal name

Shaanxi Lighte Optoelectronics Material Co., Ltd

Website

https://en.ltom.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

LTOM (Shaanxi Lighte Optoelectronics Material Co., Ltd) is a Chinese specialty chemical company that develops and mass-produces OLED light-emitting functional materials and intermediates, supplying domestic display panel makers including BOE, CSOT, EDO, Tianma, and Huaxing Optoelectronics.

Ownership category

akta.pro rank

Headquarters

HQ city

Xian Shi

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Infrastructure

Revenue model

1. OLED Materials Sales: LTOM generates revenue primarily through the R&D, production and sales of OLED materials including terminal materials and intermediates. The company has realized mass production and supply of various OLED materials.
2. OLED Terminal Materials: Current mass production of OLED terminal materials are mainly light-emitting layer materials including Red Prime material and Hole transport layer material. OLED intermediates are the front-end products for the production of OLED terminal materials.
3. Custom Synthesis Services: The company provides customized development and mass production of OLED materials and composites and innovative drug intermediates based on more than ten years of experience in organic synthesis research.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

LTOM develops, synthesizes, and mass-produces OLED light-emitting functional materials (terminal materials such as Red Prime materials and Hole Transport Layer materials) and OLED intermediates, operating the full industry chain from intermediates through pre-sublimation preparation to terminal materials. The company also supplies innovative drug intermediates and deuterated compounds based on more than ten years of organic synthesis experience, with annual output exceeding 300 tons of various small-molecule chemical composites.

Product overview

LTOM (Shaanxi Lighte Optoelectronics Material Co., Ltd) is a materials manufacturer offering a portfolio of OLED materials and pharmaceutical intermediates. The core offerings include OLED Terminal Materials (comprising Red Prime materials and Hole Transport Layer Materials) and OLED Intermediate Materials, which form an integrated production system from intermediates to terminal materials. Additionally, the company produces Deuterated Compounds and Innovative Drug Intermediates. LTOM operates the complete industry chain from OLED intermediate synthesis through pre-sublimation preparation to terminal material production, positioning itself as a domestic alternative to imported OLED materials.

Differentiator

Problem solved

Functional benefit

Products and services

• OLED Terminal Materials High-performance OLED light-emitting functional materials including Red Prime materials and Hole Transport Layer materials, used in OLED display panel production. LTOM is the first domestic manufacturer and only domestic supplier of BOE OLED light-emitting functional materials.
• OLED Intermediate Materials Front-end intermediate products for the production of OLED terminal materials, including various boronic acids, carbazoles, and triazine compounds used in OLED device fabrication.
• Innovative Drug Intermediates Pharmaceutical intermediates for drug development, including API intermediates and custom synthesis capabilities for novel therapeutics, supplied to pharmaceutical customers based on more than ten years of organic synthesis experience.
• Deuterated Compounds Deuterium-labeled compounds for research and pharmaceutical applications, including various deuterated solvents, building blocks, and pharmaceutical intermediates.

Quantifiable outcome

• Changed the situation of material dependence on import by realizing import substitution
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• NeuromekacoreStrategic or Co-development Partner · 1 January 2026The company has established a joint venture with Neuromeka, combining Neuromeka's robotic handling technology with LTOM's market access to serve major customers like BOE. This partnership enables the integration of robotics with OLED materials handling and processing.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Idemitsu Kosan: One of the world's leading OLED material developers, producing emitters, hosts, and transport materials for Samsung Display, LG Display, and JDI. Comparability: directly competes in OLED terminal materials, especially in Red Prime and Blue Prime categories that anchor LTOM's product portfolio.
• Solus Advanced Materials: Korean OLED material specialist producing ETL, HTL, and emitter materials following spin-off from Doosan. Comparability: a direct competitor for OLED terminal materials serving Chinese and Korean panel customers, with overlapping mid-stack transport-layer offerings versus LTOM.
• Universal Display Corporation (UDC): UDC holds foundational patents for phosphorescent OLED emitter materials and licenses them globally to panel makers including Samsung Display and LG Display. Comparability: directly competing for OLED emitter material design and supply across the same display industry customer base that LTOM serves.
• Hodogaya Chemical: A Japanese specialty chemical firm specializing in OLED hole transport materials (HTM), electron transport materials, and intermediates used in OLED panels. Comparability: directly competes in HTL materials, a category that LTOM also actively produces and supplies into Chinese OLED panel makers.
• Merck KGaA (Performance Materials): Operates a major OLED materials business (acquired through AZ Electronics + OLED acquisitions) supplying emitters, transport materials, and formulated blends to top panel makers. Comparability: a direct global rival competing for the same Chinese OLED panel-maker wallet that LTOM addresses.
• Sumitomo Chemical: Manufactures OLED polymer and small-molecule materials, including red and green phosphorescent emitters for Samsung Display and other Asian panel makers. Comparability: directly competes in small-molecule OLED emitter and intermediate chemistry with overlapping IP claims.

Broad incumbents

• Samsung SDI (OLED materials): Samsung Group's chemicals/materials arm that historically supplied OLED emitter and ETM materials to Samsung Display. Comparability: a broad incumbent in OLED materials with vertically integrated affiliate customer base — competes for the same wallet as LTOM within Chinese-affiliated panel makers.
• LG Chem: Korea's leading chemicals company with a substantial OLED materials franchise across emitters, transport materials, and adhesives; parent-linked to LG Display. Comparability: a broad incumbent in OLED materials — overlaps in the same Korean/Chinese supply chain that LTOM competes in, but with much larger portfolio and chemical diversification.
• DuPont: Through its Electronics & Industrial segment, DuPont supplies OLED materials (especially hosts and transport) and has supplied display panel materials to Asian OLED customers. Comparability: a broad incumbent with relevant OLED materials IP and global sales force that competes with LTOM in adjacent material categories.

Emerging players

• Kyulux: Japanese/Korean startup commercializing TADF and hyperfluorescence OLED emitter technology for next-generation displays. Comparability: an emerging player targeting the same OLED emitter category as LTOM with next-gen chemistry — represents a forward threat to established emitter formulations if commercialized at scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LTOM