12月17日消息，北京证监局披露，京东方能源科技IPO辅导状态已更新为"辅导验收"。 | | | | | 全国一体化在线政务服务平台 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 中国证券监督管理委员会网上办事服务平台 (试运行) | | | | | | | | 公开发行辅导公示 | | 辅导对象 | 辅导机构 | 备案时间 辅导状态 | 派出机构 | 报告 报 | 报告标题 | | - | 北京 | - | 天津 | 广东龙行天下科技股份有限 | 招商证券股份有限公司 | 2025-12-17 辅导备案 | 广东证监局 | 弹骨器变损害 | 关于广东龙行天下 ... | | - | 河北 | - | 山西 | 公司 | | | | | | | . | 内蒙古 | 1 | 辽宁 | 杭州沃播智能科技股份有限 | 中信建投证券股份有限公司 | 2025-08-25 辅导验收 | 浙江证监局 | | 辅导工作完成报告 关于杭州沃播智能 … | | | | | | 公司 | | | | | ...

12月17日，韩媒Thelec报道， 苹果公司已就iMac （ 一体机电脑系列 ） OLED的研发事宜向三 星显示器和LG显示器发出信息征询书（RFI） 。 通常情况下，RFI是整机厂商在向零部件供应商发出正式报价请求书(RFQ)前，双方交换技术信息 的预备性文件。在此阶段，厂商会就产品开发所需的技术细节进行咨询，而产品具体规格尚未最 终确定。 据报道，苹果公司 近期 提出的iMac OLED 面板 规格要求是 尺寸为 24英寸，亮度为600尼特， 像素密度为218 PPI（每英寸像素数）。目前，市面上 在售的LCD iMac的主要规格包括500尼特 亮度和218 PPI。 据悉，这两家面板厂商将采用无精细金属掩模（FMM）的大尺寸OLED技术来开发iMac OLED。 在大尺寸OLED领域，三星显示器主推量子点(QD)-OLED技术，而LG显示器则专注于白色(W)- OLED技术。技术原理上，QD-OLED通过蓝色发光源经过量子点色转换层实现色彩呈现；而W- OLED则利用白色发光源经过红、绿、蓝、白（RGBW）彩色滤光片 来呈现颜色。 值得注意的是，苹果倾向于采用以RGB子像素为单位实现光影与色彩的RGB ...

Core Viewpoint - The article discusses the IPO progress of Visionary Technology, a company specializing in silicon-based OLED microdisplay chips, which is entering a critical phase of its listing review process on the STAR Market [1]. Group 1: IPO Process - The Shanghai Stock Exchange announced that the listing review committee will hold its 67th meeting on December 24, 2025, to review Visionary Technology's IPO application [1]. - Visionary Technology signed a counseling agreement with Haitong Securities in October last year to officially start the IPO process [4]. Group 2: Fundraising and Use of Proceeds - Visionary Technology plans to raise 2.015 billion yuan through the IPO, with 1.6 billion yuan allocated for the expansion of ultra-high-resolution silicon-based OLED microdisplay production lines and 400 million yuan for the construction of a research and development center [4]. Group 3: Company Overview and Market Position - If approved, Visionary Technology will become the first A-share company focused on microdisplay chips and optical solutions [4]. - Established in 2016, Visionary Technology specializes in silicon-based OLED microdisplays and supporting optical modules, currently operating a 12-inch deposition production line with a monthly capacity of 9,000 wafers [4]. - The company plans to expand its production capacity to three lines, increasing monthly output to 27,000 wafers, aiming to become the world's largest manufacturer of silicon-based OLED microdisplay components [4]. Group 4: Product Applications and Financial Performance - Visionary Technology's products are already being used in AR/VR glasses from brands like DJI, Xiaomi, XREAL, and Thunderbird, and have also entered traditional fields such as medical endoscopes, night vision devices, and electronic viewfinders [4]. - The projected shipment volume of silicon-based OLED microdisplay products for 2024 is approximately 1.27 million units [4]. - Due to high investments in production line construction and R&D, Visionary Technology is currently operating at a loss, with revenues of 190 million yuan, 215 million yuan, and 280 million yuan for 2022, 2023, and 2024 respectively, and corresponding net losses of -247 million yuan, -304 million yuan, and -247 million yuan, although the loss margin is narrowing as yield rates improve and orders increase [4].

Core Insights - Meerecompany has signed a contract with BOE (Beijing Oriental Electronics) to supply core equipment worth approximately 46.4 billion KRW (about 221 million RMB) for its 8.6-generation IT OLED production line in Chengdu [1][2]. Group 1: Contract and Equipment Details - The equipment supplied by Meerecompany includes edge grinding machines, which are crucial for precisely processing the edges of OLED panels to prevent micro-damage, thereby enhancing durability and quality [2]. - The 8.6-generation IT OLED production line in Chengdu has a total investment of 63 billion RMB and is designed to produce 32,000 glass substrates per month, primarily for high-end touch OLED displays used in laptops and tablets [2]. - The project milestones include the foundation completion in March 2024, topping out in September, and the first lighting expected in December of this year, with mass production targeted for the second half of next year [2]. Group 2: Market Implications - BOE's 8.6-generation OLED production line has already started producing 14-inch OLED panels and supplying them to IT clients such as ASUS and Acer [2]. - Meerecompany views this contract as a recognition of its technological strength and reliability, indicating potential for securing more orders from major panel manufacturers in China and globally [2].

12月16日，韩国OLED材料企业LORDIN宣布，经过6年的攻坚，其自主研发的ZETPLEX技术已 解决蓝色磷光OLED材料的寿命问题，并确认了该产品商业化可行性。 图片来源：LORDIN 据了解，OLED中的发光层（EML）是由有机材料构成，通电后会发光。在OLED中，EML通常包 含主体材料和掺杂剂（例如荧光或磷光材料）的组合，它们协同作用产生不同颜色（红、绿、 蓝）的光。 EML的组成和设计决定了 OLED的效率和颜色纯度，是高性能OLED显示器的关键组 成。 LORDIN研究人员希望解决多组分EML系统的局限性，例如难以控制混合比例、生产成本高以及 OLED光物理性质的复杂性。传统的三组分EML系统虽然有效，但在实现主体材料和掺杂剂材料之 间的最佳能量转移方面仍存在挑战。 为了克服这些挑战，LORDIN研究人员设计并合成了一种融合的pH-FD分子，该分子有效地将p型 主体和蓝色荧光掺杂剂的功能结合在一个分子中。这种设计使得激发态复合物（由pH和nH形成） 与FD单元之间能够无缝传递能量，从而无需传统的多组分体系。 简单来说，ZETPLEX技术的特点在于，它仅需两组分结构即可实现传统四组分结构所需的高 ...

Core Viewpoint - BOE is enhancing its capacity in the MLED sector through a project involving the upgrade and technical transformation of its existing production lines, as disclosed by the Ordos City Ecological Environment Bureau [2][10]. Group 1: Project Overview - The total investment for the MLED project is approximately 186 million yuan, covering an area of 1,125 square meters, with plans to add new processes such as via etching, copper plating, and copper etching [4]. - The project aims to increase the monthly input of array glass substrates by 6,000 pieces for MLED production, while maintaining the existing capacity for LTPS TFT-LCD at 68,000 pieces per month [4][9]. - The project is expected to yield a maximum output of 1.44 million MLED products annually, although the specific product specifications remain uncertain [9]. Group 2: Strategic Importance - The MLED business is a core part of BOE's "1+4+n ecosystem" strategy, with MLED revenue reaching approximately 4.347 billion yuan in the first half of 2025, accounting for 4.29% of total revenue [10]. - The MLED sector is rapidly developing, with Mini LED competing in the high-end TV and display markets, while Micro LED shows potential in large displays and wearable devices [10]. Group 3: Technological Advancements - The Ordos production line is based on LTPS technology, which supports the implementation of COG (Chip-on-Glass) technology, known for its high-quality display capabilities [13]. - COG technology is considered a high-barrier process but offers significant advantages in terms of brightness, thinness, flatness, lightness, and smoothness, making it suitable for various high-end applications [13]. - BOE has launched multiple generations of COG products, with recent advancements in Micro LED HUD applications, indicating a growing market potential [13][14]. Group 4: Future Outlook - With the technical upgrades at the Ordos production line, BOE is expected to enhance its market penetration of glass-based MLED products in high-end commercial displays, automotive HUDs, and consumer electronics [14].

图片来源：LG电子 LG电子表示， LG Micro RGB evo代表了Micro RGB技术的 进步，电视采 用第三代AI处理器α （Alpha）11 来实现 OLED级别精度 的 RGB LED背光控制。 该处理器具备双重超级升频（Dual Super Upscaling）功能，能同时处理两种类型的AI升频运 算，为用户提供顶级的清晰度与沉浸感。 12月16日，LG电子宣布， 将于CES 2026 展会 上 发布 其首款旗舰级RGB 背光 电视LG Micro RGB evo，采用Micro RGB技术，并搭载了LG电视迄今最小的独立RGB LED灯珠，标志着显示 技术从Mini LED 背光 迈向了更先进的阶段。 凭借 更强的 处理能力，电视实现了RGB原色Ultra（RGB Primary Color Ultra）技术的突破，能 够 更好 还原全光谱色彩。 在RGB原色Ultra技术驱动下，LG Micro RGB evo 在 BT.2020、DCI-P3和Adobe RGB三大色 域标准中均达到了100%的覆盖率，满足 专业数字编辑、HDR电影 观影等高端需求。 此外，电视还拥有 微调光Ultra ...

Group 1 - The core viewpoint of the article is that Jingce Electronics has signed deep cooperation agreements with five leading companies in various sectors, focusing on technology integration and resource sharing to enhance testing solutions for the semiconductor, display, and new energy industries [1][2][4]. Group 2 - The cooperation will cover the entire industry chain from materials, devices, and equipment to industry solutions, aiming to optimize systematic testing solutions through technological innovation and product iteration [2]. - The five partners include leading firms in their respective fields: - Shengbang Microelectronics specializes in high-performance analog and mixed-signal integrated circuits for industrial automation, new energy, and automotive electronics [2]. - Analog Devices provides data converters and sensor technologies, widely used in digital healthcare and industrial automation [2]. - Hefei Aiko Optoelectronics manufactures key components for industrial imaging, including industrial cameras and image acquisition cards [4]. - Inovance Technology operates in industrial automation control and new energy equipment, with a product line that includes servo systems and industrial robots [4]. - SMC Automation focuses on the development and manufacturing of pneumatic components, serving automation lines in the semiconductor, automotive, and electronics industries [4]. - Jingce Electronics aims to strengthen its core competitiveness and build an open industrial ecosystem through this collaboration, continuing its focus on the semiconductor and display sectors while empowering the new energy field [4].

Core Viewpoint - The company, Guangzhou Shiyuan Electronic Technology Co., Ltd. (referred to as "Shiyuan"), announced an investment in a partnership focused on the AI and semiconductor sectors, aiming to enhance its strategic positioning in these industries [1][4]. Group 1: Investment Details - Shiyuan plans to invest RMB 50 million (approximately USD 7.1 million) from its own funds into the partnership with the goal of leveraging professional investment resources to strengthen its industry chain layout in AI and semiconductors [4]. - The total target subscription scale of the investment fund is expected to be RMB 300 million (approximately USD 42.4 million), with a cap of RMB 400 million (approximately USD 56.5 million) [4]. - The fund will focus on mid-to-late stage projects related to the AI and semiconductor industry, with a duration structured as "2+4," meaning a 2-year investment period followed by a 4-year exit period, extendable under certain conditions [4]. Group 2: Strategic Objectives - The investment is not only a financial move but also a crucial part of Shiyuan's strategic layout, aiming to enhance product structure and technological upgrades through collaboration with fund managers [4]. - By entering the AI and semiconductor industry chain, Shiyuan seeks to achieve industrial synergy, thereby improving its overall competitiveness and risk resilience [4]. - The company is transitioning from a hardware manufacturer to a comprehensive solution provider, integrating AI technology into its products to enhance user experience [5]. Group 3: Market Expansion - With the growth of the electric vehicle and smart cockpit markets, Shiyuan is accelerating its expansion into automotive electronics [6]. - The investment in the semiconductor and AI industry chain is viewed as a strategic move to extend upstream into hard technology, secure core supply chain safety, and prepare for future cross-domain technology integration [6]. - Collaborating indirectly with semiconductor companies like Jiangsu Diaomai, Shiyuan aims to gain stronger industrial support in key components such as analog chips and power management [6].

Group 1 - The core viewpoint is that the AI-related momentum is expected to be maintained in the coming year, with optimism in the information and communication technology industry, despite challenges such as geopolitical issues [1] - The chairman of AUO, Peng Shuanglang, mentioned that the semiconductor and server sectors are benefiting from the AI wave, and the trend of AI development is anticipated to continue [1] - There is a concern regarding the impact of rising memory prices on end product sales, with close monitoring of price increases to see if they remain within consumer acceptance [1] Group 2 - The Taiwan Electrical and Electronic Manufacturers' Association is considering forming an industrial cluster in the U.S., similar to the Hsinchu Science Park, to enhance overseas collaboration [2] - Companies in Taiwan are encouraged to expand internationally to create a clustering effect, although discussions are still in the early stages [2] - The trend of companies establishing a presence in Southeast Asia is expected to continue, with other regions gradually mimicking this model to form new economic patterns [2]