证券代码：600135 证券简称：乐凯胶片 公告编号：2025-031 近日，乐凯光电再次归还 10,650 万元至募集资金专用账户。截至本公告披 露日，乐凯光电已将用于临时补充流动资金的募集资金 15,000 万元全部归还至 募集资金专用账户，并将上述募集资金的归还情况通知了公司的保荐机构中信证 券股份有限公司及保荐代表人。 特此公告。 乐凯胶片股份有限公司董事会 关于子公司使用募集资金临时补充流动资金 到期归还的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 乐凯胶片股份有限公司（以下简称"公司"）于 2024 年 7 月 17 日召开第九届 董事会第十八次会议，审议通过了《关于使用部分闲置募集资金临时补充流动资 金的议案》，同意公司子公司乐凯光电材料有限公司（以下简称"乐凯光电"）使 用闲置募集资金中的 15,000 万元临时补充流动资金，使用期限自该董事会决议 通过之日起不超过十二个月。具体内容详见公司于 2024 年 7 月 18 日在《上海证 券报》及上海证券交易所网站（www.sse.com.cn）披露的《乐凯胶片股份有限公 司 ...

证券代码：600135 证券简称：乐凯胶片 公告编号：2025-031 乐凯胶片股份有限公司 关于子公司使用募集资金临时补充流动资金 到期归还的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 乐凯胶片股份有限公司（以下简称"公司"）于 2024 年 7 月 17 日召开第九届 董事会第十八次会议，审议通过了《关于使用部分闲置募集资金临时补充流动资 金的议案》，同意公司子公司乐凯光电材料有限公司（以下简称"乐凯光电"）使 用闲置募集资金中的 15,000 万元临时补充流动资金，使用期限自该董事会决议 通过之日起不超过十二个月。具体内容详见公司于 2024 年 7 月 18 日在《上海证 券报》及上海证券交易所网站（www.sse.com.cn）披露的《乐凯胶片股份有限公 司关于子公司使用部分闲置募集资金临时补充流动资金的公告》（公告编号： 2024-035）。 乐凯光电于 2024 年 10 月 30 日、2024 年 12 月 26 日、2025 年 1 月 20 日、 2025 年 3 月 20 日、2025 年 4 月 24 日累计提前归 ...

Core Viewpoint - The revival of the LeKai C200 color film after 16 years aligns with the emotional consumption needs of young people, aiming to create a global cultural IP and transform traditional industries in the Beijing-Tianjin-Hebei region [3][5][8] Group 1: Company Overview - LeKai Color Film Co., Ltd. has resumed production of the C200 color film, which will officially debut at the Shanghai International Photography and Digital Imaging Exhibition on July 17 [3][5] - The company aims to become a model for traditional industrial transformation through technological breakthroughs and cultural output, with a strategic focus on "producing products, industries, and culture" [5][8] Group 2: Product Details - The revived LeKai C200 color film features a classic red box with a white label design, offering 36 exposures and targeting entry-level consumers with its warm, saturated colors, fine grain, and high clarity [5][7] - In addition to the film, the company is launching disposable and reusable cameras, with plans to expand into mid-to-high-end products based on market feedback [5][7] Group 3: Market Context - The resurgence of film photography is driven by the Z generation's desire for differentiated expression, as evidenced by the popularity of film grain filters on social media platforms [3][5] - The shift in image consumption from a recording tool to an artistic medium is highlighted by the revival of LeKai's color film, which not only rekindles memories for film enthusiasts but also serves as a practical tool for traditional image education [3][5] Group 4: Technological Advancements - The revival is not merely a return to the past; it represents a new narrative, with LeKai achieving full domestic production of key materials and breakthroughs in nano-coating and environmentally friendly development technologies after 18 months of collaboration with universities [5][8] - The company has successfully navigated the challenges posed by the digital wave that led to its previous shutdown in 2009, demonstrating resilience and innovation in the face of market pressures [5][8]

[Lucky Film 2025 Semi-Annual Performance Pre-Loss Announcement](index=1&type=section&id=Lucky%20Film%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Pre-Loss%20Announcement) [I. Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company forecasts a net loss for H1 2025, with the loss attributable to shareholders expected to increase from the prior year, based on unaudited preliminary estimates Performance Forecast Summary | Indicator | Estimated Amount (Million RMB) | Compared to Prior Year (Million RMB) | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | -57.5 to -48.5 | Loss increased by 16.66 to 25.66 | | **Net Profit Excluding Non-Recurring Items** | -65.79 to -55.29 | - | - The data in this performance forecast represents preliminary estimates by the company's finance department and has not been audited by a certified public accountant[3](index=3&type=chunk) [II. Prior Period Performance Overview](index=1&type=section&id=II.%20Prior%20Period%20Performance%20Overview) In H1 2024, the company reported a net loss attributable to shareholders of RMB -31.8405 million and a non-recurring items excluded net loss H1 2024 Performance Summary | Indicator | H1 2024 Amount (Million RMB) | | :--- | :--- | | **Net Profit Attributable to Shareholders** | -31.8405 | | **Net Profit Excluding Non-Recurring Items** | -42.7177 | | **Earnings Per Share (RMB/share)** | -0.0575 | [III. Primary Reasons for Current Period Pre-Loss](index=1&type=section&id=III.%20Primary%20Reasons%20for%20Current%20Period%20Pre-Loss) The current period pre-loss primarily stems from core business pressures, including reduced gross margins, decreased interest income, and inventory impairment provisions [ (I) Impact of Core Business Operations](index=2&type=section&id=(I)%20Impact%20of%20Core%20Business%20Operations) Declining profitability in core operations is the primary driver of increased losses, stemming from reduced gross margins, decreased interest income, and increased asset impairment losses - The company's main product gross margins decreased year-over-year due to intensified industry competition and high raw material costs[6](index=6&type=chunk) - Due to negative gross margins for solar cell backsheet products, the company recognized impairment provisions for related inventory, leading to increased asset impairment losses[6](index=6&type=chunk) - Interest income decreased in the current period compared to the prior year[6](index=6&type=chunk) [ (II) Impact of Non-Recurring Gains and Losses](index=2&type=section&id=(II)%20Impact%20of%20Non-Recurring%20Gains%20and%20Losses) Non-recurring gains and losses had no significant impact on the company's current period pre-loss - Non-recurring gains and losses had no significant impact on the company's current period pre-loss[6](index=6&type=chunk) [IV. Risk Warning](index=2&type=section&id=IV.%20Risk%20Warning) The company confirms no significant uncertainties currently exist that could affect the accuracy of this performance forecast - The company states there are no uncertain factors affecting the accuracy of this performance forecast[7](index=7&type=chunk) [V. Other Explanatory Notes](index=2&type=section&id=V.%20Other%20Explanatory%20Notes) Investors are advised that the announced data is preliminary, with final accurate financial figures subject to the official 2025 semi-annual report - This forecast data is preliminary, and the final financial figures will be based on the company's officially disclosed 2025 semi-annual report[8](index=8&type=chunk)

Core Viewpoint - The company, LDK Solar, has announced the cessation of its solar cell backplane production due to significant losses, marking the end of its once-promising photovoltaic business and signaling a shift towards new areas such as optoelectronic displays and green dual-carbon initiatives [1][3] Group 1: Company Transition - LDK Solar, once a leader in the film industry, transitioned to the photovoltaic sector in 2011 as traditional imaging materials declined, investing heavily in solar cell backplane projects [1] - The photovoltaic materials segment became a key revenue contributor for over a decade until 2024, when the gross margin turned negative, leading to losses in the solar business [1][3] Group 2: Challenges Faced - The company faced intense competition, declining prices, and reduced demand in the photovoltaic market, compounded by high transportation costs due to the distance from production bases to major market areas [1] - Despite initial attempts to mitigate losses by developing new products, the increasing production volume only exacerbated the financial losses, prompting management to exit the solar business [1] Group 3: Future Directions - LDK Solar is now focusing on expanding into optoelectronic displays and green dual-carbon sectors, having acquired LDK Optoelectronics and invested in a TAC film production line to reduce reliance on imports [3] - In the green dual-carbon field, the company is entering the separation membrane sector, aiming to establish a new business model centered on resource recycling [3] - The company's ability to successfully navigate these new markets will be crucial for its future sustainability and growth [3]

Core Viewpoint - The company, Lekai Film, has decided to exit the solar photovoltaic (PV) business due to increasing competition and declining profitability, shifting its focus towards optoelectronic display and green carbon-neutral new businesses [1][4]. Group 1: Company Background and Business Transition - Lekai Film, originally known for its film products, transitioned to the solar PV industry in 2011, which became a significant revenue source for the company [2][3]. - The company has faced losses due to rising raw material costs and market demand changes, leading to a decline in its core business [2][3]. - The solar battery backplane products have seen a shift from positive to negative gross margins in 2024, prompting the company to halt production of these products [3][4]. Group 2: Financial Performance and Market Conditions - Despite the rapid growth of the solar industry in 2022, prices across the supply chain began to decline, resulting in a significant reduction in profit margins for Lekai Film [2][3]. - The company reported that its solar business, which was once a major revenue contributor, has not provided substantial profits, with increasing competition and transportation costs impacting profitability [3][5]. Group 3: New Business Initiatives - Lekai Film is accelerating its development in optoelectronic display and green carbon-neutral businesses, including the acquisition of 100% of Lekai Optoelectronics and the construction of a new TAC film production line [4][5]. - The company is also entering the high-performance separation membrane sector, which is expected to create a new business ecosystem focused on resource recycling [5][6]. - The TAC film production line is currently operating at full capacity, with projected revenues of 78.19 million yuan in 2024, indicating a profitable venture [5][6].

Core Viewpoint - The company is facing significant challenges in its photovoltaic business, with a notable decline in revenue and profitability, particularly in solar cell backsheet products, which have seen a drastic drop in sales and margins due to increased market competition and price reductions [1][2][3]. Financial Performance - For the fiscal year 2024, the company reported a revenue of 1.485 billion yuan, a nearly 30% decrease year-on-year, and a net loss attributable to shareholders of 62 million yuan, marking two consecutive years of losses [1][2]. - The revenue from solar cell backsheet products plummeted by 76%, with a gross margin dropping by 20 percentage points to -18.13% [1][2]. Inventory and Impairment - As of June 30, 2025, the company identified further impairment signs in its photovoltaic-related inventory, estimating a potential impairment amount not exceeding 3 million yuan, which will be disclosed in the 2025 semi-annual report [1][5]. - The ending inventory balance stood at 308 million yuan, with the provision for inventory impairment increasing from 5.18% at the beginning of the period to 5.58% at the end [1][5]. Market Trends and Competitive Landscape - The solar photovoltaic industry is experiencing a significant downturn, with a 40% drop in component bidding prices and a 33.9% decrease in export value for photovoltaic products [2][3]. - The market for solar cell backsheet products is shrinking, with the share of single-glass components using these products dropping from 60% to 15% [2][3]. Customer and Revenue Analysis - The company’s main customers in the photovoltaic sector have also reported significant declines in revenue and profits, impacting the company's sales [3][4]. - The company operates on a direct transaction model with photovoltaic module manufacturers, which has been adversely affected by the overall market conditions [3][4]. Cost Structure and Pricing - The cost structure for solar cell backsheet products shows that over 70% of costs are attributed to materials, with transportation costs increasing due to geographical factors, adding approximately 0.4 yuan per square meter compared to competitors [5][6]. - The average selling price of solar cell backsheet products has decreased by 20% year-on-year, further squeezing margins [5][6]. Strategic Adjustments - In response to the challenging market environment, the company is optimizing its product structure by ceasing production of unprofitable solar cell backsheet products and actively developing new products [5][6]. - The company is also expanding into new business areas, including high-performance separation membranes, aligning with national carbon neutrality goals [6][7].

立信会计师事务所（特殊普通合伙） 关于乐凯胶片股份有限公司 2024 年年度报告 的信息披露监管问询事项回复 信会师函字[2025]第 ZG141 号 立信会计师事务所(特殊普通合伙) 关于乐凯胶片股份有限公司 2024 年年度报告 的信息披露监管问询事项回复 信会师函字[2025]第 ZG141 号 上海证券交易所: 由乐凯胶片股份有限公司(以下简称"乐凯胶片"或"公司")转来的《关于乐 凯胶片股份有限公司 2024 年年度报告的信息披露监管问询函》(上证公函[2025】 0759 号，以下简称"问询函"）已收悉。立信会计师事务所（特殊普通合伙 ）（以 下简称"我们"或"年审会计师")对于问询函中提到的需要年审会计师发表意见的 问题进行了审慎核查,现根据问询函所涉问题进行回复,具体内容如下: 一、关于经营情况。 年报显示,2024年度公司实现营业收入 14.85亿元,同比下滑近三成,实 现归母净利润-0.62亿元,已连续两年亏损。分产品看,彩色相纸、太阳能电池 背板、医疗影像材料等产品营收均下滑,仅 TAC 膜产品营收增长。其中太阳能 电池背板营收同比下滑 76%,毛利率下降 20个百分点至-18.13%。 ...

证券代码：600135 证券简称：乐凯胶片 公告编号：2025-029 乐凯胶片股份有限公司 关于上海证券交易所对公司 2024 年年度报告 的信息披露监管问询函回复的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 重要内容提示： 公司回复： (1)结合行业趋势、公司经营模式、主要客户情况、成本结构与售价变化等， 比较可比公司情况，量化分析太阳能电池背板产品营收与毛利率大幅下滑的原 因； 公司太阳能电池背板产品营收下滑主要原因是销量、价格下降；毛利率大幅 下降的主要原因是市场竞争加剧，销售价格下降。分析如下： 1)行业趋势 2022 年我国光伏行业高速发展，光伏组件产量、光伏装机量全球领先，但 2022 年各环节价格已出现下滑的趋势。 2023 年，从国内看，制造端与应用端规模扩大，其中组件产量同比增长 58.8%，光伏新增装机 216.88GW，同比增长 148.1%，但中标价格下跌、制造端 产值增速放缓，其中组件中标价格同比降幅超 40%，跌破 1 元/W。光伏制造业 (不含逆变器)产值同比增长 17.1%，低于 2022 年增速的 82 ...

Core Viewpoint - The company is utilizing temporarily idle raised funds for cash management to enhance fund efficiency and generate investment returns without affecting normal operations and maintaining risk control [1][2][10]. Summary by Sections Cash Management Overview - The purpose of cash management is to maximize the use of temporarily idle raised funds while ensuring normal operations and risk control [2]. - The funds used for cash management are sourced entirely from temporarily idle raised funds, specifically from the 2014 non-public stock issuance and the 2018 asset acquisition fundraising [2][3]. Fundraising Details - The total amount raised from the 2014 non-public stock issuance was 62,865 million, with a remaining balance of 30,956,300 as of June 25, 2025 [5]. - The 2018 asset acquisition fundraising had a total investment of 100 million, with a remaining balance of 133,800 as of June 25, 2025 [5][6]. Cash Management Products - The company has engaged China Minsheng Bank to manage cash through structured deposits, with two products totaling 2,488 million [4][5]. - The first product has an expected annual yield of 0.9%-1.6% and a term of 32 days, while the second product has an expected yield of 0.95%-1.65% and a term of 61 days [5][7]. Risk Control Measures - The company has established internal controls to ensure the safety of funds during cash management, including separation of decision-making, execution, and supervision [8]. - The cash management products are low-risk, with a commitment to capital protection, and the company will maintain close contact with the bank to monitor the investment [8][9]. Financial Impact - The cash management initiative is expected to improve fund efficiency and generate returns without adversely affecting the company's main business or fundraising projects [10]. - As of March 31, 2025, the company's cash management payments totaled 2,488 million, representing 2.88% of the total cash [10][11]. Recent Cash Management Performance - In the last 12 months, the company invested 45,138 million in cash management products, with actual returns of 264.88 million [13]. - The highest single-day investment in the last year was 10,470 million, which is 3.61% of the net assets [13].