Core Viewpoint - Rainbow Co., Ltd. is a leading manufacturer of LCD glass substrates and display panels, with a comprehensive production capability across the entire industry chain [1] Group 1: Business Performance - In Q3 2025, Rainbow's revenue reached 8.639 billion yuan, ranking 7th in the industry, while the industry leader BOE Technology Group had revenue of 154.548 billion yuan [2] - The main business composition includes LCD panels generating 4.941 billion yuan (87.23% of revenue) and glass substrates contributing 645 million yuan (11.39%) [2] - The net profit for the same period was 432 million yuan, placing the company 4th in the industry, with the top performer BOE earning 4.405 billion yuan [2] Group 2: Financial Health - As of Q3 2025, Rainbow's debt-to-asset ratio was 40.86%, down from 46.98% year-on-year, which is lower than the industry average of 45.77% [3] - The gross profit margin for Q3 2025 was 17.59%, compared to 22.64% in the previous year, still above the industry average of 14.89% [3] Group 3: Management and Shareholder Information - The chairman, Li Miao, received a salary of 1.5759 million yuan in 2024, an increase of 399,700 yuan from 2023 [4] - The number of A-share shareholders increased by 5.84% to 82,500 as of September 30, 2025, while the average number of shares held per account decreased by 5.52% [5] Group 4: Future Outlook - West Securities forecasts that Rainbow's net profit for the first half of 2025 will decline by 47.59% to 55.23% due to falling TV panel prices and decreased production and sales of G6 glass substrates [6] - The company is expected to maintain a "buy" rating, with projected revenues of 12.997 billion, 14.477 billion, and 16.365 billion yuan for 2025 to 2027, and net profits of 1.429 billion, 2.105 billion, and 2.468 billion yuan respectively [6]

证券日报网讯 10月30日晚间，彩虹股份发布公告称，公司无逾期担保情况。 （文章来源：证券日报） ...

Core Viewpoint - The article discusses the third-quarter financial performance of six major companies in the display panel industry, highlighting their revenue growth, profit changes, and strategic developments. Company Summaries 京东方 (BOE Technology Group) - In Q3, BOE achieved revenue of 53.27 billion yuan, a year-on-year increase of 5.81%, and a net profit of 1.35 billion yuan, up 32.07% [2][3] - For the first three quarters, cumulative revenue reached 154.55 billion yuan, growing by 7.53%, with a net profit of 4.60 billion yuan, an increase of 39.03% [2][3] - The growth was attributed to expanded sales, increased government subsidies, and significant investment income from the disposal of long-term equity investments [2][4] TCL科技 (TCL Technology) - TCL reported Q3 revenue of 50.38 billion yuan, a 17.71% increase, and a net profit of 1.16 billion yuan, up 119.44% [5][6] - Cumulative revenue for the first three quarters was 135.94 billion yuan, a 10.50% increase, with a net profit of 3.05 billion yuan, growing by 99.75% [5][6] - The company noted improvements in the global panel market, with demand recovery and price stabilization, leading to increased production efficiency and profitability [7][8] 深天马 (Shenzhen Tianma) - In Q3, Shenzhen Tianma reported revenue of 9.19 billion yuan, a 13.19% increase, and a net profit of 107 million yuan [9][10] - Cumulative revenue for the first three quarters was 26.66 billion yuan, up 11.03%, with a net profit of 313 million yuan [9][10] - The company is investing in new equipment for its 6th generation OLED panel production line, which is expected to enhance production capacity and efficiency [11][12] 彩虹股份 (Rainbow Optoelectronics) - In Q3, Rainbow Optoelectronics achieved revenue of 2.98 billion yuan, a 1.51% increase, but reported a net loss of 72.29 million yuan [13][14] - For the first three quarters, revenue was 8.64 billion yuan, down 4.04%, with a net profit of 379 million yuan, a decrease of 62.49% [13][14] - The company is focusing on its glass substrate business and has divested 30% of its subsidiary, Rainbow Optoelectronics, to BOE to optimize its business structure [14] 友达光电 (AU Optronics) - AU Optronics reported Q3 revenue of 69.91 billion NTD (approximately 16.2 billion yuan), a 1% increase from Q2 but a 10.1% decrease from Q3 2024, with a net loss of 1.28 billion NTD (approximately 297 million yuan) [15][17] - The company noted that its overall revenue was affected by currency fluctuations and declining panel prices, but cumulative net profit for the first three quarters improved significantly compared to the previous year [17] 和辉光电 (HannStar Display) - In Q3, HannStar achieved revenue of 1.33 billion yuan, a 2.25% increase, but reported a net loss of 530 million yuan [18][20] - Cumulative revenue for the first three quarters was 4 billion yuan, up 8.25%, with a net loss of 1.37 billion yuan [18][20] - The company is focusing on improving production efficiency and has submitted an application for an H-share listing to enhance its international strategy and financing capabilities [20]

证券代码：600707 证券简称：彩虹股份 编号：临 2025-049 号 彩虹显示器件股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 11 月 7 日（星期五）14:00-15:00 投资者可于 2025 年 10 月 31 日至 11 月 6 日 16:00 前登录上证路演中心 网站首页点击"提问预征集"栏目进行会前提问，公司将在业绩说明会上对投资 者普遍关注的问题进行回答。 彩虹显示器件股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发 布了公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 7 日 14:00~15:00 举 行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以网络文字互动形式召开，公司将针对 2025 年第三季度的 经营成果及财务指标的具 ...

证券代码：600707 证券简称：彩虹股份 公告编号：临 2025-050 号 彩虹显示器件股份有限公司 关于为控股子公司提供担保的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 担保对象及基本情况 | | 被担保人名称 | | | 彩虹（合肥）液晶玻璃有限公司（以下简称"合肥液晶"） | | --- | --- | --- | --- | --- | | 担保 对象 | 本次担保金额 | 5,250.00 | 万元 | | | | 实际为其提供的担保余额 | 206,747.03 | 万元 | | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | 本次担保是否有反担保 | □是 | 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股子 公司对外担保总额（万元） | 1,137,401.57 | | 对外担保总额占上市公司最近一期 经审 ...

二、控股股东股权结构变动前后情况 单位：亿元 | 股东名称 | 变更前 | | 变更后 | | | --- | --- | --- | --- | --- | | | 出资额 | 出资比例（%） | 出资额 | 出资比例（%） | | 产投集团 | 20.80 | 67.53 | 30.80 | 100.00 | | 市国资委 | 10.00 | 32.47 | 0.00 | 0.00 | | 合计 | 30.80 | 100.00 | 30.80 | 100.00 | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 彩虹显示器件股份有限公司（以下简称"公司"）于近日接到控股股东咸阳 金融控股集团有限公司（以下简称"咸阳金控"）函告，咸阳金控股权结构发生 了变动。现将有关情况公告如下： 一、控股股东股权结构变动的基本情况 根据咸阳市国有资产监督管理委员会（以下简称"市国资委"）《关于划转 咸阳金融控股集团有限公司国有股权的通知》，市国资委将其持有的咸阳金控 10 亿元国有股权（持股比例为 32.47%）无偿划转至咸阳市产业投资 ...

彩虹显示器件股份有限公司2025 年第三季度报告 证券代码：600707 证券简称：彩虹股份 彩虹显示器件股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同 | | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 期增减变动幅度(%) | 年初至报告期末 | 上年同期增减变动 | | | | | | 幅度(%) | | 营业收入 | 2,974,619,979.71 | 1.51 | 8,639,192,856.75 | -4.0 ...

Company Overview - Rainbow Co., Ltd. (SH 600707) announced that Xi'an City Construction Investment Holding Group Co., Ltd. holds approximately 314 million shares, accounting for 8.76% of the total shares [1] - After the latest pledge, the total number of pledged shares amounts to 116 million, representing 36.9% of Xi'an City's holdings [1] Financial Performance - For the fiscal year 2024, Rainbow Co., Ltd.'s revenue composition is as follows: LCD panels account for 87.49%, substrate glass for 12.78%, and other businesses for 0.91%, with inter-segment eliminations at -1.19% [1] - As of the report date, the market capitalization of Rainbow Co., Ltd. is 21.1 billion [1] Market Context - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology as the main driver reshaping the market dynamics [1]

证券代码：600707 证券简称：彩虹股份 编号：临 2025-048 号 彩虹显示器件股份有限公司 关于持股 5%以上股东部分股份质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 3、截至公告披露日，咸阳城投累计质押股份情况如下： 1 | | | | | | 占其所 | 占公司 | | 已质押股份情况 | 未质押股份情况 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名 | 持股 | 持股 比例 | 本次质押 前累计质 | 本次质押后 累计质押数 | 持股份 | 总股本 | 已质押股 | 已质押股 | 未质押股 | 未质押 | | 称 | 数量 | | | | 比例 | 比例 | 份中限售 | 份中冻结 | 份中限售 | 股份中 | | | | （%） | 押数量 | 量 | | | | | | 冻结股 | | | | | | | （%） | （%） | 股份数量 | 股份数量 | 股份数量 | ...

证券代码：600707 证券简称：彩虹股份 公告编号：临2025-047号 公司董事会对李玉祥先生在任职期间为公司所做出的贡献表示衷心感谢！ 特此公告。 彩虹显示器件股份有限公司（以下简称"公司"）董事会于近日收到公司副总经理李玉祥先生的书面辞职 报告。李玉祥先生因退休原因，辞去公司副总经理职务，辞职后不再担任公司任何职务。 一、提前离任的基本情况 ■ 二、离任对公司的影响 根据《公司法》及《公司章程》等相关规定，李玉祥先生的辞职报告自送达公司董事会之日起生效。李 玉祥先生将按照公司相关规定做好交接工作，其离任不会影响公司正常经营管理。 彩虹显示器件股份有限公司 关于公司高级管理人员离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 彩虹显示器件股份有限公司董事会 二〇二五年十月二十八日 ...