证券代码：688150 证券简称：莱特光电 公告编号：2026-012 陕西莱特光电材料股份有限公司 关于变更持续督导保荐代表人的公告 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。 陕西莱特光电材料股份有限公司（以下简称"公司"）于近日收到中信证券股 份有限公司（以下简称"中信证券"）出具的《关于更换持续督导保荐代表人的函》。 附件： 程欣先生简历 程欣，男，保荐代表人，证券执业编号：S1010721020022，现任中信证券投资 银行管理委员会高级副总裁，2015 年开始从事投资银行业务，参与的项目包括：永 兴股份 IPO 项目、亚光科技并购重组、胜利股份并购重组、华仁药业配股项目等。 程欣先生在保荐业务执业过程中严格遵守《证券发行上市保荐业务管理办法》等相 关规定，执业记录良好。 中信证券作为公司首次公开发行股票并在科创板上市项目（以下简称"首发上 市项目"）的保荐人，原委派保荐代表人王珺珑先生、刘纯钦先生负责持续督导工 作，法定持续督导期至 2025 年 12 月 31 日，鉴于公司募集资金尚未使用完毕，中信 证券在持 ...

证券代码：688150 证券简称：莱特光电 公告编号：2026-011 陕西莱特光电材料股份有限公司 2026年第一次临时股东会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2026 年 3 月 16 日 （二） 股东会召开的地点：西安市高新区隆丰路 99 号陕西莱特光电材料股份有限 公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及其持 有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 126 | | --- | --- | | 普通股股东人数 | 126 | | 2、出席会议的股东所持有的表决权数量 | 262,070,462 | | 普通股股东所持有表决权数量 | 262,070,462 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例 | 65.8197 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 65.8 ...

北京市中伦律师事务所 关于陕西莱特光电材料股份有限公司 2026 年第一次临时股东会的 法律意见书 2026 年 3 月 北京市中伦律师事务所 关于陕西莱特光电材料股份有限公司 本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出具日 以前已发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用 原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、完整， 所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗漏。 本所律师同意将本法律意见书作为公司本次股东会的必备法律文件予以公告，并 依法对本法律意见书承担相应的责任。 法律意见书 一、 本次股东会的召集、召开程序 2026 年第一次临时股东会的 法律意见书 致：陕西莱特光电材料股份有限公司 北京市中伦律师事务所（下称本所）接受陕西莱特光电材料股份有限公司（下 称公司）委托，指派本所律师见证了公司 2026 年第一次临时股东会，并出具本 法律意见书。 为出具本法律意见书，本所律师见证了公司 2026 年第一次临时股东会，并 根据《中华人民共和国 ...

Investment Rating - The report maintains a positive outlook on energy engineering and energy materials, suggesting potential for revaluation in the sector [2][13]. Core Insights - The transition of engineering companies from traditional construction to renewable energy infrastructure is significantly altering revenue structures. For instance, China Energy Engineering's renewable energy business revenue is projected to exceed 32% by the first half of 2025, up from 22.7% in 2022. The total new contracts signed in 2025 are expected to reach 1.45 trillion yuan, with renewable energy contracts accounting for over 40% [2][13]. - The business model is shifting towards integrated investment, construction, and operation. Companies like North International and China Power Construction are leading examples, with projects such as the Croatian wind farm demonstrating this model. The average project size in renewable energy has increased to 360 million yuan, compared to 220 million yuan in 2021 [3][14]. - The international expansion of energy engineering is becoming a hallmark of Chinese infrastructure. For example, China Energy Engineering's overseas revenue share is projected to be 15% in the first half of 2025, up from 12.8% in 2022 [4][15]. Summary by Sections Weekly Discussion - The report emphasizes the ongoing transformation in energy engineering and materials, highlighting the structural changes in revenue and order composition within companies like China Energy Engineering [2][13]. Cycle Linkage - The report provides insights into various materials, noting that the national average price of cement is 337 yuan per ton, down 60 yuan year-on-year, with an average shipment rate of 24.7% [5][17]. - The average price of float glass is reported at 1177.42 yuan per ton, reflecting a slight increase, while the inventory days for monitored provinces have decreased [5][17]. Market Performance - The construction materials index has shown a decline of 1.33%, with specific segments like glass manufacturing and cement showing varied performance [20][21]. Price Changes in Construction Materials - Cement prices have seen a slight decrease, with regional variations noted, while float glass prices have been supported by rising costs, particularly due to geopolitical events affecting energy prices [30][40].

Investment Rating - The report does not explicitly state an investment rating for the chemical industry, but it provides various investment suggestions based on the analysis of different segments within the industry [6]. Core Insights - The petrochemical industry is a pillar of the national economy, with a significant economic volume, long industrial chain, and wide product variety, impacting supply chain security, green development, and public welfare [8]. - The report identifies four major directions related to the chemical industry based on the "14th Five-Year Plan": security assurance in key areas, comprehensive rectification of "involution" competition, domestic substitution of new materials, and green low-carbon economy [8]. Summary by Sections 1. National Economic Pillar Industry - The petrochemical industry is crucial for economic stability, with projected revenues of 15.7 trillion yuan in 2025, a 3% decrease year-on-year, and total profits of 702.09 billion yuan, down 9.6% [8]. 2. Strengthening Strategic Material Supply - The "14th Five-Year Plan" aims for a grain production capacity of 1.45 trillion jin and energy production capacity of 5.8 billion tons of standard coal, emphasizing the importance of fertilizer supply stability and energy resource security [9]. - Key companies to watch include Hualu Hengsheng, Yuntianhua, and China Petroleum, focusing on fertilizer supply and oil and gas production [9][11]. 3. Comprehensive Rectification of "Involution" Competition - The report suggests that the PTA industry is expected to see an upward correction in demand due to improved supply and demand conditions, with a projected capacity of 90.35 million tons and production of 73.42 million tons by 2025 [43][44]. - The polyester filament industry is becoming more concentrated, which may lead to a more orderly market supply, with a production capacity of 53.16 million tons by 2025 [48][49]. 4. Empowering Emerging Industries and Accelerating Domestic Substitution of New Materials - The report highlights the potential for new materials such as PEEK and electronic-grade PPO to drive growth in emerging industries, with significant investment opportunities in companies like Zhongyan Co., Guo'en Co., and Watte Co. [10]. 5. Accelerating Green Low-Carbon Transition - The "14th Five-Year Plan" emphasizes achieving carbon peak targets, with a focus on clean energy systems and reducing carbon emissions by 17% per unit of GDP by 2025 [10]. - Companies like Satellite Chemical and Wanhua Chemical are noted for their competitive advantages in green low-carbon production [10].

证券代码：688150 证券简称：莱特光电 公告编号：2026-010 陕西莱特光电材料股份有限公司 关于 2023 年员工持股计划第二期锁定期届满的提示 性公告 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、准确性和完整性依法承担法律责任。 陕西莱特光电材料股份有限公司（以下简称"公司"或"莱特光电"）分别于 2023 年 12 月 29 日、2024 年 1 月 15 日召开了第四届董事会第二次会议、第四届 监事会第二次会议和 2024 年第一次临时股东大会，审议通过了《关于公司<2023 年员工持股计划（草案）>及其摘要的议案》及其相关议案，同意公司实施 2023 年员工持股计划（以下简称"本员工持股计划"）。具体内容详见公司于上海证 券交易所网站（www.sse.com.cn）及指定信息披露媒体上披露的相关公告。 根据中国证监会《关于上市公司实施员工持股计划试点的指导意见》及《上 海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》及本员工持股 计划的规定，本员工持股计划的第二期锁定期将于 2026 年 3 月 14 日届满，解锁 日为 ...

Investment Rating - The report emphasizes low valuation companies in the energy sector with a PE ratio below 20X for the 2026 profit forecast [2] Core Insights - The report highlights the importance of "selling shovel" companies in the coal chemical sector, particularly in the context of fluctuating oil prices, which significantly impact the economic viability of coal chemical projects [3][13] - It identifies several key players in the energy engineering sector, including Donghua Technology, China Energy Engineering, and China Chemical, which are involved in significant projects and are expected to see revenue growth [3][13] - The report also discusses the energy materials sector, noting that companies like Keda Manufacturing and Changbao Co. are experiencing improvements due to unexpected changes in demand [4][14] - AI new materials are highlighted as having a price increase expectation, with specific references to electronic fabrics and copper foil, indicating a strong cycle of inflation in these sectors [4][14] Summary by Sections Energy Engineering - Focus on coal chemical projects, particularly coal-to-olefins, coal-to-oil, and coal-to-natural gas, with economic viability tied to oil prices above $80 per barrel [3][13] - Key companies include: - Donghua Technology: Expected revenue of 10 billion with a 13% increase in 2025 [3][13] - China Energy Engineering: Largest green hydrogen and ammonia project globally [3][13] - Other notable mentions include China Chemical, Sanwei Chemical, and local mining companies in Xinjiang [3][13] Energy Materials - Companies like Keda Manufacturing are benefiting from the growing demand for energy storage materials [4][14] - The report notes the potential for price increases in AI materials, particularly in electronic fabrics and copper foil, driven by ongoing inflationary pressures [4][14] Market Performance - The cement sector shows a national average price of 338 RMB/ton, with a year-on-year decrease of 52 RMB/ton and a slight month-on-month decline [15][18] - The glass market sees a slight increase in prices, with the average price for float glass at 1174.93 RMB/ton, reflecting a 0.89% increase [15][36] - The report indicates a mixed performance across various building materials, with the construction index down by 6.21% [18][24]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The titanium dioxide industry has initiated its first collective price increase of the year, with domestic prices rising by 500 CNY/ton and international prices by 100 USD/ton [3] - A historic disruption in the global natural gas supply chain occurred due to an attack on Qatar's energy facilities, leading to a 50% increase in European natural gas prices and an 8% rise in Brent crude oil prices [3] - The domestic tire industry shows strong competitiveness, with recommended companies including Sailun Tire, Senqilin, General Motors, and Linglong Tire [4] - The consumer electronics sector is expected to gradually recover, with a focus on upstream material companies benefiting from the recovery in the panel supply chain [4] - The report highlights the resilience of certain cyclical industries, particularly in the phosphorous chemical sector, which is supported by environmental policies limiting supply [6] Summary by Sections Chemical Sector Market Review - The Shanghai Composite Index fell by 0.93%, with the CITIC Basic Chemical Index down by 2.27% [12] - The top-performing sub-industries included synthetic resins (6.9%) and chlor-alkali (3.53%), while electronic chemicals (-7.91%) and membrane materials (-7.5%) were the worst performers [15] Key Sub-Industry Market Review Tires - Full steel tire production load in Shandong increased to 66.41%, while semi-steel tire production load reached 73.52% [52] Fertilizers - Urea prices rose to 1853.5 CNY/ton, with a production load of 93.62% [67] - Phosphate prices for monoammonium phosphate and diammonium phosphate increased to 3892.5 CNY/ton and 4381.88 CNY/ton, respectively [70] Vitamins - Vitamin A price remained stable at 60.5 CNY/kg, while Vitamin E increased by 15.65% to 66.5 CNY/kg [82] Fluorochemicals - Fluorspar prices rose to 3475 CNY/ton, with a production load of 8.07% [84] Organic Silicon - The organic silicon market is experiencing price increases due to production cuts, with DMC prices reported at 14000-14300 CNY/ton [97]

[Table_Info1] 莱特光电(688150) 光学光电子/电子 [Table_Title] 证券研究报告 / 公司点评报告 投资 10 亿加码石英布，积极拥抱算力大时代 --- 莱特光电投建石英布研发中心及生产基地点评 [Table_Summary] 事件 [Table_Invest]买入 上次评级：买入 2026 年 2 月 8 日公司发布公告，计划投资莱特光电石英布研发中心及 生产基地项目，项目总投资 10 亿元（含土地出让金、厂房建设及设备 购置费等，最终以实际投资额为准。拟分 2-3 个阶段投入，第 1 阶段投 资规划约 4 亿元，后续投入根据产能及实际情况推进，全部建设投资预 计 2-3 年完成）。实施主体是陕西莱特夸石材料有限公司，投建完成后 预计年产 Q 布 1200 万米。 点评 公司积极践行"新材料平台型企业"发展战略，紧抓半导体产业发展机 遇，进一步拓宽业务布局。随着 AI 服务器、高速网络设备等算力基础设 施向更高性能迈进，对信号传输速率的要求也日益提高。当前，AI 服务 器正从传统的 CPU 架构向 GPU 集群架构升级，PCB 板层数从 14-24 层 增加至 20-30 层 ...

证券代码：688150 证券简称：莱特光电 陕西莱特光电材料股份有限公司 2026 年第一次临时股东会 会议资料 2026 年 3 月 | 会议须知 2 | | --- | | 陕西莱特光电材料股份有限公司 2026 年第一次临时股东会会议议程 4 | | 议案》 6 | 会议须知 为保障陕西莱特光电材料股份有限公司（以下简称"公司"）全体股东的合法权 益，维护股东会的正常秩序，保证股东会如期、顺利召开，根据《中华人民共和国 公司法》（以下简称《公司法》）《中华人民共和国证券法》（以下简称《证券法》） 《陕西莱特光电材料股份有限公司章程》（以下简称《公司章程》）以及《陕西莱 特光电材料股份有限公司股东会议事规则》等相关规定，特制定本须知。 一、为确认出席本次股东会的股东或其代理人或其他出席者的出席资格，会议 工作人员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。出席 会议的股东及股东代理人须在会议召开前 30 分钟到会议现场办理签到手续，并请按 规定出示身份证明文件或法人单位证明、授权委托书等，经验证后方可出席会议。 二、为保证本次股东会的严肃性和正常秩序，切实维护股东的合法权益，务请 出席股东 ...