证券代码：688150 证券简称：莱特光电 公告编号：2025-044 陕西莱特光电材料股份有限公司 关于首次公开发行部分限售股上市流通公告 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。 重要内容提示： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 223,094,281股。 本次股票上市流通总数为223,094,281股。 本次股票上市流通日期为2025 年 9 月 18 日。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于2021年12月28日出具的《关于同意陕西莱特光 电材料股份有限公司首次公开发行股票注册的批复》（证监许可［2021］4122号）， 同意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"）首次公 开发行股票的注册申请。公司首次向社会公众公开发行人民币普通股（A股）股票 40,243,759股，并于2022年3月18日在上海证券交易所科创板上市。公司首次公开发 行股票完成后总股本为402,437,585股，其中有限售条件流通股369,741,846股，占公 司 ...

中信证券股份有限公司 关于陕西莱特光电材料股份有限公司 首次公开发行部分限售股上市流通的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为陕西莱特 光电材料股份有限公司（以下简称"莱特光电"或"公司"）首次公开发行股票并 在科创板上市的保荐人，根据《科创板首次公开发行股票注册管理办法（试 行）》、《证券发行上市保荐业务管理办法》及《上海证券交易所科创板股票 上市规则》等有关法律法规和规范性文件的要求，对莱特光电首次公开发行部 分限售股上市流通事项进行了审慎核查，核查情况及发表意见如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2021 年 12 月 28 日出具的《关于同意陕 西莱特光电材料股份有限公司首次公开发行股票注册的批复》（证监许可 ［2021］4122 号），同意陕西莱特光电材料股份有限公司首次公开发行股票 的注册申请。公司首次向社会公众公开发行人民币普通股（A 股）股票 40,243,759 股，并于 2022 年 3 月 18 日在上海证券交易所科创板上市。公司首 次公开发行股票完成后总股本为 402,437,585 股，其中有限售条件流通股 369,74 ...

证券代码：688150 证券简称：莱特光电 公告编号：2025-043 陕西莱特光电材料股份有限公司 关于参加2025年半年度科创板新材料行业 集体业绩说明会的公告 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： 陕西莱特光电材料股份有限公司（以下简称"公司"）已于 2025 年 8 月 20 日 发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半 年度经营成果、财务状况，公司计划于 2025 年 9 月 18 日（星期四）15:00-17:00 参 加 2025 年半年度科创板新材料行业集体业绩说明会，在信息披露允许范围内就投资 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方式召开，公司将针对 2025 年半年度的经营成 果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点和方式 会议召开时间：2025 年 9 月 18 日（星期四）15:00-17:00 会议召开时间 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of RMB 24.82, indicating an expectation of outperforming the market by 10%-20% over the next 6-12 months [1]. Core Views - The company is experiencing steady growth in performance, driven by increased sales of OLED terminal materials and improved domestic production rates of OLED materials. The report highlights the positive development opportunities arising from the rising penetration rate of OLED panels in downstream applications [1][5][10]. Financial Performance Summary - For the first half of 2025, the company achieved revenue of RMB 292 million, representing a year-on-year growth of 18.84%. The net profit attributable to the parent company was RMB 126 million, up 36.74% year-on-year. In Q2 2025, revenue reached RMB 147 million, with a year-on-year increase of 11.73% and a quarter-on-quarter increase of 1.37% [5][10][11]. - The company's gross margin for H1 2025 was 74.72%, an increase of 8.52 percentage points year-on-year, while the net margin was 43.34%, up 5.68 percentage points year-on-year [10]. - The profit distribution plan for H1 2025 includes a cash dividend of RMB 1.8 per 10 shares (before tax) [5]. Future Earnings Forecast - The report adjusts the profit forecast for 2025-2027, estimating net profits of RMB 286 million, RMB 438 million, and RMB 612 million, respectively. The corresponding earnings per share (EPS) are projected to be RMB 0.71, RMB 1.09, and RMB 1.52, with price-to-earnings (PE) ratios of 34.9, 22.8, and 16.3 times [7][9][10]. Market Position and Growth Drivers - The report emphasizes the growing penetration of OLED panels in various sectors, including smartphones, IT devices, and automotive displays. The company’s OLED organic materials revenue for H1 2025 was RMB 276 million, reflecting a year-on-year increase of 29.95% [10][11]. - The company is actively expanding its customer base and product offerings, including new products in the OLED materials segment, which are expected to contribute to future revenue growth [10][11].

Investment Rating - The report indicates a positive outlook for the thermal management materials industry, driven by strong downstream market demand and technological advancements [3][21]. Core Insights - The thermal management materials industry is experiencing sustained growth due to increasing demand from downstream sectors such as consumer electronics, automotive electronics, and data centers. The global thermal management market is projected to grow at a compound annual growth rate (CAGR) of 8.5%, increasing from $17.3 billion in 2023 to $26.1 billion by 2028 [3][21]. - The penetration rates of heat pipes and vapor chambers are continuously rising, with local procurement becoming a significant trend as domestic companies mature technologically [3][21]. Summary by Sections 1. Industry Demand and Growth - The global demand for thermal management materials is on the rise, with a forecasted market size growth from $17.3 billion in 2023 to $26.1 billion by 2028, reflecting a CAGR of 8.5% [3][21]. - The shift towards high-performance, miniaturized, and integrated electronic products is intensifying the need for effective thermal management solutions [3][21]. 2. Market Segmentation - Heat pipes and vapor chambers are becoming mainstream solutions in high-end smartphones, with market sizes expected to reach $3.776 billion and $1.197 billion respectively by 2025, with CAGRs of 6.17% and 14.20% [15][18]. - The thermal interface materials market is projected to grow from $5.2 billion in 2019 to $7.6 billion by 2026, with a CAGR of 5.57% [16][19]. 3. Local Procurement Trends - Local procurement is becoming a dominant trend in the thermal management materials industry, driven by supply chain security concerns among domestic electronic brands [35][36]. - Domestic companies like Suzhou Tianmai and Zhongshi Technology are expected to benefit from this trend as they enhance their technological capabilities [35][36]. 4. Key Beneficiaries - Suzhou Tianmai is highlighted as a key player in the industry, having established itself early in the ultra-thin heat pipe and vapor chamber market, achieving significant production scale and client certifications [4][35].

重要内容提示： 现金分红总额调整情况：维持每10股派发现金红利1.8元（含税）不变， 现金分红总额由72,000,458.10元（含税）调整为71,899,044.48元（含税）。 证券代码：688150 证券简称：莱特光电 公告编号：2025-042 陕西莱特光电材料股份有限公司 关于调整 2025 年半年度利润分配现金分红总额的公告 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。 二、2025 年半年度利润分配方案调整情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号 —回购股份》有关规定，公司回购专用账户中的股份，不享有股东会表决权、利润分 配、公积金转增股本等权利。公司回购专用证券账户中的股份将不参与公司本次利润 分配。 自公司 2025 年半年度利润分配方案披露之日至本公告披露日，因公司通过上海 证券交易所交易系统以集中竞价交易方式回购公司股份 563,409 股，导致公司回购专 用证券账户中股份总数由 2,435,040 股变为 2,998,449 股，故本次实际参与分配的股份 数发 ...

Group 1 - The company announced the convening of its first extraordinary general meeting for 2025 on September 4, 2025 [2] - The meeting will review and approve the proposal regarding the company's profit distribution plan for the first half of 2025 [2]

Group 1 - The law firm Beijing Zhonglun Law Firm was commissioned by Shaanxi Lite Optoelectronic Materials Co., Ltd. to witness the company's first extraordinary general meeting of shareholders in 2025 and issue a legal opinion [2][3] - The legal opinion confirms that the procedures for convening and holding the shareholders' meeting, as well as the qualifications of attendees and voting methods, comply with relevant laws and regulations, including the Company Law and the Articles of Association of the company [4][5] - The meeting was announced through the Securities Daily and the Shanghai Stock Exchange website, detailing the time, location, and voting methods, ensuring full disclosure of the agenda items [4][5] Group 2 - A total of 4 shareholders attended the meeting in person, representing 223,720,802 shares, which is 56.19% of the total voting shares [5] - Additionally, 57 shareholders participated via online voting, representing 21,223,464 shares, which is 5.33% of the total voting shares [5] - The legal opinion states that all participants in the online voting met the qualifications as per legal and regulatory requirements [6] Group 3 - No temporary proposals were made by shareholders during the meeting [6] - The voting process was conducted in accordance with the Company Law and the Articles of Association, with results announced immediately after the voting [6] - The legal opinion concludes that the convening, holding, and voting procedures of the shareholders' meeting are lawful and valid [6]

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 2025 年第一次临时股东会的 法律意见书 2025 年 9 月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 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 2025 年第一临时股东会的 法律意见书 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 ...

中信证券股份有限公司 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展持续 督导工作，并于 2025 年 8 月 19 日现场查看了公司及募投项目情况。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督导职 责，具体内容包括： （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内部控制制度等文件； （3）查阅公司关联交易明细及相关内部审议文件、信息披露文件； 关于陕西莱特光电材料股份有限公司 2025 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为陕西莱特 光电材料股份有限公司（以下简称"莱特光电"或"公司"）首次公开发行股票并 在科创板上市的持续督导保荐人，根据《证券发行上市保荐业务管理办法》《上海 证券交易所科创板股票上市规则》等相关规定，中信证券履行持续督导职责，并出 具本持续督导半年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场检查 的工作要求。 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的权 ...