感谢大家参加本次会议会议即将开始请稍后 感谢大家参加本次会议会议即将开始请稍后感谢大家参加本次会议 免责声明本次电话会议内容仅供广发证券客户参考在任何情况下本次电话会议内容不构成对任何人的投资建议除非法律法规有明确规定 在任何情况下广发证券不对应使用本次电话会议内容而引致的任何损失承担任何责任相关人员不应以本次电话会议内容取代其独立判断或仅根据本次电话会议内容作出决策未经广发证券事先书面许可任何机构或个人不得以任何形式复制、刊登、传播和引用本次电话会议内容 包括未经授权对会议内容进行录音复制未经授权制作或传播会议纪要内容等否则由此造成的一切不良后果及法律责任由私自复制刊登传播和引用者承担广发证券将对未经授权复制制作刊登传播电话会议内容的人员暂停白名单权限事情可暂停所在机构白名单权限 直至相关不良影响得以消除 各位投资机构大家好欢迎参加莱特光电2023年度年度报告及一级报交流会首先简单介绍一下公司莱特光电主要从事欧赖有机材料的研发生产和销售产品主要包括欧赖中端材料和欧赖中间体公司欧赖中端材料涵盖了红绿蓝三色发光层材料空穴传输层材料 空穴阻挡层材料和电子传输层材料等核心功能层材料OLED中间体主要包括刀带类以及非 ...

Investment Rating - The report assigns a "Buy-A" investment rating to the company with a 6-month target price of 25.17 CNY, indicating a potential upside from the current price of 21.82 CNY [4][6]. Core Insights - The company, a leading player in OLED organic materials, has seen significant revenue growth due to increased OLED production capacity and domestic material substitution. The first quarter of 2024 showed a revenue increase of 61.94% year-on-year, with a net profit growth of 85% [3][15][17]. - The company is expected to achieve revenues of 576 million CNY, 825 million CNY, and 1.198 billion CNY for the years 2024, 2025, and 2026, respectively, with corresponding net profits of 184 million CNY, 267 million CNY, and 396 million CNY [6][7]. Financial Performance - In 2023, the company reported a revenue of 301 million CNY, a year-on-year increase of 7.27%, while the net profit was 77 million CNY, reflecting a decline of 26.95% [15]. - The first quarter of 2024 saw revenues of 114 million CNY and a net profit of 44 million CNY, marking substantial growth compared to the previous year [15][17]. - The company maintains a strong market position with a leading production capacity and a diverse product range, including Red Prime and Green Host materials, which have been recognized for their quality [16][17]. Market Context - The OLED production capacity in mainland China is expanding, with major manufacturers like BOE and Huaxing Optoelectronics ramping up their production lines. This growth is expected to drive demand for the company's products [17]. - The company is actively pursuing technological advancements and expanding its customer base, including partnerships with various clients for product testing and validation [17].

Investment Rating - The report maintains a "Recommended" investment rating for the company [1][7]. Core Views - The company is a leading domestic OLED terminal materials provider, with established supply relationships with major panel manufacturers like BOE, indicating strong customer stickiness and scarcity in the market [7]. - The demand for OLED materials is expected to grow significantly due to the increasing penetration of OLED technology in small and medium-sized applications, which will drive the company's revenue growth [20][22]. - The company's revenue for 2023 was 301 million yuan, a year-on-year increase of 7.27%, while the net profit decreased by 26.95% to 77 million yuan. In Q1 2024, revenue surged to 114 million yuan, a year-on-year increase of 61.94%, with net profit rising by 85% to 44 million yuan [3][19]. Financial Performance Summary - The company achieved a revenue of 3.01 billion yuan in 2023, with a projected revenue of 5.82 billion yuan in 2024, reflecting a growth rate of 93.6% [5][32]. - The net profit is expected to rebound significantly, with projections of 194 million yuan in 2024, up from 77 million yuan in 2023, indicating a year-on-year growth of 151.7% [5][32]. - The gross margin is projected to improve from 57.6% in 2023 to 60.7% in 2024, while the net margin is expected to rise from 25.6% to 33.3% in the same period [5][32]. Research and Development - The company emphasizes R&D, with a 40.92% increase in R&D investment in 2023, totaling 50.42 million yuan, which represents 16.77% of its revenue [4]. - In 2023, the company received 140 new invention patents, enhancing its competitive edge in OLED core functional materials [4]. Market Outlook - The report anticipates that the company's net profit will reach 362 million yuan by 2026, with corresponding EPS of 0.90 yuan, indicating a strong growth trajectory [7][32]. - The increasing adoption of OLED technology in consumer electronics is expected to sustain demand for the company's products, contributing to stable revenue growth [19][20].

(一) 个人工作履历、专业背景以及兼职情况 本人卫蝉,女,1977年12月出生,中国国籍,无境外永久居留权,本科。本科 毕业于西安统计学院投资经济专业并取得学士学位。2000年7月至2005年8月任中 国石油天然气股份有限公司陕西销售分公司财务主管;2005年9月至2007年8月任 击华会计师事务所项目经理;2007年9月至2021年9月任信永中和会计师事务所 (特殊普通合伙)部门经理。2021年10月至今任信永中和会计师事务所(特殊普通 合伙)合伙人。2020年11月至今任公司独立董事。 (二)是否存在影响独立性的情况说明 作为公司的独立董事,本人未在公司担任除独立董事以外的任何职务,与公司及 公司主要股东之间不存在妨碍独立董事进行独立客观判断的关系。本人具有《上市公 司独立董事管理办法》《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》《公司章程》及《独立董事工作制度》所要求的独立性和担任公司独立董事的 任职资格,能够确保客观、独立的专业判断,不存在影响独立性的情况。 二、独立董事年度履职概况 (一) 出席董事会、股东大会会议情况 陕西莱特光电材料股份有限公司 2023年度独立董事述职报告( ...

陕西莱特光电材料股份有限公司（以下简称"公司"）聘请中汇会计师事务所（特 殊普通合伙）（以下简称"中汇会计师事务所"）作为公司 2023 年度财务报告出具审 计报告的会计师事务所。根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司治理准则》《国有企业、上市公司选聘会计师事务所管理办法》等规定和 要求，董事会审计委员会本着勤勉尽责的原则，恪尽职守，认真履职。现将董事会审 计委员会对会计师事务所履行监督职责的情况汇报如下： 一、2023 年年审会计师事务所基本情况 | 事务所名称 | | | | 中汇会计师事务所(特殊普通合伙) | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | 年 2013 | 12 | 月 | 日 19 | | 组织形式 | | | | 特殊普通合伙 | | 注册地址 | 杭州市上城区新业路 | | | | 8 | 号华联时代大厦 | A | 幢 | 601 室 | | | 首席合伙人 | 余强 | | | | 上年末合伙人数量 | | | | | ...

关于陕西莱特光电材料股份有限公司 非经营性资金占用及其他关联资金往来情况的专项审核说明 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5–8, 12 and 23, Block A, UDC Times Building, No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 Fax. 0571-88879000 www.zhcpa.cn 关于陕西莱特光电材料股份有限公司 非经营性资金占用及其他关联资金往来情况的专项审核说明 中汇会专[2024]5142号 陕西莱特光电材料股份有限公司全体股东: 我们相信,我们获取的审计证据是充分、适当的,为发表专项审核意见提供了 合理的基础。 三、专项审核意见 我们接受委托,审计了陕西莱特光电材料股份有限公司(以下简称"莱特光 电")2023年度财务报表,并出具了中汇会审[2024]5141号无保留意见的审计报告, 在此基础上对后附的莱特光电管理层编制的《2023年度非经营性资金占用及其他关 联资金往来情况汇总表》(以下简称汇总表)进行了审核。 一、管理层的 ...

| | 页 次 | | --- | --- | | 一、年度募集资金存放与实际使用情况鉴证报告 | 1-3 | 二、陕西莱特光电材料股份有限公司关于 2023 年度募集资金 存放与实际使用情况的专项报告 4-10 陕西莱特光电材料股份有限公司 年度募集资金存放与实际使用情况鉴证报告 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5~8, 12 and 23, Block A, UDC Times Building, No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 Fax. 0571-88879000 www.zhcpa.cn 录 目 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5~8, 12 and 23. Block A, UDC Times Building, No. 8 Xinye Road, Qianjiang New City, Hangzhou Tel. 0571-88879999 Fax. 0571-88879000 www.zhc ...

内部控制审计报告 中国杭州市钱江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5–8, 12 and 23. Block A. UDC Times Building, No. 8 Xinye Road, Qianjiang New City. Hangzhou Tel. 0571-88879999 Fax. 0571-88879000 www.zhcpa.cn 您可使用手机"扫一扫" 此码用于证明该审计报告是否由具有执业许可的会计师事务所出 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）" 进行者 浙24PKE6BVEH 内部控制审计报告 陕西莱特光电材料股份有限公司 内部控制具有固有局限性,存在不能防止和发现错报的可能性。此外,由于 情况的变化可能导致内部控制变得不恰当,或对控制政策和程序遵循的程度降低, 根据内部控制审计结果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为,莱特光电于2023年12月31日按照《企业内部控制基本规范》和相 关规定在所有重大方面保持了有效的财务报告内部控制。 中汇会 ...

陕西莱特光电材料股份有限公司 2023 年度独立董事沭职报告(于璐瑶) 本人作为陕西莱特光电材料股份有限公司(以下简称"公司")的独立董事,在任 职期内严格依照《公司法》《证券法》《上市公司独立董事管理办法》《上海证券交 易所科创板股票上市规则》等法律法规及《公司章程》《独立董事工作制度》的有关 规定,忠实、勤勉、尽责地履行独立董事职责,积极出席公司 2023年度召开的董事 会及董事会专门委员会相关会议,认真审议董事会各项议案,充分发挥了独立董事的 专业优势及独立作用,切实维护了公司和股东的合法权益。现将 2023 年度履职情况 报告如下: 一、独立董事的基本情况 (一)个人工作履历、专业背景以及兼职情况 作为公司的独立董事,本人未在公司担任除独立董事以外的任何职务,与公司及 公司主要股东之间不存在妨碍独立董事进行独立客观判断的关系。本人具有《上市公 司独立董事管理办法》《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》《公司章程》及《独立董事工作制度》所要求的独立性和担任公司独立董事的 任职资格,能够确保客观、独立的专业判断,不存在影响独立性的情况。 二、独立董事年度履职概况 (一)出席董事 ...

Financial Performance - The company's operating revenue for 2023 was CNY 300,677,120.16, representing a 7.27% increase compared to CNY 280,298,282.75 in 2022[21]. - The net profit attributable to shareholders for 2023 decreased by 26.95% to CNY 77,045,841.52 from CNY 105,475,890.82 in 2022[21]. - The basic earnings per share for 2023 was CNY 0.19, down 29.63% from CNY 0.27 in 2022[22]. - The diluted earnings per share for 2023 was also CNY 0.19, reflecting the same decline of 29.63% compared to the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 56,296,112.55, a decrease of 26.41% from CNY 76,496,006.38 in 2022[21]. - The company's total assets increased by 1.79% to CNY 1,942,657,636.97 at the end of 2023, compared to CNY 1,908,511,163.91 at the end of 2022[21]. - The net cash flow from operating activities dropped significantly by 63.25% to CNY 66,324,331.99, primarily due to a decline in sales and extended customer payment terms[23]. - The company's main business revenue reached ¥277,062,489.58, reflecting a year-on-year growth of 14.21%, with main business costs increasing by 32.42% to ¥109,386,078.02[110]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.60 per 10 shares, totaling RMB 24,094,127.10, which represents 31.27% of the net profit attributable to shareholders for 2023[6]. - The total amount of cash dividends, including share repurchase, is RMB 54,098,790.26, accounting for 70.22% of the net profit attributable to shareholders for 2023[7]. Research and Development - Research and development expenses accounted for 16.77% of operating revenue in 2023, an increase of 4.01 percentage points from 12.76% in 2022[23]. - The total R&D investment for the year reached ¥50,416,859.80, a 40.92% increase from ¥35,777,843.27 in the previous year, with R&D expenses accounting for 16.77% of total revenue, up by 4.01 percentage points[74]. - The company obtained 140 invention patents and filed 167 new invention patent applications during the reporting period, enhancing its intellectual property portfolio[34]. - The company is actively developing blue phosphorescent materials to enhance luminous efficiency and color purity, with ongoing research into longer-lifespan blue phosphorescent materials[66]. - The company has developed high-purity perovskite materials with a purity of ≥99.9% and solar cell device efficiency of ≥17.0%[81]. Corporate Governance - The board of directors and supervisory board members have confirmed the accuracy and completeness of the annual report[4]. - The company has established a governance structure that includes a board of directors, a supervisory board, and specialized committees, ensuring compliance with relevant laws and regulations[156]. - The company has revised and improved its internal governance systems, including the Articles of Association and investor relations management system, to strengthen governance foundations[156]. - The company has implemented a comprehensive safety management system to ensure production safety and enhance employee safety awareness[153]. - The company held three shareholder meetings during the reporting period, including two extraordinary meetings and one annual meeting, all of which complied with legal and regulatory requirements[159]. Market Position and Strategy - The company has established differentiated competitive advantages in the OLED market, focusing on customer needs and expanding its product structure to provide advanced high-quality patented products[36]. - The company is actively exploring new business directions, including perovskite materials and related equipment development, to expand its market opportunities[35]. - The company has established partnerships with BOE for blue phosphorescent technology development and with Tianjin University for perovskite material research[35]. - The OLED industry is experiencing rapid growth, with domestic companies gradually increasing their market share and core competitiveness in the OLED material supply chain[51]. - The company aims to expand its market presence and improve production efficiency in the renewable energy sector through ongoing equipment development[81]. Risks and Challenges - The company has not reported any significant risks during the reporting period[4]. - The company faces risks related to core technology leakage and the potential loss of key technical personnel[92][93]. - The company is at risk of declining product prices due to annual price reductions stipulated in contracts with BOE[96]. - Environmental and safety production risks are present due to the nature of the manufacturing process[98]. - The company may face increased inventory impairment risks due to rapid technological updates and market demand changes[103]. Employee Management - The total number of employees in the parent company and major subsidiaries is 365, with 192 in the parent company and 173 in subsidiaries[188]. - The employee training program is tailored to align with the company's strategic goals, enhancing individual capabilities and management skills[191]. - The company emphasizes a performance-driven compensation policy to attract and retain talent, ensuring competitive salary structures[190]. - The number of R&D personnel increased to 101, with a total R&D personnel compensation of RMB 20.62 million, up from RMB 16.26 million in the previous year[84]. Acquisitions and Partnerships - The company completed an acquisition of a smaller competitor for $150 million, enhancing its market position[164]. - A new strategic partnership was formed with a leading tech firm to co-develop innovative products[164]. - The company has formed strategic partnerships with universities for collaborative research, enhancing its technological capabilities[86]. Financial Management - The company has enhanced its internal control systems and governance structure, ensuring compliance with legal regulations and improving overall financial management[41]. - The company has a total of 368,787,500.77 RMB in restricted assets, primarily due to loan collateral[138]. - The company reported a significant increase in other intermediates' revenue, which surged by 1,115.68% to ¥19,736,487.49, driven by increased sales volume[114].