Investment Rating - The report maintains a rating of "Increase" for the company [4] Core Views - The company's material business shows steady growth, while the equipment business faces short-term pressure due to market conditions [2][10] - The OLED industry is experiencing a positive trend, with increasing demand for OLED materials driven by the rising production line utilization rates among domestic panel manufacturers [3][9] - The company has successfully secured a significant order for 8.6 generation evaporation source equipment, which is expected to positively impact its performance in 2025 and 2026 [2][8] Financial Summary - The company reported a revenue of 533 million yuan in 2024, a year-on-year increase of 3.0%, while the net profit attributable to shareholders was 90 million yuan, a decrease of 26.0% [1] - For Q1 2025, the company achieved a revenue of 15.3 million yuan, a year-on-year decline of 40.71%, but a quarter-on-quarter increase of 121.83% [1] - The projected revenue growth rates for the coming years are 47.0% in 2025, 41.8% in 2026, and 19.4% in 2027 [1] - The company's gross margin for 2024 is expected to be 51.22%, down 5.24 percentage points year-on-year, primarily due to changes in product mix [2] Business Segment Performance - The organic light-emitting materials segment achieved a revenue of 340 million yuan in 2024, reflecting a year-on-year growth of 7.05% [2] - The evaporation source equipment segment reported a revenue of 169 million yuan, a decline of 15.0% compared to the previous year [2] - The company is actively developing new products in packaging materials and perovskite materials, which are expected to contribute to revenue growth starting in 2025 [3][9] Market Trends - The global smartphone OLED panel shipment is projected to reach 834 million units in 2024, with a year-on-year growth of 27% [9] - The penetration rate of OLED technology in laptops is expected to exceed 5% by 2027, indicating strong growth potential in this segment [9] - The overall investment in OLED display panels has surpassed one trillion yuan globally, with sustained high capital input anticipated in the foreseeable future [9]

Core Points - The company announces the retirement of core technical personnel Qian Haitao, who will no longer be recognized as a core technical staff member due to personal reasons and has completed the handover of his responsibilities [1][2][3] - Qian Haitao has no shareholding in the company as of the announcement date [2] - The company emphasizes that Qian Haitao's departure will not impact its technical research, product innovation, core competitiveness, or ongoing operational capabilities [2][3] Personnel Changes - The number of core technical personnel in the company has decreased from 9 to 8 following Qian Haitao's retirement [3][4] - The company has a well-structured and experienced R&D team, with 120 R&D personnel, accounting for nearly 24% of the total workforce [2][3] Company Measures - The company has ensured that all responsibilities held by Qian Haitao have been properly handed over, and ongoing projects are progressing normally [4] - The company will continue to enhance its R&D system and team to support ongoing and future core technology development [4] Sponsor Institution's Opinion - The sponsor institution has verified that the adjustment of core technical personnel will not adversely affect the company's daily operations, ongoing capabilities, R&D strength, or core competitiveness [4]

Group 1 - The core viewpoint of the article is that the departure of core technical personnel, specifically Mr. Qian Haitao, will not adversely affect the company's daily operations, ongoing capabilities, or core competitiveness [1][4] - Mr. Qian Haitao, who reached the legal retirement age, has completed the handover of his responsibilities, and his departure is due to personal reasons [1][2] - The company has a well-structured and experienced R&D team, with 120 R&D personnel, accounting for nearly 24% of the total workforce, ensuring that there is no single dependency on specific core technical personnel [2][3] Group 2 - The company has successfully completed the handover of all tasks previously managed by Mr. Qian, and all ongoing projects are progressing normally [3][4] - The number of core technical personnel has decreased from 9 to 8, with the remaining personnel maintaining a complete and capable structure to support current and future core technology development [3][4] - The company emphasizes continuous improvement in its R&D system and team to drive ongoing innovation [4]

Group 1 - The company announced a share repurchase plan with a total expected amount between 50 million to 100 million RMB [1][2] - The repurchase is intended for employee stock ownership plans or equity incentives, not for reducing registered capital [1] - As of May 9, 2025, the company has repurchased a total of 2,219,899 shares, representing 1.07% of the total share capital of 208,148,221 shares [2] Group 2 - The repurchase price range was between 18.09 RMB and 23.68 RMB per share, with a maximum repurchase price set at 33 RMB per share [1][2] - The repurchase plan was first disclosed on January 21, 2025, and is valid for 12 months following board approval [1] - The total amount spent on repurchased shares so far is 45,817,732.94 RMB, excluding transaction fees [2]

证券代码：688378 证券简称：奥来德 公告编号：2025-028 吉林奥来德光电材料股份有限公司 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： 截至 2025 年 5 月 9 日,公司通过集中竞价交易方式已累计回购股份 2,219,899 股，占公司总股本 208,148,221 股的 1.07%，与上次回购进展公告披露数相比增加 0.15%。回购成交的最高价为 23.68 元/股，最低价为 18.09 元/股，支付的资金总额 为人民币 45,817,732.94 元(不含印花税、交易佣金等交易费用)。 上述回购事项符 合法律法规的有关规定及公司回购股份方案。 关于以集中竞价交易方式回购公司股份比例达到 1% 暨股份回购进展公告 一、回购股份的基本情况 2025年1月20日，公司召开第五届董事会第九次会议，审议通过了《关于以集 中竞价交易方式回购公司股份方案的议案》。同意公司使用不低于人民币5,000万元， 不超过人民币10,000万元的自有资金和回购专项贷款以集中竞价交易方式回购公 司股份，回购价格不超 ...

广发证券股份有限公司 关于吉林奥来德光电材料股份有限公司核心技术人员变动的 核查意见 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》《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》等 有关规定要求，广发证券股份有限公司（ 以下简称（ 广发证券"或（ 保荐机构"） 作为吉林奥来德光电材料股份有限公司 以下简称 奥来德"或 公司"）的持 续督导保荐机构，认真、审慎核查了奥来德核心技术人员变动事项，核查情况及 核查意见如下： 一、 核心技术人员离任的具体情况 钱海涛先生，1962 年出生，中国国籍，无境外永久居留权，本科学历，电力 部工程系列电力机械专业高级工程师。1985 年 7 月至 1994 年 8 月任长春发电设 备总厂工艺科工艺员、设计科主设计师，1994 年 8 月至 1999 年 2 月任吉林省电 力机械总公司电站设备处处长，1999 年 2 月至 2017 年 7 月任吉林省华能电站设 备有限责任公司总经理，2017 年 8 月起任公司全资子公司上海升翕质检部兼外 协部经理。 公司核心技术人员钱海涛先生已达到法定退休年龄，退休返聘劳务合同于近 日到期，因 ...

证券代码：688378 证券简称：奥来德 公告编号：2025-029 吉林奥来德光电材料股份有限公司 关于核心技术人员变动的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 一、核心技术人员离任的具体情况 公司核心技术人员钱海涛先生已达到法定退休年龄，退休返聘劳务合同于近 日到期，因个人原因不再续签，公司不再认定其为核心技术人员，且钱海涛先生 不再担任公司任何职务。公司及董事会对钱海涛先生任职期间为公司发展所做出 的努力和贡献表示衷心感谢。 （一）核心技术人员的具体情况 钱海涛先生，1962 年出生，中国国籍，无境外永久居留权，本科学历，电 力部工程系列电力机械专业高级工程师。1985 年 7 月至 1994 年 8 月任长春发电 设备总厂工艺科工艺员、设计科主设计师，1994 年 8 月至 1999 年 2 月任吉林省 电力机械总公司电站设备处处长，1999 年 2 月至 2017 年 7 月任吉林省华能电站 1 吉林奥来德光电材料股份有限公司（以下简称公司）核心技术人员钱海 涛先生已达到法定退休年龄 ...

奥来德公告，公司于2025年1月20日董事会审议通过股份回购方案，计划以5000万元至1亿元资金，通过 集中竞价方式回购股份，用于员工持股计划或股权激励。截至2025年5月9日，公司累计回购221.99万 股，占公司总股本的1.07%，回购价格区间为18.09元/股至23.68元/股，累计使用资金4581.77万元(不含 交易费用)。公司将根据市场情况继续实施回购，并及时披露相关进展情况。 ...

Core Viewpoint - The "Smart Consumption Industry Week" performance briefing highlighted the positive development signals in the smart consumption sector, showcasing the technological innovations and market expansions of participating companies [1] Group 1: Industry Trends - The "Artificial Intelligence +" initiative aims to accelerate the development and application of new technologies in the smart consumption sector, creating high-growth consumption opportunities [2] - The automotive industry's shift towards electrification and intelligence has opened a strategic window for the in-car projection market, with leading companies like XGIMI focusing on smart cockpit and smart lighting projections [3] Group 2: Company Performance - Hengxuan Technology reported a net profit of 191 million yuan in Q1 2025, a 590% increase year-on-year, driven by the rise of smart wearable devices and supportive national policies [2] - Zhuhai Guanyu continues to enhance its competitive edge in consumer batteries while developing sodium-ion and solid-state batteries, aiming for stable and efficient power supply in low-temperature scenarios [4] - Aolaide has maintained steady revenue growth in its materials business for five consecutive years, with ongoing upgrades to its OLED terminal materials and new product developments expected to gain market traction by 2025 [4][6] Group 3: Market Dynamics - Companies are experiencing robust production and sales growth due to consumer confidence recovery and local consumption subsidy policies [5] - Shihua Technology achieved revenues of 795 million yuan and a net profit of 280 million yuan in 2024, with a 442% increase in high-performance optical materials revenue, indicating strong market demand [6] - The maturation of OLED production processes is expected to lower manufacturing costs, facilitating the adoption of OLED displays in mid-range vehicles, thus expanding their market presence [6]

吉林奥来德光电材料股份有限公司 关于股份回购进展公告 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： | 回购方案首次披露日 | 2025/1/21 | | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 个月 12 | | 预计回购金额 | 5,000万元~10,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 1,916,835股 | | 累计已回购股数占总股本比例 | 0.92% | | 累计已回购金额 | 39,989,707.68元 | | 实际回购价格区间 | 18.09元/股~23.68元/股 | 一、回购股份的基本情况 2025年1月20日，公司召开第五届董事会第九次会议，审议通过了《关于以集 中竞价交易方式回购公司股份方案的议案》。同意公司使用不低于人民币5,000万元， 不超过人民币10,000万元的自有资金和回购专项贷款以集中竞价交易方式回购公 司股 ...