Investment Rating - The investment rating for the company is "Buy" (maintained) [2][4]. Core Views - The company is a leading player in the domestic OLED materials and equipment sector, showing steady growth [4]. - The OLED materials business is experiencing continuous volume growth, and the development of high-generation evaporation source equipment is progressing steadily [5]. - The company has successfully completed its project for the annual production of 10,000 kilograms of high-performance OLED materials and plans to invest at least 680 million yuan in a new base in Changchun, which is expected to support high growth in the OLED materials business as capacity is gradually released and customer onboarding continues [6]. - The company is transitioning from a single evaporation source business to production line upgrades and new business areas such as perovskite materials, which is expected to create new growth points [6]. - The company reported a revenue of 520 million yuan in 2023, a year-on-year increase of 12.7%, and a net profit attributable to shareholders of 120 million yuan, up 8.2% year-on-year [9]. - For Q1 2024, the company achieved a revenue of 258 million yuan, a year-on-year increase of 6.99%, and a net profit of 95 million yuan, a slight increase of 0.22% year-on-year [9]. - The company is focusing on expanding its market for organic light-emitting materials, packaging materials, and PSPI materials, which has driven rapid revenue growth in organic light-emitting materials [9]. - The company has adjusted its profit forecasts for 2024-2025 due to delays in the recognition of new material volumes and equipment orders, with net profits expected to be 203 million yuan in 2024, 308 million yuan in 2025, and 435 million yuan in 2026 [9]. - The current stock price corresponds to a price-to-earnings ratio (PE) of 23.6 for 2024, 15.5 for 2025, and 11.0 for 2026, indicating a favorable outlook for the company as it continues to benefit from the domestic substitution in the OLED industry [9]. Financial Summary - The company has completed the introduction and stable supply of G', R', and B' materials, with packaging materials also in stable supply and PSPI materials beginning batch supply after passing customer tests [10]. - The company has made progress in transitioning from a single evaporation source business to production line upgrades and perovskite preparation, including winning a project for the upgrade of the sixth-generation AMOLED production line [10]. - The financial projections indicate a steady increase in revenue and net profit over the next few years, with significant growth rates expected [12].

Investment Rating - The investment rating for the company is "Buy" (maintained) [5][22]. Core Views - The company has shown steady growth in its OLED materials and equipment sectors, with a focus on domestic production and market expansion. The revenue for 2023 reached 520 million yuan, a year-on-year increase of 12.7%, while the net profit attributable to shareholders was 120 million yuan, up 8.2% year-on-year. For Q1 2024, revenue was 258 million yuan, reflecting a 6.99% year-on-year growth, and net profit was 95 million yuan, a slight increase of 0.22% year-on-year [5][6]. - The company is actively expanding its product offerings in organic light-emitting materials, packaging materials, and PSPI materials, which have contributed to robust revenue growth. The forecast for net profit from 2024 to 2026 is set at 203 million yuan, 308 million yuan, and 435 million yuan, respectively, with corresponding EPS of 1.36 yuan, 2.07 yuan, and 2.93 yuan [5][6]. Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 520 million yuan, with a year-on-year growth of 12.7%. The net profit attributable to shareholders was 120 million yuan, marking an 8.2% increase year-on-year. For Q1 2024, revenue was 258 million yuan, up 6.99% year-on-year, and net profit was 95 million yuan, a slight increase of 0.22% year-on-year [5][8]. - The projected revenues for 2024, 2025, and 2026 are 800 million yuan, 1.1 billion yuan, and 1.505 billion yuan, respectively, with corresponding net profits of 203 million yuan, 308 million yuan, and 435 million yuan [8]. Market Position and Growth Drivers - The company is positioned as a leader in the domestic production of OLED materials and equipment, benefiting from the increasing penetration and domestic production rates of OLED technology. The materials segment is expected to maintain high growth due to the completion of a project aimed at producing 10,000 kg of high-performance AMOLED materials [6][7]. - The equipment segment is transitioning from a single evaporator business to a broader focus on production line upgrades and perovskite technology, which is anticipated to create new growth opportunities [6][7]. Valuation Metrics - The current stock price corresponds to a PE ratio of 23.6 for 2024, 15.5 for 2025, and 11.0 for 2026, indicating a favorable valuation as the company continues to benefit from the OLED industry’s domestic substitution trend [5][8].

Summary of Conference Call Company or Industry Involved - The document does not specify a particular company or industry involved in the conference call Core Points and Arguments - The content does not provide any core viewpoints or arguments from the conference call Other Important but Possibly Overlooked Content - The document does not contain any additional important information or insights from the conference call

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [2][4]. Core Views - The company is expected to benefit from the upward trend in the OLED industry, with continuous growth in demand for OLED materials. The revenue for OLED materials is projected to maintain high growth rates in Q1 2024 [2][5]. - The company has successfully introduced OLED materials to customers, with stable supply and ongoing projects that are expected to enhance revenue [1][5]. - The company is positioned as a leader in the domestic OLED organic materials and evaporation source equipment industry, which supports a favorable long-term growth outlook [2][4]. Summary by Sections Financial Performance - In Q1 2024, the company achieved revenue of 258 million yuan, a year-on-year increase of 6.99%, and a net profit attributable to shareholders of 95.01 million yuan, a slight increase of 0.22% [4]. - The revenue growth for OLED materials is expected to be between 97% and 112% year-on-year in Q1 2024, driven by increased penetration of OLED organic materials and growth in panel shipments despite the seasonal downturn [5]. Profit Forecast - The forecast for net profit attributable to shareholders for 2024, 2025, and 2026 is 204 million yuan, 329 million yuan, and 433 million yuan, respectively [2][3]. Market Position - The company has secured significant orders for OLED evaporation sources, including contracts with major manufacturers, which are expected to contribute to revenue growth [1][5]. - The increasing penetration of OLED technology in mid-size IT and automotive markets is anticipated to benefit the company as it is a leading provider of linear evaporation sources in China [1].

证券代码：688378 证券简称：奥来德 公告编号：2024-016 吉林奥来德光电材料股份有限公司 关于召开 2023 年年度股东大会的通知 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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2023 年年度股东大会 召开日期时间：2024 年 5 月 16 日 14 点 30 分 召开地点：长春市高新开发区红旗大厦 19 层公司会议室 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 5 月 16 日 至 2024 年 5 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2024年5月 ...

证券代码：688378 证券简称：奥来德 公告编号：2024-015 吉林奥来德光电材料股份有限公司 （2）2024 年第一季度报告真实地反映出公司报告期内的经营成果和财务状况等事 项，所披露的信息真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏。 （3）监事会未发现参与公司 2024 年第一季度报告编制和审议的人员有违反保密规 定的行为。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 第四届监事会第三十三次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 吉林奥来德光电材料股份有限公司（以下简称"公司"）第四届监事会第三十三次 会议于 2024 年 4 月 25 日在长春市高新开发区红旗大厦 19 层公司会议室以现场及通讯 相结合的方式召开。本次会议通知于 2024 年 4 月 22 日以专人送达等方式发出送达全体 监事。本次会议应参加监事 5 名，实际参加监事 5 名，会议由监事会主席赵贺先生主持， 本次会议的召集、召开方式等符合《公司法》等法律法规、规范性文件及《公司 ...

（三）中国证监会《上市公司独立董事管理办法》和上海证 券交易所自律监管规则有关独立董事任职资格和条件的相关规 定； （四）中共中央纪委、中共中央组织部《关于规范中管干部 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； （五）中共中央组织部《关于进一步规范党政领导干部在企 业兼职（任职）问题的意见》的相关规定（如适用）； （六）中共中央纪委、教育部、监察部《关于加强高等学校 反腐倡廉建设的意见》的相关规定（如适用）； 吉林奥来德光电材料股份有限公司 独立董事候选人声明与承诺 本人范勇，已充分了解并同意由提名人吉林奥来德光电材料 股份有限公司董事会提名为吉林奥来德光电材料股份有限公司 第五届董事会独立董事候选人。本人公开声明，本人具备独立董 事任职资格，保证不存在任何影响本人担任吉林奥来德光电材料 股份有限公司独立董事独立性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有五年以上法律、经济 会计、财务、管理等履行独立董事职责所必需的工作经验。 二、本人任职资格符合下列法律、行政法规和部门规章 ...

吉林奥来德光电材料股份有限公司 董事会提名委员会关于第五届董事会独立董事候选人的 审核意见 吉林奥来德光电材料股份有限公司（以下简称"公司"）第四届董事会任期 已经届满，根据《公司法》《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》以及 《公司章程》等有关规定， 公司董事会提名委员会对第五届董事会独立董事候选人的任职资格进行了审核 并发表审核意见如下： 吉林奥来德光电材料股份有限公司董事会提名委员会 2024 年 4 月 22 日 1.经审阅公司第五届董事会独立董事候选人陈平先生、范勇先生、张奥女士 的个人履历等相关资料，前述独立董事候选人未持有公司股份，与公司其他董事、 监事、高级管理人员以及持股 5%以上股东、实际控制人不存在关联关系。前述独 立董事候选人符合《公司法》《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》以及《公司章程》等有关规定， 不存在不得担任科创板上市公司独立董事的情形。前述独立董事候选人不存在被 中国证监会采取市场禁入措施、被证券交易所公开认定为不适合担任上市公司董 事的情形；未受到过中国证 ...

吉林奥来德光电材料股份有限公司 独立董事提名人声明与承诺 提名人吉林奥来德光电材料股份有限公司董事会,现提名陈 平 为吉林奥来德光电材料股份有限公司第五届董事会独立董事 候选人,并已充分了解被提名人职业、学历、职称、详细的工作 经历、全部兼职、有无重大失信等不良记录等情况。被提名人已 书面同意出任吉林奥来德光电材料股份有限公司第五届董事会 独立董事候选人(参见该独立董事候选人声明)。提名人认为, 被提名人具备独立董事任职资格,与吉林奥来德光电材料股份有 限公司之间不存在任何影响其独立性的关系,具体声明并承诺如 下： 一、被提名人具备上市公司运作的基本知识,熟悉相关法律、 行政法规、规章及其他规范性文件,具有五年以上法律、经济、 会计、财务、管理等履行独立董事职责所必需的工作经验。 二、被提名人任职资格符合下列法律、行政法规和部门规章 的要求: (一)《中华人民共和国公司法》等关于董事任职资格的规 定; 三、被提名人具备独立性,不属于下列情形: (二)《中华人民共和国公务员法》关于公务员兼任职务的 规定(如适用): (三)中国证监会《上市公司独立董事管理办法》、上海证 券交易所自律监管规则以及公司章程有关独立董 ...

吉林奥来德光电材料股份有限公司 独立董事候选人声明与承诺 本人陈平,已充分了解并同意由提名人吉林奥来德光电材料 股份有限公司董事会提名为吉林奥来德光电材料股份有限公司 第五届董事会独立董事候选人。本人公开声明,本人具备独立董 事任职资格,保证不存在任何影响本人担任吉林奥来德光电材料 股份有限公司独立董事独立性的关系,具体声明并承诺如下: 一、本人具备上市公司运作的基本知识,熟悉相关法律、行 政法规、部门规章及其他规范性文件,具有五年以上法律、经济 会计、财务、管理等履行独立董事职责所必需的工作经验。 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求: (一)《中华人民共和国公司法》等关于董事任职资格的规 定; (九)《银行业金融机构董事(理事)和高级管理人员任职 资格管理办法》《保险公司董事、监事和高级管理人员任职资格 管理规定》《保险机构独立董事管理办法》等的相关规定(如适 用): (十)其他法律法规、部门规章、规范性文件和上海证券交 易所规定的情形。 三、本人具备独立性,不属于下列情形: (二)《中华人民共和国公务员法》关于公务员兼任职务的 规定(如适用): (三)中国证监会《上市公司 ...