证券代码：000050 证券简称：深天马 A 公告编号：2026-016 天马微电子股份有限公司 关于举行2025年度业绩网上说明会并征集相关问题的 公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 第 1 页 共 2 页 迎广大投资者于2026年4月3日（周五）15:00前访问https://ir.p5w.net/zj/， 或扫描下方二维码，进入问题征集专题页面，公司将在2025年度业绩 说明会上对投资者普遍关注的问题进行回答。 一、业绩说明会相关安排 1、时间：2026年4月3日（周五）下午15:00-16:30。 2、召开方式：本次网上说明会将采用视频录播结合网络文字互 动的方式召开。 3、参与方式：投资者可通过全景网"投资者关系互动平台" （https://ir.p5w.net/）网络远程参与。 4、公司出席人员：董事长成为先生，董事、总经理王磊先生， 独立董事耿怡女士，总会计师卢彦宇先生，董事会秘书陈冰峡女士。 二、投资者问题征集及方式 天马微电子股份有限公司（以下简称"公司"）2025年年度报告已 于2026年3月14日披露。为使广大投资者更加 ...

3月18日，美国专利商标局（USPTO）对中国显示面板制造商天马微电子试图挑战LG的美国专利而提出的多 方复审（IPR），再次做出不予受理的不利决定。 这一结果，与不久前USPTO试图对中国另一家厂商长江存储采取以国家安全为由驳回其对美光专利的无效挑 战，如出一辙。 此前在2025年6月，韩国LG Display向美国联邦法院提起诉讼，指控天马多款产品侵犯其在移动LCD、OLED 及车载显示领域的多项专利。 随后，天马展开反制，一方面在美国发起反诉，另一方面向美国专利商标局提交多方复审（IPR）申请，试图 从源头挑战相关专利有效性，以削弱侵权指控基础。 但在USPTO层面，天马的反击进展不顺。2025年相关IPR请求已曾遭遇不予受理。3月18日，USPTO再次对 天马提出的IPR申请作出驳回决定。 USPTO认为，天马股东中包含中国航空工业集团持股约10%，据此认定其可能涉及受"外国政府影响"，因此 USPTO局长基于自由裁量权，驳回了天马的这一请求。 在IPR路径受阻的情况下，LG相关专利目前仍维持有效，天马亦失去通过USPTO渠道直接挑战专利的关键手 段。业内人士指出，这一变化或将对后续法院审理产生重要影 ...

Core Viewpoint - The article highlights the significant progress and future strategies of the company, focusing on its revenue performance and advancements in key business areas such as OLED, automotive displays, and Micro LED technology [2][4]. Revenue Performance - In 2025, the company achieved a revenue of 36.2 billion yuan, representing a year-on-year growth of over 8%. The net profit attributable to shareholders improved by over 800 million yuan, while the net profit after deducting non-recurring items improved by over 1.6 billion yuan, marking a successful turnaround to profitability [2]. Business Segmentation - The revenue structure for 2025 is as follows: automotive business accounts for approximately 38%, mobile phone business for 30%, professional display for 14%, and IT business for 7% [2]. Key Business Areas - The automotive display and professional display sectors demonstrated strong resilience, contributing significantly to profit growth. The flexible OLED mobile phone segment also showed improved operational efficiency, while IT and smart wearable display sectors exhibited good growth momentum [4]. - The automotive business saw a revenue increase of approximately 18% year-on-year, with the automotive electronics segment growing over 30% and achieving profitability. The company also gained a rapidly increasing market share in the domestic new energy vehicle sector [5]. Production Capacity and Technology Development - The TM19 production line has achieved its phase production capacity goals ahead of schedule, covering the entire product line and successfully launching the first IGZO product. The TM20 line focuses on rapid expansion in automotive and IT product technologies [4][5]. - The company successfully transitioned over one million Micro-LED chips, achieving high efficiency and precision, and has begun small-scale shipments of certain products in the Micro-LED sector [5]. Future Strategies - Looking ahead to 2026, the company plans to continue its "2+1+N" strategy to promote high-quality development across various business segments. This includes enhancing production capacity and technology in key areas such as TM20, TM18, TM19, and Micro-LED [7]. - In the mobile display sector, the company aims to leverage multi-technology and multi-production line synergies to enhance competitiveness and optimize product structure [7]. - In the automotive display sector, the focus will be on strengthening competitive advantages and accelerating the development of AMOLED technology for automotive applications [7].

3、如何展望公司 OLED 业务需求和规划？ 证券代码：000050 证券简称：深天马 A 天马微电子股份有限公司 投资者关系活动记录表 编号：2026-004 投资者关系活动类别 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他（请文字说明其他活动内容） 活动参与人员 上市公司参与人员：洪正阳 外部参与人员：Polymer Capital Management、Goldman Sachs 时间 2026 年 3 月 17 日（周二）14：00-15：00 地点 线上 形式 电话会议 交流内容及具体问答记录 主要交流内容: 1、请介绍公司主要业务营收拆分及毛利情况。 答：2025 年公司主要业务中，车载业务占比约 38%，手机业务占比 30%， 专业显示业务占比 14%，IT 业务占比 7%。中小尺寸显示领域细分市场众多， 价格及毛利情况会有差异。其中消费品业务对市场价格敏感度高，毛利率波 动相对较大，车载及专显业务产品的毛利率稳定性较消费品业务更好。2025 年，公司主营毛利率整体同比提升超过 3 个百分点。 2、请介绍公司主要业务经营情况。 答：2025 ...

Financial Performance - In 2025, the company achieved a revenue of 36.2 billion, representing a year-on-year growth of over 8% [3] - The net profit attributable to shareholders improved by over 800 million, with a non-recurring net profit increase of over 1.6 billion [3] - Operating cash flow reached 6.988 billion, a year-on-year increase of 21.5% [3] - The cost-to-revenue ratio decreased by approximately 4.25 percentage points, indicating improved operational efficiency [3] Business Segmentation - In 2025, the revenue breakdown was as follows: - Automotive business: approximately 38% - Mobile phone business: 30% - Professional display business: 14% - IT business: 7% [3] - The automotive display business saw a revenue growth of about 18%, driven by automotive electronics and new energy vehicles [8] Market Position - The company maintained the global leading position in automotive display, including vehicle instrument displays and heads-up displays (HUD) [3] - In the flexible AMOLED mobile phone sector, the company ranked third globally and second domestically [3] - The company achieved a significant market share in various niche applications, including healthcare and industrial handheld displays [3] Production and Technology Advancements - The TM19 production line achieved mass production capabilities ahead of schedule, covering all product lines [4] - The TM20 production line focused on rapid expansion of automotive and IT product technologies, with successful customer collaborations [4] - The company has made significant progress in Micro-LED technology, achieving commercial breakthroughs in the PID field [10] Strategic Outlook - The company plans to enhance its operational efficiency and maintain a focus on core business areas, aiming for high-quality development [13] - In the OLED sector, the company aims to strengthen its high-end flagship capabilities and diversify its product offerings [7] - The company will continue to explore new markets, including health and non-display sectors, to foster new growth drivers [14]

Core Viewpoint - The article highlights the financial performance of Shenzhen Tianma Microelectronics Co., Ltd. for the year 2025, showcasing a significant recovery in profitability and growth in revenue, driven by various market segments in the small and medium-sized display industry [2][3]. Financial Performance - The company achieved a revenue of 36.23 billion yuan in 2025, representing an 8.16% increase compared to 2024's revenue of 33.49 billion yuan [3]. - The net profit attributable to shareholders was 167.38 million yuan, marking a substantial turnaround from a loss of 668.58 million yuan in 2024, an improvement of approximately 836 million yuan [3]. - The net cash flow from operating activities increased by 21.49% to 6.99 billion yuan, up from 5.75 billion yuan in the previous year [3]. Market Trends - The small and medium-sized display sector is experiencing a weak recovery, with varying growth across major application markets such as smartphones, automotive displays, IT products, and industrial applications [2]. - In the smartphone market, there is a slight increase in demand, with high-end models driving growth. The penetration rate of flexible AMOLED technology has further increased, solidifying its dominance in high-end smartphones [2]. - The automotive display market is benefiting from the ongoing adoption of smart cockpits and the increasing penetration of new energy vehicles, leading to a rise in demand for high-end automotive displays [2]. - The IT product segment, including laptops, tablets, and monitors, is seeing growth due to increased user demand for AI PC products and updates to Microsoft operating systems [2]. Future Outlook - Despite facing challenges such as rising prices of storage chips and other electronic components, the long-term outlook for the global small and medium-sized display market remains positive, driven by the proliferation of 5G and AIoT technologies, as well as environmental policies promoting carbon neutrality [4][5]. - Structural opportunities exist in the high-specification display technology market, with new application markets like new energy vehicles continuing to grow [5].

2025 年度营业收入扣除情况的 专项审核报告 天马微电子股份有限公司 容诚专字[2026]361Z0100号 容诚会计师事务所(特殊普通合伙) 中国·北京 | | | | 序号 | 内 | 容 | 页码 | | --- | --- | --- | --- | | 1 | 营业收入扣除情况的专项审核报告 | | 1-3 | | 2 | 营业收入扣除情况表 | | 1 | 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 关于天马微电子股份有限公司 为了更好地理解深天马营业收入扣除情况，后附营业收入扣除情况表应当与 已审计的财务报表一并阅读。 1 本专项审核报告仅供深天马年度报告披露之目的使用，不得用作任何其他目 的。 2025 年度营业收入扣除情况的专项审核报告 容诚专字[2026]361Z0100号 天马微电子股份有限公司全体股东： ...

内部控制审计报告 天马微电子股份有限公司 容诚审字[2026]361Z0134号 容诚会计师事务所(特殊普通合伙) 中国·北京 内部控制审计报告 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 四、财务报告内部控制审计意见 我们认为，深天马于 2025 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。 容诚审字[2026]361Z0134号 天马微电子股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我 们审计了天马微电子股份有限公司（以下简称"深天马"）2025 年 12 月 31 日的财 务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部 控制评价指引》的规定，建立健 ...

审计报告 天马微电子股份有限公司 容诚审字[2026]361Z0133号 容诚会计师事务所(特殊普通合伙) 中国·北京 目 录 | 序号 | 内 容 | 页码 | | --- | --- | --- | | 1 | 审计报告 | 1-6 | | 2 | 合并资产负债表 | 1 | | 3 | 合并利润表 | 2 | | 4 | 合并现金流量表 | 3 | | 5 | 合并所有者权益变动表 | 4 | | 6 | 母公司资产负债表 | 5 | | 7 | 母公司利润表 | 6 | | 8 | 母公司现金流量表 | 7 | | 9 | 母公司所有者权益变动表 | 8 | | 10 | 财务报表附注 | 9-132 | 容诚会计师事务所（特殊普通合伙） 审 计 报 告 总所：北京市西城区阜成门外大街 22号 1幢 10层 1001-1 至 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 容诚审字[2026]361Z0133号 天马微电子股份有限公司 ...

第二条 本制度适用于公司董事、高级管理人员。 公司董事包括由非公司的高级管理人员或员工担任的外部董事（含独立董 事）、以及由公司高级管理人员或员工担任的内部董事。 高级管理人员是指公司的总经理、副总经理、总会计师、董事会秘书、总法 律顾问及《公司章程》规定的其他高级管理人员。 第三条 董事和高级管理人员薪酬管理遵循以下原则： （一）坚持市场化导向。 （二） 坚持激励与约束相统一的导向。 天马微电子股份有限公司 董事、高级管理人员薪酬管理制度 第一章 总 则 第一条 为进一步完善天马微电子股份有限公司（以下简称"公司"）董事、 高级管理人员薪酬管理，建立科学有效的激励与约束机制，根据《中华人民共和 国公司法》《上市公司治理准则》《天马微电子股份有限公司公司章程》（以下简 称《" 公司章程》"）及其他相关法律法规、规范性文件的规定，结合公司实际情 况，制定本制度。 （三） 坚持业绩导向，薪酬与经营质量紧密挂钩。 第二章 管理机构 第四条 董事会提名、薪酬与考核委员会负责制定董事、高级管理人员的考 核标准并进行考核，制定、审查董事、高级管理人员的薪酬决定机制、决策流程、 支付与止付追索安排等薪酬政策与方案，并就董事 ...