证券日报网讯深天马A11月26日在互动平台回答投资者提问时表示，随着国内显示面板企业技术的不断 提升以及产能的持续释放，我国已成为全球最大的面板生产基地。公司作为新型显示产业的骨干龙头企 业，会持续聚焦强化自身在产业链关键环节的竞争实力，不断扩大领域优势。 （文章来源：证券日报） ...

（编辑 袁冠琳） 证券日报网讯 深天马A11月25日在互动平台回答投资者提问时表示，2025年前三季度，公司武汉 AMOLED产线净利润同比改善超30%，经营质效持续改善。公司也会持续通过优化产品结构，推动极 致降本等方式，不断提升产线经营水平。公司所在的显示行业具有资金密集、技术密集、工艺复杂以及 建设周期较长等特点，在产能布局方面，公司会综合考量自身战略发展方向、宏观经济走势及行业技术 迭代趋势等多种因素审慎规划，稳步推进中长期高质量发展。 ...

证券日报网讯 深天马A11月25日在互动平台回答投资者提问时表示，公司聚焦显示主业，同时也积极布 局基于面板工艺与TFT驱动技术的非显示应用技术开发，建立了MPG平台（多项目玻璃基板技术平 台），稳步推进与行业伙伴在面板级超材料智能天线、微流控、智能调光、大面积指纹识别、柔性传感 器等领域开展技术开发与合作，将面板制造技术赋能更广泛的应用领域。目前，公司相关业务主要还在 孵化和培育期，部分技术已经小批量，公司将持续探索市场需求和优化产品方案。 （编辑 袁冠琳） ...

（编辑 袁冠琳） 证券日报网讯 深天马A11月25日在互动平台回答投资者提问时表示，作为中小尺寸显示领域的龙头企 业，公司始终重视行业生态的健康发展，将持续通过高定制化的产品优势、科学的生产规划、强化前瞻 性技术布局与产品技术开发等多元举措，以自身行动维护行业良性竞争与可持续发展。 ...

证券日报网讯深天马A11月25日在互动平台回答投资者提问时表示，截至2025年11月20日，公司股东户 数为72732户。 ...

每经AI快讯，深天马Ａ（000050.SZ）11月25日在投资者互动平台表示，2025年前三季度，公司武汉 AMOLED产线净利润同比改善超30%，经营质效持续改善。公司也会持续通过优化产品结构，推动极 致降本等方式，不断提升产线经营水平。公司所在的显示行业具有资金密集、技术密集、工艺复杂以及 建设周期较长等特点，在产能布局方面，公司会综合考量自身战略发展方向、宏观经济走势及行业技术 迭代趋势等多种因素审慎规划，稳步推进中长期高质量发展。 （文章来源：每日经济新闻） ...

每经AI快讯，有投资者在投资者互动平台提问：请问明年的折旧会大概下降多少？ （文章来源：每日经济新闻） 深天马Ａ（000050.SZ）11月25日在投资者互动平台表示，综合考虑TM20个别新线体达到转固标准、成 熟LTPS产线将逐步折旧到期，在没有其他新线投资的前提下，2026年折旧金额预计开始逐步下降，具 体金额请以公司定期报告数据为准。 ...

Group 1: Storage Market Dynamics - The recent surge in storage prices and the volatility of related company stocks have drawn renewed attention to the industry chain [2] - The demand for HBM storage driven by AI development is squeezing DRAM production capacity, leading to increased costs for smartphones and PCs [2][8] - TrendForce has revised down its global smartphone and laptop production forecasts for 2026, projecting declines of 2% and 2.4% respectively [2][11] Group 2: Display Panel Industry Growth - Over the past two decades, China's display panel industry has transformed from dependency on imports to becoming the world's largest manufacturing base [3][4] - The domestic display supply chain is more stable and complete compared to storage chips, giving Chinese manufacturers greater control [3] - The market size of China's display panel industry reached 396.2 billion yuan, accounting for 68.2% of the global market [5] Group 3: OLED Technology Advancements - Chinese manufacturers are heavily investing in OLED technology, with companies like Tianma and BOE establishing advanced production lines [5][7] - By the first half of 2025, Chinese manufacturers are expected to hold a 51.7% share of the global AMOLED smartphone panel market [7] - The demand for AMOLED panels is rising, while LCD panels maintain stable shipments in entry-level markets [7][11] Group 4: Cost Pressures and Strategic Responses - The increase in storage chip prices is expected to raise the BOM cost of smartphones by approximately 5-7% next year [8][9] - The share of storage in laptop BOM costs is projected to exceed 20% by 2026, leading to potential price increases of 5-15% for laptops [9][11] - Manufacturers are adjusting their product strategies, potentially reducing screen quality in lower-end models to manage costs [11][12] Group 5: Collaboration and Innovation - Companies are moving towards deep collaboration with panel manufacturers, shifting from traditional supplier relationships to joint technology development [16][20] - Xiaomi has established joint laboratories with panel manufacturers to enhance the entire supply chain [20][21] - The shift towards a collaborative model is seen as essential for competing with global leaders like Apple and for driving innovation in the display industry [21]

Core Viewpoint - The article emphasizes the significant potential of Micro-LED technology in the display industry, highlighting its advancements and the collaborative efforts of companies like Tianma Microelectronics to drive its commercialization and application across various sectors [2][6][16]. Group 1: Micro-LED Technology Development - Micro-LED is regarded as the ultimate display technology, with Tianma leading the charge in its development for large-size displays, automotive displays, transparent displays, wearables, and AR applications [2][5]. - At the TIC 2025 conference, Tianma unveiled the world's first 108-inch 4K Micro-LED seamless display, showcasing its high brightness, contrast, low reflectivity, and seamless splicing capabilities [5][8]. - The cost reduction and yield improvement of Micro-LED technology are critical for its market expansion, with a reported price drop of over 50% for 6-inch RGB Micro-LED chips in the past two to three years [6][9]. Group 2: Technical Challenges and Solutions - Despite the advancements, challenges such as reduced external quantum efficiency (EQE) and lower yield due to chip size reduction persist, but upstream companies are actively addressing these issues [9][10]. - Tianma is developing technologies like mixed BIN and De-mura algorithms to enhance chip uniformity to over 90%, thereby reducing costs [9][10]. - Various manufacturing techniques, including laser mass transfer and high-precision seamless splicing, are being optimized to improve the cost and yield of Micro-LED displays [10][12]. Group 3: Automotive Display Opportunities - Tianma is focusing on automotive displays as a key area for Micro-LED technology, having already developed several transparent display products tailored for automotive environments [12][13]. - The compatibility of Micro-LED technology with automotive displays is highlighted by its deformability, efficiency, and durability, which opens up numerous application opportunities [13][15]. - Tianma successfully demonstrated a 7-inch Micro-LED automotive standard product, accelerating the penetration of Micro-LED technology in the automotive sector [15][16]. Group 4: Future Prospects and Investments - The potential applications of Micro-LED technology are vast, extending to smartwatches, AR glasses, automotive headlights, and optical communications, which could significantly enhance its market value [16][17]. - Tianma has invested 1.1 billion yuan to establish a fully automated G3.5 generation mass transfer production line, expected to achieve full-process integration by the end of 2024 and begin small-scale production in 2025 [16][17]. - The company is optimistic about the future of Micro-LED technology, viewing 2026 as a pivotal year for its development and mass production [17].

Core Viewpoint - The article discusses the consumer rights issues arising from the "green line" problem in smartphone screens, affecting major brands like OPPO, Vivo, Samsung, Xiaomi, and Huawei, highlighting the inconsistent after-sales service and warranty policies among these manufacturers [1][9]. Group 1: After-Sales Service Policies - OPPO and Vivo offer a warranty period of around four years, while Xiaomi, Huawei, and Honor typically provide one year of warranty service [3]. - OPPO announced free screen replacement for devices with green line issues within four years of purchase, while users with devices older than four years can receive discounted repair services [3]. - There are significant discrepancies in after-sales service experiences among OPPO users, with some receiving free replacements while others are denied service due to lack of purchase receipts [4][5]. Group 2: Consumer Complaints and Experiences - Many consumers report unreasonable demands for proof of purchase, such as requiring original receipts and packaging, which complicates the warranty claim process [4][8]. - Some users have successfully obtained free screen replacements after escalating complaints through various channels, despite being initially denied service [4][5]. - The article notes that even within the same brand, different service centers may apply different policies regarding the green line issue, leading to confusion and frustration among consumers [7][8]. Group 3: Technical Background of the Issue - The green line issue is a common fault in OLED displays, potentially caused by various factors such as chip failure or circuit issues [9][11]. - The problem has been linked to specific batches of screens supplied by Samsung, affecting multiple smartphone models [11]. - High temperatures and humidity are noted as conditions that can exacerbate the green line problem, with summer months being particularly problematic [12]. Group 4: Industry Response and Consumer Trust - There is a growing consumer expectation for a transparent and fair after-sales service system, especially in light of the marketing claims of high-quality products [13]. - The article emphasizes that the lack of a unified standard in after-sales service undermines consumer trust, as users feel that the service does not match the promised product quality [13].