关于举行2024年度业绩网上说明会并征集相关问题的 深天马Ａ: 关于举行2024年度业绩网上说明会并征 集相关问题的公告 证券代码：000050 证券简称：深天马 A 公告编号：2025-018 天马微电子股份有限公司 公告 第 1 页 共 2 页 迎 广 大 投 资 者 于 2025 年 4 月 3 日 （ 周 四 ） 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2024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 动的方式召开。 （http://ir.p5w.net/）网络远程参与。 独立董事张红先生，总会计师卢彦宇先生，董事会秘书陈冰峡女士。 如因行程安排有变，出席人员可能会有调整。 二、投资者问题征集及方式 公司现向投资者提前征集公司2024年度业绩说明会相关问题，欢 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。 天马微电子股份有限公司（以下简称"公司"）2024年年度报告 已于2025年3月15日披露。为使广大投资者更加全面、深入地了解公 司情 ...

天马微电子股份有限公司（以下简称"公司"）2024年年度报告 已于2025年3月15日披露。为使广大投资者更加全面、深入地了解公 司情况，公司将于2025年4月3日（周四）举行2024年度业绩网上说明 会，具体如下： 一、业绩说明会相关安排 1、时间：2025年4月3日（周四）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" （http://ir.p5w.net/）网络远程参与。 证券代码：000050 证券简称：深天马 A 公告编号：2025-018 天马微电子股份有限公司 关于举行2024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。 欢迎广大投资者参与！ 特此公告。 4、公司出席人员：董事长彭旭辉先生，董事、总经理成为先生， 独立董事张红先生，总会计师卢彦宇先生，董事会秘书陈冰峡女士。 公司现向投资者提前征集公司2024年度业绩说明会相关问题，欢 第 1 页 共 2 页 迎 广 大 投 资 者 于 20 ...

Group 1: OLED Mobile Display Business - The flexible AMOLED smartphone business is expected to maintain rapid growth in 2024, with global shipments ranking third and an increase in flagship project coverage [2] - The company aims to optimize production capacity and reduce costs, leading to significant revenue growth and improved profitability in the AMOLED mobile segment [2] Group 2: Automotive Display Business - The automotive electronics business is projected to grow significantly in 2024, with revenue from automotive displays increasing by over 40% year-on-year, driven by market share gains in the new energy sector [3] - The company has maintained the global leading position in automotive TFT-LCD and instrument display shipments for five consecutive years, with HUD products expected to lead globally for the first time in 2024 [3] Group 3: Micro-LED Business Development - The Micro-LED business is focusing on automotive and splicing display applications, with plans for small batch shipments starting in 2025 after achieving product lighting in June 2024 [6] Group 4: Profitability and Margins - The overall gross margin improved by 6.47 percentage points year-on-year, with stable margins in automotive and specialty display sectors compared to the more volatile consumer goods sector [7] - In the mobile display segment, flexible AMOLED products now account for over 60% of sales revenue, indicating a shift in product structure towards higher-margin offerings [9] Group 5: Supply Chain and Material Localization - The company is actively promoting the localization of upstream materials for AMOLED production, with increasing domestic supply chain collaboration and resource pool expansion [8]

Group 1: Financial Performance - The company achieved a revenue of approximately 33.5 billion CNY in 2024, representing a year-on-year growth of 3.79% [4] - The overall gross margin improved by 6.47 percentage points year-on-year, with net profit attributable to shareholders increasing by over 1.4 billion CNY [5][14] - The net cash flow from operating activities reached 5.752 billion CNY, marking a year-on-year increase of 45.33% [5] Group 2: Business Segments - The smartphone and automotive display segments each accounted for approximately 35% of total revenue [4] - The automotive display business saw a revenue growth of over 40% year-on-year, maintaining the global leading position in car-grade TFT-LCD and HUD displays [5][7] - The flexible AMOLED smartphone business ranked third globally in terms of shipment volume, with significant growth in revenue and gross margin recovery [4][9] Group 3: Market Position and Strategy - The company maintained the global number one position in various display application markets, including automotive and professional displays [4] - The LTPS product revenue from non-mobile categories accounted for nearly 70% of total LTPS revenue, indicating a diversification strategy [10] - The company plans to enhance its AMOLED product offerings in 2025, focusing on expanding production capacity and optimizing costs [9][16] Group 4: Production and Technology Development - The TM20 production line for automotive modules has commenced mass production, with the TM19 line also achieving significant milestones [6][12] - The company is advancing its Micro-LED production capabilities, aiming for small batch shipments in 2025 [6] - The SLOD technology for flexible AMOLED displays is expected to reduce power consumption by 30% compared to conventional devices, with products set to be delivered to brand clients in 2025 [16]

Summary of the Conference Call for 深天马 Company Overview - **Company**: 深天马 (Shenzhen Tianma Microelectronics Co., Ltd.) - **Industry**: Display technology, specifically focusing on small to medium-sized displays for various applications including automotive, IT, and mobile devices Key Points and Arguments Financial Performance - In 2024, 深天马 achieved revenue of approximately 33.5 billion yuan, representing a year-on-year growth of 3.79% [3][5] - The company's gross margin improved by 6.47 percentage points, with net profit attributable to shareholders exceeding 1.4 billion yuan [3][5] - Operating cash flow reached 5.752 billion yuan, marking a 45.33% increase year-on-year, providing a solid foundation for 2025 [3][5] Business Segments - Mobile and automotive businesses each accounted for about 35% of total revenue, while professional display and IT display segments contributed 13% and 8%, respectively [3] - The automotive display market has seen significant growth, with the company holding the global number one position in pre-installed displays and instrument displays for five consecutive years, with market shares of 18.3% and 25.1% respectively [3][4] Production and Technology Advancements - The TM18 OLED production line in Xiamen has successfully delivered flagship products for multiple clients, while the TM19 line has entered mass production [6] - The company is investing in new Micro LED technology, with expectations to achieve small batch delivery capabilities by 2025 [6] Market Outlook - For 2025, the company aims to ship 100 million AMOLED screens, with specific targets of 50 million from the Wuhan production line and 40 million from the Xiamen line [10] - The demand for LTPS technology in automotive applications is expected to surge, prompting the company to shift focus towards larger-sized products [12][13] Strategic Focus - Future development will prioritize expanding domestic leadership, particularly in the automotive sector, while addressing challenges posed by LCD price fluctuations [7] - The company plans to enhance its competitive edge through the development of new technologies like Micro LED [7] Market Dynamics - The company anticipates a healthy supply-demand structure in the OLED market, with a projected 10% growth in smartphone OLED penetration in 2025 [15] - The automotive electronics segment is expected to continue outperforming industry averages, with significant growth in both international and domestic markets [20][25] Challenges and Risks - The company faces challenges from price volatility in the LCD market and the need for industry self-regulation to ensure high-quality development [18][24] - The depreciation from production lines, particularly from the Wuhan G6 plant, has increased significantly, but is expected to stabilize in the coming years [14] Additional Insights - The company has a strong customization and delivery capability in the automotive display sector, with a gross margin of approximately 19-20% [8][9] - The competitive landscape between rigid and flexible OLED screens is expected to drive technological advancements and market growth [16] Conclusion 深天马 is positioned for continued growth in the display technology sector, particularly in automotive and mobile applications, with a strong focus on innovation and market expansion. The company's financial health and strategic initiatives suggest a positive outlook for 2025 and beyond.

Investment Rating - The investment rating for the company is "Buy" (maintained) [5] Core Insights - The company's flexible OLED and automotive display segments are driving a recovery in operational performance, with significant improvements in profitability and revenue growth expected in the coming years [2][3][4] - The company achieved a revenue of 33.494 billion yuan in 2024, representing a year-on-year growth of 3.79%, and a notable reduction in net losses by 68.13% compared to the previous year [8][10] - The flexible OLED business is entering a phase of full-scale development, supported by a diversified customer base and improved production capabilities, leading to a significant increase in revenue contribution from mobile displays [2] - The automotive display segment is experiencing rapid growth, with a projected revenue increase of over 40% in 2024, and the company has secured record-high project values for automotive applications [3] - The IT business is also expanding, with an increase in market share for LTPS NB displays and successful delivery of new monitor products [4] Summary by Sections Mobile Segment - The mobile display business has optimized its structure, with a significant improvement in profitability driven by the flexible OLED segment, which now accounts for over 60% of mobile display revenue [2] Automotive Segment - The automotive display market is growing rapidly, with the company achieving the highest global shipment volumes in automotive displays and head-up displays, and entering large-scale deliveries in the automotive electronics sector [3] IT Segment - The IT business is focusing on high-end positioning, with LTPS LCD technology enhancing competitiveness and successful product launches, including a new 50" commercial display [4] Financial Performance - The company is expected to see revenue growth from 36 billion yuan in 2025 to 43.671 billion yuan in 2027, with net profits projected to turn positive by 2025 [10]

Investment Rating - The investment rating for the company is "Buy" (maintained) [5] Core Views - The company's flexible OLED and automotive display segments are driving a recovery in operational performance, with significant improvements in profitability and revenue growth expected in the coming years [2][3][8] Summary by Sections Mobile Segment - The mobile display business has seen a notable improvement in profitability, with the flexible OLED segment entering a phase of full-scale development. The company has diversified its customer base and improved production capacity, leading to a substantial increase in revenue and profitability [2] Automotive Segment - The automotive display market is experiencing rapid growth, with the company achieving over 40% year-on-year revenue growth in 2024. The company holds the global leading position in automotive display shipments and has entered the automotive electronics sector, which is now in mass production [3] IT Segment - The IT business has strengthened its competitive position with LTPS LCD technology, achieving an increase in global market share for LTPS NB display products. The company has successfully launched its first large-screen commercial display product and is entering mass production for its IT products [4] Financial Performance - In 2024, the company achieved operating revenue of 33.494 billion yuan, a year-on-year increase of 3.79%. The net profit attributable to shareholders improved significantly, with a reduction in losses by 68.13% compared to the previous year [8][10]

非经营性资金占用及其他关联资金 往来情况专项说明 天马微电子股份有限公司 容诚专字[2025]215Z0063 号 容诚会计师事务所(特殊普通合伙) 中国·北京 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 非经营性资金占用及其他关联资金往来情况专项说明 容诚专字[2025]215Z0063 号 天马微电子股份有限公司全体股东： 我们接受委托，依据中国注册会计师审计准则审计了天马微电子股份有限公 司（以下简称深天马）2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的合并及母公司利润表、合并及母公司现金流量表和合并及母公司所有者权益变 动表以及财务报表附注，并于 2025 年 3 月 13 日出具了容诚审字[2025]215Z0013 号的无保留意见审计报告。 根据中国证券监督管 ...

审计报告 天马微电子股份有限公司 容诚审字[2025]215Z0013 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 | 1-7 | | 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 | 9-128 | 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/ 审计报告 容诚审字[2025]215Z0013 号 天马微电子股份有限 ...