京东方科技集团股份有限公司 独立董事 2024 年度述职报告（唐守廉） 2024 年，作为京东方科技集团股份有限公司（以下简称"公司"） 独立董事，本人严格按照中国证监会《上市公司独立董事管理办法》 和公司《独立董事制度》的相关规定忠实勤勉履行独立董事职责，恪 守独立董事履职规范，依法行使独立董事权力，积极出席公司相关会 议并认真审阅议案资料，对公司经营管理、重大项目建设、内部控制 制度的建设及执行、公司年度审计与年报编制工作、与控股股东及其 他关联方的资金往来情况进行了现场了解，并提出建设性意见，切实 维护公司和股东尤其是社会公众股股东的利益。现将 2024 年度的工 作情况简要汇报如下： 一、独立董事的基本情况 1、个人简介 本人唐守廉，研究生学历，教授。曾任北京邮电大学财务处处长、 管理与人文学院院长、经济管理学院党委书记、经济管理学院执行院 长，北京邮电大学校学术委员会常委和校劳务纠纷调解委员会主席等 职务，公司第九届、第十届董事会独立董事。曾兼任工业与信息化部 电信经济专家委员会委员、中国市场学会常任理事、中国法学会信息 法学研究会常务理事、中国技术经济研究会高级会员、中国商业统计 学会常务理事、国 ...

京东方科技集团股份有限公司 独立董事 2024 年度述职报告（张新民） 2024 年，作为京东方科技集团股份有限公司（以下简称"公司"） 独立董事，本人严格按照中国证监会《上市公司独立董事管理办法》 和公司《独立董事制度》的相关规定忠实勤勉履行独立董事职责，恪 守独立董事履职规范，依法行使独立董事权力，积极出席公司相关会 议并认真审阅议案资料，对公司经营管理、重大项目建设、内部控制 制度的建设及执行、公司年度审计与年报编制工作、与控股股东及其 他关联方的资金往来情况进行了现场了解，并提出建设性意见，切实 维护公司和股东尤其是社会公众股股东的利益。现将 2024 年度的工 作情况简要汇报如下： 一、独立董事的基本情况 1、个人简介 本人张新民，管理学博士，教授，曾任对外经济贸易大学国际商 学院院长、对外经济贸易大学党委常委、副校长，公司第九届、第十 届董事会独立董事。现任公司第十一届董事会独立董事，五矿发展股 份有限公司独立董事，中粮资本控股股份有限公司独立董事，东软医 疗系统股份有限公司独立董事，厦门国际银行股份有限公司外部监事， 对外经济贸易大学国际商学院会计学教授、博士生导师，国务院学位 委员会工商管理学 ...

京东方科技集团股份有限公司 独立董事 2024 年度述职报告（王茤祥） 2024 年，作为京东方科技集团股份有限公司（以下简称"公司"） 独立董事，本人严格按照中国证监会《上市公司独立董事管理办法》和 公司《独立董事制度》的相关规定忠实勤勉履行独立董事职责，恪守独 立董事履职规范，依法行使独立董事权力，积极出席公司相关会议并认 真审阅议案资料，对公司经营管理、重大项目建设、内部控制制度的建 设及执行、公司年度审计与年报编制工作、与控股股东及其他关联方的 资金往来情况进行了现场了解，并提出建设性意见，切实维护公司和股 东尤其是社会公众股股东的利益。现将 2024 年度的工作情况简要汇报 如下： 一、独立董事的基本情况 1、个人简介 本人王茤祥，管理学博士、北京大学工学院研究员、博士生导师。 曾任厦门北大泰普制药有限公司总经理、厦门北大泰普科技有限公司 董事长、北京大学工学院副院长、内蒙古包头市人民政府副市长、南方 科技大学副校长、北京协同创新研究院院长、公司第十届董事会独立董 事。现任公司第十一届董事会独立董事，北京大学工学院研究员、京津 冀国家技术创新中心主任、黄埔创新学院院长、北京中关村银行股份有 限公司独 ...

京东方科技集团股份有限公司 独立董事 2024 年度述职报告（郭禾） 2024 年，作为京东方科技集团股份有限公司（以下简称"公司"） 独立董事，本人严格按照中国证监会《上市公司独立董事管理办法》和 公司《独立董事制度》的相关规定忠实勤勉履行独立董事职责，恪守独 立董事履职规范，依法行使独立董事权力，积极出席公司相关会议并认 真审阅议案资料，对公司经营管理、重大项目建设、内部控制制度的建 设及执行、公司年度审计与年报编制工作、与控股股东及其他关联方的 资金往来情况进行了现场了解，并提出建设性意见，切实维护公司和股 东尤其是社会公众股股东的利益。现将 2024 年度的工作情况简要汇报 如下： 一、独立董事的基本情况 1、个人简介 本人郭禾，中国人民大学法学院／知识产权学院教授、博士研究生 导师。现任公司第十一届董事会独立董事、山西省安装集团股份有限公 司独立非执行董事；兼任中国知识产权研究会副理事长、中国法学会知 识产权法学研究会常务副会长、中国文字著作权协会副会长等。 2、独立性情况的说明 本人未在公司担任除独立董事以外的任何职务，也未在公司主要 股东公司担任任何职务，与公司以及主要股东之间不存在利害关系或 ...

Financial Performance - In 2024, the company achieved nearly ¥200 billion in revenue, marking a return to growth with all business segments maintaining high-quality development momentum [3]. - BOE reported a revenue of CNY 100 billion for the last fiscal year, marking a year-on-year increase of 15% [24]. - The company's operating revenue for 2024 reached ¥198.38 billion, representing a 13.66% increase compared to ¥174.54 billion in 2023 [6]. - Net profit attributable to shareholders for 2024 was ¥5.32 billion, a significant increase of 108.97% from ¥2.55 billion in 2023 [6]. - The net profit after deducting non-recurring gains and losses was ¥3.84 billion, a remarkable turnaround from a loss of ¥632.56 million in 2023, marking a 706.60% increase [6]. - The company achieved a gross margin of 25%, which is a 3% improvement compared to the previous year [24]. - The company has set a performance guidance of 10% revenue growth for the upcoming fiscal year [24]. - The company reported a total of ¥142,324,551,783 in restricted assets, primarily due to collateral for loans and guarantees [84]. - The company reported a total shareholding of 2,900,000 shares for the Chief Strategic Planner, Chen Yanshun, with no changes during the reporting period [123]. Research and Development - The company plans to invest CNY 5 billion in R&D for new technologies, including 8K and flexible displays, over the next three years [24]. - The company filed over 8,000 new patent applications in the year, with more than 90% being invention patents and over 33% filed overseas [54]. - The company has made adjustments to its accounting policies, which did not have a significant impact on its financial results [6]. - The company is actively embracing AI technology, launching the "AI+" strategy to enhance innovation in production, product development, and management [4]. - The company has established a "Screen IoT" technology architecture to support its transition to IoT, covering device, terminal, platform, and application layers [108]. - The company invests approximately 7% of its revenue annually in R&D, with 1.5% allocated to foundational and cutting-edge technology research, establishing itself as a leader in semiconductor display R&D [108]. Market Position and Strategy - The company maintained its global leadership in semiconductor display business, with LCD overall and five mainstream application product shipments continuing to rank first globally [3]. - The company aims to deepen its "Screen IoT" strategy and continue exploring new growth opportunities in the coming years [8]. - The company is expanding its market presence in Europe and North America, targeting a 20% increase in sales in these regions by 2025 [24]. - The company is exploring potential acquisitions in the semiconductor sector to enhance its supply chain capabilities [24]. - The company is committed to becoming a leader in MLED display technology and expanding its application markets [98]. - The company is focusing on sustainable practices, with a goal to reduce carbon emissions by 30% by 2030 [24]. Sustainability and Environmental Initiatives - The company has committed to achieving carbon neutrality in its operations by 2050, with a comprehensive green development strategy [7]. - The company aims to achieve carbon neutrality in its operations by 2050, with a comprehensive carbon emission management system in place [192]. - The company has implemented over 260 energy-saving and emission reduction projects, resulting in savings and benefits exceeding 150 million yuan [192]. - The company has developed a carbon management platform for over 240 suppliers to enhance supply chain sustainability [194]. - The company has a 100% disposal rate for hazardous waste, ensuring compliance with environmental regulations [187]. Corporate Governance and Management - The company has established a market value management system to enhance investor returns, approved by the board on April 18, 2025 [105]. - The company has committed to enhancing its governance structure by revising 12 internal regulations, including the Articles of Association and independent director systems [109]. - The company has strengthened its internal control systems and compliance measures to ensure effective governance and risk management [109]. - The company has maintained an A-level rating for information disclosure from the Shenzhen Stock Exchange for nine consecutive years, emphasizing transparency and compliance [110]. - The company is committed to protecting shareholders' interests through active communication and involvement in major decision-making processes [160]. Employee and Talent Development - The total number of employees at the end of the reporting period was 99,100, with 2,479 in the parent company and 61,262 in major subsidiaries [165]. - The company has established a compensation system linked to employee positions, performance, and capabilities, ensuring external competitiveness and internal fairness [167]. - The training program provided over 440,000 hours of training throughout the year, focusing on talent empowerment and innovation optimization [168]. - The number of employees with a doctoral degree was 390, while those with a master's degree totaled 10,142 [166]. Product Development and Innovation - The company launched the world's first "Z" shaped foldable screen, creating a new form of OLED products [4]. - The company has launched a new AI-driven smart display product line, which is expected to contribute an additional CNY 2 billion in revenue next year [24]. - The company is developing a new oxide technology to improve product performance, with ongoing projects to enhance oxide process capabilities [73]. - The company has successfully mass-produced its Tandem technology, which significantly reduces power consumption and doubles the lifespan of OLED products [74]. - The company is expanding its product offerings with flexible OLED laptops, marking a significant breakthrough in the laptop market [74].

京东方A公告，公司未来三年(2025年-2027年)股东回报规划已经制定。规划包括每年以现金方式分配的 利润不少于当年归属于母公司所有者的净利润的百分之三十五，以及每年用于回购股份并注销的资金总 额不低于人民币15亿元。此外，公司在有条件的情况下，可以进行中期利润分配。 ...

京东方Ａ(000725.SZ)公告称，公司计划使用自筹资金进行 股份回购， 回购金额不低于15亿元且不超过 20亿元，回购价格不超过6.11元/股。回购的A股股份将全部用于注销并减少公司注册资本。回购期限自 股东大会审议通过之日起不超过12个月。 ...

Investment Rating - Industry investment rating: Outperform the market (expected to outperform the market by more than 5% in the next 6 months) [34] Core Insights - RISC-V architecture is driving diverse demand in the chip ecosystem under AI influence, with a projected CAGR of 75% from 2020 to 2024 and an expected annual growth rate of nearly 50% until 2030 [2][9] - International market changes are expected to increase the contract price growth of memory products in Q2 2025, with both DRAM and NAND Flash prices anticipated to rise more than previously expected due to heightened trading momentum [4][5] - The global smartphone market showed a modest growth of only 1% in Q1 2025, with Samsung leading at 20% market share, followed by Apple at 18% [12][13] - QD-OLED displays are projected to account for 73% of OLED display shipments in 2025, up from 68% in 2024, indicating strong competitiveness in high-end display technology [18][19] Summary by Sections RISC-V and AI - RISC-V is recognized for its innovative architecture, offering better performance and smaller chip sizes, making it suitable for AI accelerator designs [2][9] - The market for processors utilizing RISC-V technology is expected to grow significantly, with a 10-year CAGR of approximately 57% from 2020 to 2030 [2][9] Memory Market Outlook - The memory market is experiencing a shift in supply and demand strategies due to international circumstances, leading to increased contract price expectations for DRAM and NAND Flash in Q2 2025 [4][5] - Price forecasts indicate a potential increase in memory prices, with DRAM and NAND Flash expected to rise by 3-8% in Q2 2025 after a decline in Q1 2025 [6] Smartphone Market Analysis - The smartphone market's growth remains sluggish, with a mere 1% increase in Q1 2025, attributed to macroeconomic challenges and consumer confidence issues [12][13] - Major players like Samsung and Apple continue to dominate the market, with Xiaomi, vivo, and OPPO following [12][13] Display Technology Trends - The rise of QD-OLED technology is expected to enhance the quality and performance of displays, catering to high-end users and gamers [18][19] Investment Recommendations - The report suggests focusing on semiconductor manufacturing and equipment due to the clear trend of domestic substitution, with specific companies recommended for investment [29][33]

Group 1 - The fruit index concept rose by 1.62%, ranking 9th among concept sectors, with 18 stocks increasing in value, led by Xinyi Technology, Lante Optics, and Lens Technology, which rose by 6.73%, 4.82%, and 4.41% respectively [1][2] - The fruit index concept saw a net inflow of 773 million yuan from main funds, with 14 stocks receiving net inflows, and 6 stocks exceeding 50 million yuan in net inflow, with Lens Technology leading at 247 million yuan [2][3] - The top net inflow ratios were recorded for Lens Technology, Xinyi Technology, and Lingyi Technology, with net inflow rates of 15.12%, 12.74%, and 9.75% respectively [3][4] Group 2 - The fruit index concept's performance was contrasted with other sectors, such as the 6G concept which rose by 3.18%, while the South Korea-China Free Trade Zone fell by 3.88% [2] - The trading volume and turnover rates for leading stocks in the fruit index concept were highlighted, with Lens Technology showing a turnover rate of 1.68% and a trading volume of 246.58 million yuan [3][4] - The overall market sentiment reflected a mixed performance across various sectors, with some experiencing significant declines, such as the dairy sector which fell by 3.69% [2]

Core Points - The A-share market indices closed mixed, with the China Securities Hong Kong-Shenzhen Connect Midstream Index reported at 2508.85 points [1] - The index has seen a decline of 12.49% over the past month, 4.21% over the past three months, and 5.65% year-to-date [1] Index Composition - The top ten holdings of the China Securities Hong Kong-Shenzhen Connect Midstream Index include: - CATL (4.07%) - SMIC (1.41%) - Luxshare Precision (1.02%) - North Huachuang (1.01%) - Haiguang Information (0.98%) - Cambrian (0.96%) - BOE A (0.96%) - Huichuan Technology (0.92%) - China State Construction (0.78%) [1] - The market share of the index's holdings is as follows: - Shenzhen Stock Exchange: 46.89% - Shanghai Stock Exchange: 45.64% - Hong Kong Stock Exchange: 7.47% [1] Industry Breakdown - The industry composition of the index holdings is as follows: - Industrial: 46.42% - Information Technology: 33.62% - Materials: 9.96% - Consumer Discretionary: 5.14% - Communication Services: 4.86% [2] - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2]