京东方科技集团股份有限公司 2025 年前三季度计提资产减值准备的公告 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。 | 项目 | 期初余额 | 本年 | 本年减少 | | 汇率 | 期末 | | --- | --- | --- | --- | --- | --- | --- | | | | 增加 | 转回 | 转销 | 变动 | 余额 | | 坏账准备 | 24,779 | 9,139 | 1,176 | 11 | -98 | 32,633 | | 存货跌价准备 | 682,291 | 353,178 | 165,750 | 311,080 | -409 | 558,230 | | 长期股权投资减值准备 | 117,439 | - | - | - | -329 | 117,110 | | 固定资产减值准备 | 205,521 | 286 | - | 10,672 | - | 195,135 | | 在建工程减值准备 | 7,747 | - | - | 37 | - | 7,710 | | 商誉减值准备 | 28,545 | - | - | - | - | ...

| 证券代码：000725 | 证券简称：京东方 | A | 公告编号：2025-080 | | --- | --- | --- | --- | | 证券代码：200725 | 证券简称：京东方 | B | 公告编号：2025-080 | 京东方科技集团股份有限公司 关于召开 2025 年第三次临时股东会的通知 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。 根据《中华人民共和国公司法》《深圳证券交易所股票上市规则》 及《京东方科技集团股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，京东方科技集团股份有限公司（以下简称"公司"）拟召 开 2025 年第三次临时股东会，会议有关事项公告如下： 一、召开会议基本情况 1 1、股东会届次：2025 年第三次临时股东会 2、股东会的召集人：公司董事会 3、会议召开的合法、合规性：本次股东会的召集程序符合有关 法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 4、会议召开日期、时间： （1）现场会议开始时间：2025 年 11 月 17 日 13:30 （2）网络投票时间： 通过深圳证券交易所交易系 ...

证券代码：000725 证券简称：京东方 A 公告编号：2025-075 证券代码：200725 证券简称：京东方 B 公告编号：2025-075 京东方科技集团股份有限公司 第十一届董事会第十次会议决议公告 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。 京东方科技集团股份有限公司（以下简称"京东方"、"公司"） 第十一届董事会第十次会议于 2025 年 10 月 20 日以电子邮件方式发 出通知，2025 年 10 月 30 日（星期四）以通讯方式召开。 （一）关于审议《2025 年第三季度报告》的议案 具体内容详见与本公告同日披露的《京东方科技集团股份有限公 司 2025 年第三季度报告》。 本议案已经公司董事会风控和审计委员会审议通过。 表决结果：11 票同意，0 票反对，0 票弃权。 （二）关于选举公司第十一届董事会非独立董事的议案 具体内容详见与本公告同日披露的《京东方科技集团股份有限公 司关于选举公司第十一届董事会非独立董事的公告》。 本议案已经公司董事会提名薪酬考核委员会审议通过。 本议案需提交股东会审议。 公司董事会共有董事 11 人，全部出 ...

Core Insights - BOE Technology Group Co., Ltd. reported a revenue of 53.27 billion yuan for Q3 2025, marking a year-on-year increase of 5.81% [2] - The net profit for the same quarter was 1.36 billion yuan, reflecting a year-on-year growth of 32.07% [2] - For the first three quarters of 2025, the company achieved a total revenue of 154.55 billion yuan, which is a 7.53% increase compared to the previous year [2] - The net profit for the first three quarters reached 4.60 billion yuan, showing a significant year-on-year growth of 39.03% [2]

Financial Performance - Revenue for Q3 2025 reached ¥53.27 billion, an increase of 5.81% year-over-year[9] - Net profit attributable to shareholders was ¥1.35 billion, up 32.07% compared to the same period last year[9] - Net profit excluding non-recurring items was ¥896.92 million, reflecting a 29.15% increase year-over-year[9] - Total operating revenue for the current period reached ¥154.55 billion, an increase of 7.5% compared to ¥143.73 billion in the previous period[23] - The net profit for the current period is CNY 4,404,678,299, a significant increase from CNY 1,937,285,843 in the previous period, representing a growth of approximately 128.5%[25] - Operating profit reached CNY 5,550,695,257, compared to CNY 2,667,487,383 in the previous period, indicating an increase of about 107.0%[25] - Basic and diluted earnings per share were both CNY 0.12, up from CNY 0.09 in the previous period, reflecting a growth of 33.3%[25] - The total comprehensive income for the current period was CNY 4,692,992,726, compared to CNY 2,000,415,942 in the previous period, marking an increase of approximately 134.0%[25] Asset and Liability Management - Total assets at the end of the reporting period amounted to ¥430.75 billion, a slight increase of 0.18% from the end of the previous year[9] - Total liabilities decreased slightly to ¥225.82 billion from ¥225.43 billion, a marginal decline of 0.2%[22] - Non-current liabilities increased to ¥126.43 billion, up from ¥110.17 billion, indicating a growth of 14.7%[22] - The equity attributable to shareholders rose to ¥133.79 billion from ¥132.94 billion, an increase of 0.6%[22] Cash Flow and Investments - Cash flow from operating activities increased by 8.58%, driven by higher sales volume during the reporting period[13] - The company's cash and cash equivalents decreased to ¥71.24 billion from ¥74.25 billion, a decline of 4.0%[20] - Cash flow from investing activities resulted in a net outflow of CNY 31,673,668,859, worsening from a net outflow of CNY 22,961,294,937 in the previous period[27] - Cash flow from financing activities showed a net outflow of CNY 10,844,599,468, compared to a net outflow of CNY 8,217,634,394 in the previous period, indicating increased financing costs[27] - The company received CNY 5,061,118,800 from investments, which is a substantial increase from CNY 2,663,757,000 in the previous period, indicating strong investor confidence[27] Shareholder Information - Total number of common shareholders at the end of the reporting period reached 1,045,898, including 1,016,278 A-share shareholders and 29,620 B-share shareholders[15] - The top 10 shareholders hold significant stakes, with Beijing State-owned Capital Operation Management Co., Ltd. owning 10.86% (4,063,333,333 shares) and Hong Kong Central Clearing Limited holding 7.23% (2,704,795,565 shares)[15] - The company has implemented a stock option and restricted stock incentive plan, with 7,046,622 stock options available for exercise, accounting for 0.02% of the total share capital[16] - As of September 30, 2025, the company repurchased a total of 164,662,200 A-shares, representing approximately 0.4484% of A-shares and 0.4401% of total share capital, with a total payment of 663,395,137.00 RMB[17] - The highest repurchase price was 4.25 RMB per share, while the lowest was 3.94 RMB per share[17] - The company continues to focus on its stock incentive plans to align management interests with shareholder value[16] Management and Governance - The company announced the resignation of senior management, including the Chief Cultural Officer, due to work changes, and the election of a new employee director[18] - The company is actively managing its shareholder structure and governance through board elections and management changes[18] - The company has not disclosed any significant changes in the top 10 shareholders' participation in margin trading or securities lending[16] - There are no known relationships or concerted actions among the top 10 shareholders outside of the disclosed connections[16] Operational Costs and Expenses - Total operating costs amounted to ¥149.93 billion, up from ¥138.60 billion, reflecting a year-over-year increase of 8.5%[23] - Research and development expenses increased to ¥9.56 billion, compared to ¥8.82 billion in the previous period, marking a growth of 8.3%[23] - Inventory levels rose significantly to ¥27.86 billion, up from ¥23.31 billion, representing an increase of 19.5%[20] - Other income for the current period was ¥2.12 billion, compared to ¥1.49 billion in the previous period, showing a growth of 42.5%[24]

Market Overview - The optical and optoelectronic sector experienced a decline of 1.65% on October 30, with Tengjing Technology leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable gainers in the optical and optoelectronic sector included: - *ST Hengjiu: Closed at 6.11, up 4.98% with a trading volume of 247,200 shares and a turnover of 149 million yuan [1] - ST Changfang: Closed at 2.27, up 2.25% with a trading volume of 147,600 shares and a turnover of 33.54 million yuan [1] - Huichuangda: Closed at 35.89, up 2.13% with a trading volume of 77,300 shares and a turnover of 275 million yuan [1] - Major decliners included: - Eagle View Technology: Closed at 117.60, down 11.60% with a trading volume of 118,100 shares and a turnover of 1.471 billion yuan [2] - Longli Technology: Closed at 19.37, down 7.72% with a trading volume of 131,300 shares and a turnover of 259 million yuan [2] - Hebitai: Closed at 3.26, down 6.59% with a trading volume of 3.8122 million shares and a turnover of 1.263 billion yuan [2] Capital Flow - The optical and optoelectronic sector saw a net outflow of 1.434 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.226 billion yuan [2] - Specific stock capital flows included: - TCL Technology: Net inflow of 159 million yuan from institutional investors, with a net outflow of 17.2 million yuan from retail investors [3] - Su Da Weige: Net inflow of 105 million yuan from institutional investors, with net outflows from both retail and speculative investors [3] - Wanrun Technology: Net inflow of 49.84 million yuan from institutional investors, with a net outflow from speculative investors [3]

Core Insights - Intel and BOE are collaborating to develop AI-based energy-saving solutions for laptop displays, aiming to balance energy efficiency and visual quality while extending battery life and enhancing user experience [1][2] Group 1: Collaboration Overview - The partnership between Intel and BOE has resulted in multiple innovative energy-saving technologies over the past decade, significantly improving laptop battery life [1] - The new technology is expected to be implemented in OEM products using Intel platforms by 2026 [1] Group 2: Technological Innovations - Multi-Frequency Display (MFD) technology allows the screen to intelligently adjust its refresh rate based on the content being displayed, optimizing energy consumption and extending battery life [1][2] - The 1Hz ultra-low refresh rate technology reduces power consumption by switching to a lower refresh rate when content does not require frequent updates, such as static text [2] - SmartPower HDR technology dynamically adjusts display voltage based on content brightness, optimizing power usage during HDR video playback [2] Group 3: Market Impact and Future Applications - The collaboration aims to create a balance between energy efficiency and visual clarity, paving the way for new usage scenarios in the AI PC era [2] - Intel and BOE plan to work with laptop OEM manufacturers to promote the widespread application of these technologies in laptop products by 2026 [2]

Core Insights - Intel and BOE announced a collaboration to develop AI-based energy-saving solutions for laptop displays, aiming to balance energy efficiency and visual quality while extending battery life [1][3]. Group 1: Technology Innovations - The technology is expected to be implemented in laptops using Intel platforms by 2026, covering multiple advanced display innovations [3]. - Multi-Frequency Display (MFD) technology allows screens to automatically adjust refresh rates based on real-time content, optimizing energy consumption and performance [3]. - The 1Hz ultra-low refresh rate technology uses AI algorithms to reduce refresh rates to 1Hz when screen content does not change frequently, significantly enhancing energy savings [3]. Group 2: SmartPower HDR Technology - SmartPower HDR technology addresses high power consumption and brightness instability in HDR mode by intelligently adjusting display voltage based on image brightness [4]. - This technology allows for reduced power consumption in low-brightness scenes while maintaining high visual quality in bright scenes [4]. Group 3: Industry Impact - The collaboration is expected to accelerate the application of AI in the display industry, pushing laptop display technology towards smarter and more energy-efficient solutions [4]. - Intel plans to deepen its strategic partnership with BOE to drive innovation in AI display technology, contributing to a new phase of high performance and low power consumption in the global laptop industry [4].

Core Viewpoint - The Shenzhen State-Owned Enterprises ESGR Index (470055) closed at 1633.26 points, up 1.39%, with a trading volume of 40.107 billion yuan and a turnover rate of 1.08% on October 29 [1] Group 1: Index Performance - The ESGR Index had 30 constituent stocks rising, with Zhongtung High-tech leading at a 10.0% increase, while 16 stocks declined, with Tianhong Co. leading the decline at 3.74% [1] - The top ten constituent stocks of the ESGR Index include Hikvision, BOE Technology Group, and Wuliangye, with respective weights of 9.64%, 9.31%, and 8.62% [1] Group 2: Market Capitalization and Sector Breakdown - Hikvision has a market capitalization of 305.648 billion yuan, while BOE Technology Group and Wuliangye have market capitalizations of 152.274 billion yuan and 461.251 billion yuan, respectively [1] - The sectors represented in the top ten stocks include Computer, Electronics, Food & Beverage, Automotive, Defense, Non-Bank Financials, Nonferrous Metals, Pharmaceutical & Biotechnology, and Real Estate [1] Group 3: Capital Flow - The net outflow of main funds from the ESGR Index constituents totaled 282 million yuan, while retail investors saw a net inflow of 365 million yuan [1] - Notable net inflows from retail investors were observed in stocks like Langchao Information and Shunwan Hongyuan, while significant outflows were noted in stocks like Zhongtung High-tech and Deep Technology [2]

Core Viewpoint - Intel China and BOE are collaborating to develop AI-based energy-saving solutions for laptop display screens, aiming to enhance battery life while maintaining visual quality [1] Group 1: Collaboration Details - The partnership focuses on creating energy-efficient display technologies utilizing AI [1] - The solution includes features such as multi-frequency display, 1Hz ultra-low refresh rate, and SmartPower HDR technology [1] Group 2: Technology Benefits - The AI-based solution is designed to intelligently balance energy efficiency and picture quality [1] - It is expected to extend battery life while ensuring an excellent visual experience [1] Group 3: Implementation Timeline - The technology is projected to be first applied in OEM products using Intel platforms by 2026 [1]