Group 1 - The company has approved a profit distribution plan for the 2024 fiscal year, which includes a cash dividend of 1.50 RMB per 10 shares (tax included) and no bonus shares [1][1] - The record date for the rights distribution is set for June 4, 2025, and the ex-dividend date is June 5, 2025 [1][1] - The total cash dividend amount is calculated to be approximately 515.39 million RMB, based on the total shares participating in the distribution [1][1] Group 2 - The company will not withhold individual income tax for certain shareholders, and tax rates will vary based on the holding period of the shares [1][1] - The adjustment of the ex-rights price will be based on the closing price on the record date minus the per-share cash dividend amount of 0.1476127 RMB [1][1] - The company emphasizes that the total share capital will remain unchanged post-distribution, despite the cash dividend reducing the per-share distribution amount [1][1]

2024 年年度权益分派实施公告 证券代码：002241 证券简称：歌尔股份 公告编号：2025-043 歌尔股份有限公司 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。 特别提示： 1、歌尔股份有限公司（以下简称"公司"或"本公司"）2024 年年度权益分派方案 已获 2025 年 5 月 22 日召开的 2024 年度股东大会审议通过。以实施权益分派股权 登记日登记的总股本扣除公司回购专用证券账户中的回购股份为基数，按分配比例 不变的原则，本次向全体股东实施每 10 股派发现金红利 1.50 元（含税），送红股 0 股，不以公积金转增股本。 2、本次权益分派按公司总股本折算的每 10 股现金红利为 1.476127 元（含税）。 在保证本次权益分派方案不变的前提下,本次权益分派实施后的除权除息参考 价=除权除息日前一交易日收盘价-按公司总股本折算每股现金分红金额=股权登记 日收盘价-0.1476127 元/股。 一、股东大会审议通过利润分配及资本公积金转增股本方案等情况 1、公司 2024 年年度权益分派方案已获 2025 年 5 月 22 日召开的 20 ...

Core Insights - The inkjet printer market in China is experiencing a decline due to economic fluctuations, budget tightening, and consumer downgrade, with a projected shipment volume of 7.292 million units in 2024, representing an 8.7% year-on-year decrease [1][15][13] - Despite the overall decline, there is an anticipated recovery in demand in the second half of 2024, particularly driven by back-to-school season and the increasing importance of printers among students [1][15] - The market is expected to benefit from the continuous innovation in inkjet technology and an improvement in the economic environment, leading to a potential rebound in shipment volumes [1][15] Industry Overview - Inkjet printers are non-contact printers that recreate digital images by pushing ink droplets through nozzles onto paper and plastic substrates [1][15] - The technology includes ion ink, which is guided by a magnetic plate to spray onto paper, and is utilized across various industries such as advertising, textiles, packaging, education, and pharmaceuticals [1][15] - The classification of inkjet printers can be based on various factors including maximum print width, ink cartridge type, and whether they support network printing [4][5] Market Trends - The inkjet printer market in China saw a steady increase in shipments from 2017 to 2022, but has faced a downturn from 2023 to 2024 [1][15] - The overall printer market in China is projected to have a total shipment volume of 15.308 million units in 2024, with inkjet printers becoming the largest category, surpassing laser printers [13][15] - The market size for inkjet printers in China is estimated to be around $704 million in 2024, reflecting a shift towards inkjet technology due to its advantages in small batch printing and color output [16] Competitive Landscape - The competitive landscape of the inkjet printer market in China is characterized by a dual-track system where foreign companies dominate the high-end market while local companies are emerging through differentiated innovation [18][20] - Major international players include Epson, HP, Canon, and Brother, while local companies like Honghua Digital and Xiaomi are expanding their market presence [18][20] - The industry is witnessing a trend towards green and smart products, with a focus on low-energy consumption and recyclable materials, as well as the integration of IoT technologies for remote management and cloud printing [26][27] Future Outlook - The demand for inkjet printers is expected to continue growing due to the acceleration of digital transformation, with increasing needs from home offices, online education, and small businesses [25] - The commercial market for inkjet printers is projected to expand further, driven by the demand for short-run printing and personalized packaging [27] - The trend towards green and intelligent products will shape the future of the inkjet printer market, with a focus on sustainable practices and advanced technology integration [26][27]

北京市天元律师事务所 关于歌尔股份有限公司 2024 年度股东大会的法律意见 京天股字（2025）第 301 号 致：歌尔股份有限公司 歌尔股份有限公司（以下简称"公司"）2024 年度股东大会（以下简称"本 次股东大会"）采取现场投票与网络投票相结合的方式召开，现场会议于 2025 年 5 月 22 日在山东省潍坊市高新区梨园街与光电路交叉口东歌尔股份有限公司光 电园二期综合楼 A1 会议室召开。北京市天元律师事务所（以下简称"本所"） 接受公司聘任，指派本所律师参加本次股东大会现场会议，并根据《中华人民共 和国公司法》、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股 东会规则》（以下简称"《股东会规则》"）以及《歌尔股份有限公司章程》（以下 简称"《公司章程》"）等有关规定，就本次股东大会的召集、召开程序、出席现 场会议人员的资格、召集人资格、会议表决程序及表决结果等事项出具本法律意 见（以下简称"本法律意见"）。 为出具本法律意见，本所律师审查了《歌尔股份有限公司第六届董事会第二 十三次会议决议公告》《歌尔股份有限公司第六届监事会第十九次会议决议公告》 《歌尔股份有限公司关于召开 20 ...

证券代码：002241 证券简称：歌尔股份 公告编号：2025-042 歌尔股份有限公司 2024 年度股东大会决议公告 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。 特别提示： 一、 会议召开和出席情况 （一）会议的召开情况 1、本次股东大会无否决议案的情况； 2、本次股东大会未涉及变更以往股东大会已通过的决议。 1、 召开时间：2025年5月22日下午2:00 2、 召开地点：山东省潍坊市高新区梨园街与光电路交叉口东歌尔股份有限公 司光电园二期综合楼A1会议室 3、 召开方式：现场投票和网络投票相结合 4、 投票方式：通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年5月22日9:15-9:25，9:30-11:30和13:00-15:00；通过深圳证券交易所互联网 投票系统投票的具体时间为2025年5月22日上午9:15-2025年5月22日下午 3:00期间任意时间。 5、 召集人：公司董事会 6、 主持人：董事长姜滨先生 7、 本次会议的召集、召开与表决程序符合《中华人民共和国公司法》《上市 公司股东会规则》《深圳证券交易所股票上市规 ...

Investment Rating - Industry Rating: Outperform the Market (Maintained Rating) [5] Core Viewpoints - The report highlights the recovery opportunities in the consumer electronics sector following the phased implementation of tariff agreements [2] - The 3D printing industry is experiencing significant advancements, particularly in collaboration between equipment suppliers and 3C manufacturers, which is becoming a key focus in the consumer goods sector [2][11] - The iPhone 16 series has shown a price stratification across different sales channels, with significant price adjustments made by authorized dealers and e-commerce platforms to meet "trade-in" subsidy thresholds [2][20] - The panel market is characterized by distinct demand variations across applications, with television panel prices stabilizing due to supply adjustments, while monitor panel prices continue to rise [3][24] - Recent adjustments in U.S. tariffs on Chinese goods are expected to improve the outlook for Chinese manufacturers in the Apple supply chain, enhancing their shipment expectations [4][28] Summary by Sections 3D Printing - Recent developments include a joint venture between Huagong Technology and Lika Precision to focus on SLM manufacturing technology [2][11] - The domestic supply chain is witnessing critical breakthroughs in key areas, such as metal materials and laser technology, which may disrupt foreign technology monopolies [2][11][19] Apple Supply Chain - The iPhone 16 series has seen a price reduction strategy that creates a three-tier pricing structure across different sales channels [2][20] - Innovation is emphasized with the upcoming foldable iPhone featuring a book-like design, showcasing Apple's commitment to new product development [2][21] Panel Market - The television panel market is facing increased supply-demand tension, leading to a proactive reduction in production capacity by manufacturers [3][22] - Monitor panel prices have continued to rise due to tariff exemptions and proactive inventory management by brands [3][24] - The notebook panel market remains stable, with manufacturers adopting flexible pricing strategies to secure orders [3][25] Tariff Adjustments - The U.S. has announced adjustments to tariffs on Chinese goods, which is expected to positively impact the Apple supply chain and related manufacturers [4][26][28] - The tariff policy changes are anticipated to drive a recovery in the valuation of Chinese manufacturers, particularly those closely tied to Apple [4][28]

Group 1: Consumer Electronics Sector - The CSI Consumer Electronics Theme Index (931494) decreased by 0.13% as of May 22, 2025, with mixed performance among constituent stocks [1] - Leading gainers included Xunwei Communication (300136) up 3.30%, Wenta Technology (600745) up 2.63%, and Silan Microelectronics (600460) up 2.33% [1] - The Consumer Electronics ETF (561600) also fell by 0.13%, with a latest price of 0.78 yuan, but showed a 1.42% increase over the past month [1] - The ETF's trading volume was 287.16 million yuan with a turnover rate of 1.49% [1] - Over the past two weeks, the ETF's scale increased by 16.72 million yuan, ranking it in the top 1/5 among comparable funds [1] - The ETF's share count rose by 26 million shares in the same period, also placing it in the top 1/5 among comparable funds [1] - Recent capital inflow was balanced, with a total of 22.05 million yuan attracted over the last 10 trading days [1] Group 2: Artificial Intelligence Sector - The CSI Artificial Intelligence Theme Index (930713) declined by 0.06% as of May 22, 2025, with varied performance among its constituent stocks [2] - Top performers included Kunlun Wanwei (300418) up 7.89%, New Yisheng (300502) up 1.87%, and Shitou Technology (688169) up 1.82% [2] - The AI ETF (512930) decreased by 0.15%, with a latest price of 1.31 yuan, but recorded a 2.26% increase over the past month [2] - The ETF's trading volume was 28.19 million yuan with a turnover rate of 1.44% [3] - The latest scale of the AI ETF reached 1.95 billion yuan [3] - Recent net capital inflow was 1.31 million yuan, with a total of 32.98 million yuan attracted over the last five trading days [3] - Leveraged funds are actively participating, with the latest margin buying amounting to 4.44 million yuan and a margin balance of 90.18 million yuan [3] Group 3: Online Consumption Sector - The CSI Hong Kong-Shanghai Online Consumption Theme Index (931481) fell by 0.79% as of May 22, 2025, with mixed results among its constituent stocks [4] - Leading gainers included High Xin Retail (06808) up 10.24%, Kunlun Wanwei (300418) up 6.48%, and Youzu Network (002174) up 4.86% [4] - The Online Consumption ETF (159793) decreased by 0.78%, with a latest price of 0.89 yuan, but showed a 3.46% increase over the past month [4] - The index comprises 50 companies involved in online shopping, digital entertainment, online education, and telemedicine [13] - The top ten weighted stocks in the index account for 56.94% of the total weight, with Alibaba-W (09988) having the highest weight at 14.37% [13]

Group 1 - The fruit index concept declined by 0.71%, ranking among the top declines in the concept sector, with major declines seen in companies like Zhuhai Guanyu, Lens Technology, and Pengding Holdings [1] - Among the fruit index concept stocks, only three saw price increases, with Desai Battery, Anjie Technology, and Dongshan Precision rising by 0.55%, 0.45%, and 0.22% respectively [1] - The fruit index concept experienced a net outflow of 655 million yuan from main funds, with 18 stocks seeing net outflows, and five stocks experiencing outflows exceeding 30 million yuan [2] Group 2 - The top net outflow stock was Luxshare Precision, with a net outflow of 299 million yuan, followed by Goer Technology, Changdian Technology, and Lens Technology with net outflows of 62.5 million yuan, 60.9 million yuan, and 49.2 million yuan respectively [2] - The stocks with the highest net inflows included Dongshan Precision and Anjie Technology, with net inflows of 30.6 million yuan and 400,700 yuan respectively [2] - The fruit index concept's outflow leaderboard included Luxshare Precision, Goer Technology, and Changdian Technology, with respective declines of 0.83%, 0.82%, and 0.65% [3]

%% %% %% %% research.95579.com 行业研究丨深度报告丨电子设备、仪器和元件 [Table_Title] 镜观万象，AI 启新元 1 丨证券研究报告丨 报告要点 [Table_Summary] AI 眼镜是 AI 端侧的重要载体，在重量、续航、价格等环节相比传统眼镜以及过去的 AR 眼镜 均有明显的升级，当前受单一爆品 Meta Rayban 的拉动，销量高速增长，未来伴随 AI 模型的 逐步优化，AI 眼镜有望在今年迎来爆发元年，这一发展趋势与智能手机、手表、TWS 耳机相 似。从产业链来看，摄像头与 SoC 处理器是核心环节。SoC 作为核心算力来源价值量占比最 高，国内厂商有望参与；摄像头像素成为军备竞赛要点，未来有望迅速提升。自上而下选择产 业链标的， BOM 成本占比高，具备显著护城河的龙头在 AI 眼镜时代核心受益。 分析师及联系人 [Table_Author] 杨洋 SAC：S0490517070012 SFC：BUW100 请阅读最后评级说明和重要声明 2 / 32 %% %% %% %% research.95579.com 2 电子设备、仪器和元件 cjzqdt1 ...

Core Viewpoint - The recent volatility in Apple's supply chain stocks is driven by a combination of easing US-China tariff policies and Apple's aggressive pricing strategies, alongside mixed market sentiment regarding future performance [1][3][9]. Market Performance - On May 12, the Apple concept index (BK0666) closed at 2985.77 points, with a single-day increase of 2.91%. Notable stocks like LeChuang Technology surged by 22%, while several others exceeded 10% gains [2]. - However, by May 15, the index fell to 2911 points, indicating a decline from the previous highs, with many stocks in the Hong Kong market also experiencing significant drops [2]. Factors Influencing Volatility - The fluctuations in stock prices are attributed to two main factors: the recent US-China tariff adjustments and Apple's price reductions on its products. The US has announced a temporary suspension of certain tariffs, which is seen as a positive development for the supply chain [3][4]. - Apple's recent price cuts, particularly on the iPhone 16 Pro series, have seen reductions of up to 2500 yuan, with discounts exceeding 30% in some cases [4]. Financial Performance of Key Suppliers - Apple's financial results for Q2 of the 2024-2025 fiscal year showed revenues of $95.4 billion, a 5% year-over-year increase, and a net profit of $24.78 billion, up 4.84% [6]. - Key suppliers such as GoerTek, Lens Technology, and Luxshare Precision reported mixed results for Q1 2025, with revenues of 16.30 billion yuan, 17.06 billion yuan, and 61.79 billion yuan respectively, showing year-over-year growth rates of -15.57%, 10.10%, and 17.90% [7][8]. Future Outlook - Analysts suggest that the Apple supply chain may have room for recovery, driven by easing tariffs and low valuations, alongside anticipated product innovations from Apple in the coming years [9]. - Expectations are set for a new wave of product launches, including foldable screens and AI glasses, which could invigorate the supply chain and lead to an upward trend in related companies [9].