法律意见书 北京市君致律师事务所 关于维信诺科技股份有限公司 2024 年度股东大会的法律意见书 致：维信诺科技股份有限公司 北京市君致律师事务所（以下简称"本所"）接受维信诺科技股份有限公司 （以下简称"公司"）的委托，指派律师出席 2025 年 4 月 10 日下午 14:30 召开 的公司 2024 年度股东大会（以下简称"本次股东大会"）；本所依据《中华人 民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》 （以下简称"《证券法》"）、《上市公司股东大会规则》（以下简称"《股东 大会规则》"）等现行法律、法规和其他规范性文件及《公司章程》的规定，特 就公司本次股东大会相关事宜，出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的有关公司召开本次股东大 会的文件，听取了公司就有关事实的陈述和说明，出席了公司本次股东大会。公 司承诺其所提供的文件和所作的陈述和说明是完整、真实和有效的，无任何隐瞒、 疏漏之处。 本所律师仅根据本法律意见书出具日以前发生的事实及本所律师对该事实的 了解对公司本次股东大会所涉及的相关法律问题发表法律意见。本法律意见书仅 供公司为本次股东大会之目的而 ...

Group 1: Company Performance and Financials - The company achieved a revenue of 79.29 billion in 2024, representing a year-on-year growth of 33.80% [3] - The net profit attributable to the parent company decreased by 32.76% compared to the same period last year [3] - The company is focused on enhancing production capabilities and improving value creation to boost stock performance [22][23] Group 2: Major Asset Restructuring - The major asset restructuring is actively progressing, with the company coordinating with intermediaries to update financial and evaluation data for resubmission [3] - The restructuring aims to expand the product line and enhance high-end product supply capabilities, aligning with market trends [19][20] Group 3: Technology and Innovation - The company is a leader in flexible display technology, with a focus on AMOLED applications across various sizes and sectors [21] - Key innovations include the development of a 14.2-inch automotive AMOLED screen and advancements in foldable display technology [8][9] - The company has established a strong patent portfolio, leading in several international and national standards [17] Group 4: Market Trends and Growth Opportunities - The penetration rate of OLED applications in consumer electronics is expected to rise, with new growth points in mid-size and foldable displays [6][10] - The company is exploring new market applications in smart home, education, and gaming sectors, achieving significant progress [10] Group 5: ESG and Corporate Governance - The company emphasizes environmental protection and social responsibility, with ongoing efforts to enhance its ESG initiatives [16]

WitsView面板价格交流群 群聊: RENDFORCE 【 WitsView整理 】 据报道，寰采星拟投资超10亿元在浙江宁波建设高世代精密金属掩膜版（Fine Metal Mask，简称FMM）量产线，用于生产G8.6代OLED用精密金属掩膜版，以满足未来几年国内面 板企业高世代OLED产能对精密金属掩膜版（FMM）的需求。 据悉，FMM是OLED蒸镀环节中的关键材料，对于OLED显示屏的分辨率和成像质量至关重要。随着 OLED面板市场的持续增长，中国面板厂的产能扩展速度超过了海外厂商。然而，随着国内面板产能 的提升，FMM的供需平衡可能面临一定压力。 目前，日商DNP主要向韩国厂商供应高规格FMM，这使得国内面板厂在高端产品的采购上可能面临困 境。因此，FMM国产替代的需求日益增大。 随着消费市场对中大尺寸OLED需求的强烈增长，各大面板厂纷纷布局高世代OLED面板产线，将其视 为确保未来显示行业竞争优势的关键战略。目前，韩国的三星显示、国内的京东方、维信诺等主要显 示面板厂商已陆续投资建设G8.6代OLED产线。 据悉，寰采星成立于2019年，是国内首家专注于OLED蒸镀用FMM产业化的企业，同时具 ...

Core Viewpoint - The 2025 International Display Technology Conference showcased Visionox's ViP technology, highlighting its potential applications in consumer electronics and commercial displays [1][2]. Group 1: Technology Advancements - Visionox's ViP technology addresses limitations of traditional FMM processes by introducing semiconductor lithography, enhancing material utilization and processing precision [1]. - The technology features a unique isolation pillar structure that allows for independent optimization of sub-pixel layers, overcoming RGB performance constraints found in traditional methods [1]. - ViP technology achieves a 69% aperture ratio combined with a Tandem stacking architecture, significantly improving panel brightness and lifespan, particularly for automotive displays [1]. Group 2: Performance Metrics - The color deviation (JNCD) of the ViP technology is less than 1.0, with over 100% color gamut retention, enabling near-perfect visual reproduction [1]. - ViP technology supports a true RGB arrangement of 1700 ppi, effectively eliminating the "screen door" effect in AR/VR applications [1][2]. Group 3: Production Efficiency - The production line utilizing ViP technology can manufacture a wide range of products from 1 inch to 80 inches within a single facility, enhancing flexibility and cost-effectiveness [2]. - The reduction in costs associated with traditional FMM processes and improved layout efficiency allows for economical mass production of customized small to medium-sized panels [2]. - This flexible production capability positions the industry to better navigate cyclical fluctuations and accelerates OLED penetration into larger display markets, potentially establishing a first-mover advantage in emerging sectors like XR devices [2]. Group 4: Future Developments - Visionox is rapidly advancing the world's first 8.6-generation AMOLED production line equipped with ViP technology [3].

Group 1 - The core idea of the articles revolves around the innovative applications of AMOLED technology in various sectors, enhancing consumer experiences in home, automotive, and entertainment environments [1][2][3][4]. Group 2 - In the home sector, the integration of a 6.17-inch AMOLED screen in smart washing machines allows for a more intuitive interface, utilizing AI algorithms for personalized washing recommendations and enabling synchronization with other appliances [2]. - The automotive application features a 6.8-inch AMOLED dashboard for electric bikes, providing clear visibility under direct sunlight, real-time data display, and enhanced safety through AI environmental perception [3]. - In entertainment, a 7-inch AMOLED gaming device showcases high refresh rates and advanced visual technologies, while a 1.43-inch display on a smart speaker enhances user interaction through visual and auditory integration [4].

Group 1: Company Overview and Performance - In 2024, the company achieved a revenue of 7.929 billion CNY, representing a year-on-year growth of 33.80% [3] - The OLED mobile panel demand improved due to the recovery in the downstream consumer electronics industry, leading to an increase in product prices [2] - The company focused on optimizing product structure and enhancing supply to key customers, resulting in a significant increase in shipment volume [2] Group 2: Production Capacity and Technology - The company’s Kunshan 5.5-generation AMOLED production line continues to optimize product structure and upgrade capacity, while the 6th-generation flexible AMOLED production line in Gu'an maintains a high utilization rate [2] - The company is actively releasing production capacity for low-power dynamic refresh rate technology and foldable products, supplying multiple high-end products [2] - The global AMOLED market is expected to grow, with a projected compound annual growth rate (CAGR) of 56% for IT product AMOLED panel shipments and 49% for automotive display AMOLED panel shipments from 2023 to 2028 [5] Group 3: Strategic Initiatives and Customer Relations - The company is enhancing customer experience and expanding its diversified brand customer base, while deepening cooperation with leading brands such as Honor, Xiaomi, OPPO, and Google [2][3] - The company is focusing on improving profitability through innovation, optimizing product structure, and enhancing delivery and customer service capabilities [6][7] - The localization of the supply chain is being strengthened, with significant improvements in the local sourcing rate compared to the previous year [7]

证券代码：002387 证券简称：维信诺 公告编号：2025-038 维信诺科技股份有限公司 关于收到深圳证券交易所中止审核公司发行股份及支付现金购 买资产并募集配套资金暨关联交易通知的公告 公司本次发行股份及支付现金购买资产并募集配套资金暨关联交易事项尚 需通过深交所审核，并取得中国证券监督管理委员会同意注册的决定后方可实施。 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，无虚 假记载、误导性陈述或者重大遗漏。 维信诺科技股份有限公司（以下简称"公司"）拟通过发行股份及支付现金 的方式购买参股公司合肥维信诺科技有限公司（以下简称"标的公司"）控股权， 同时，公司拟向不超过35名符合条件的特定投资者发行股份募集配套资金（以下 简称"本次重组"）。 公司于2025年3月31日收到深圳证券交易所（以下简称"深交所"）的通知， 因公司本次重组申请文件中记载的财务资料及评估资料已过有效期，需要补充提 交，按照《深圳证券交易所上市公司重大资产重组审核规则》的规定，深交所对 公司本次重组中止审核。 一、中止审核的原因 公司本次重组申请文件中审计报告财务数据基准日为2024年6月30日，评估 报告评估数据基准日 ...

证券代码：002387 证券简称：维信诺 公告编号：2025-037 维信诺科技股份有限公司 关于举行 2024 年度网上业绩说明会的公告 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，无虚 假记载、误导性陈述或者重大遗漏。 维信诺科技股份有限公司（以下简称"公司"）《2024年年度报告》已经公 司第七届董事会第十七次会议审议通过，并于2025年3月21日在巨潮资讯网 （www.cninfo.com.cn）上披露，敬请投资者查阅。 为更好与投资者进行交流，提升交流的针对性，公司将向投资者提前征集问 为便于广大投资者进一步了解公司的经营情况，公司将于2025年4月8日（星 期二）下午15:00-16:30举办2024年度网上业绩说明会，现将相关事项公告如下： 一、业绩说明会相关安排 1、召开时间：2025年4月8日（星期二）下午15:00-16:30 2、召开方式：网络远程线上方式 3、公司出席人员：董事长兼总经理张德强先生、独立董事杨有红先生、副 总经理兼董事会秘书徐凤英女士、财务总监周任重先生 4、参会方式： （1）电脑端参会：https://s.comein.cn/xcufj2px （2）手机 ...

Core Viewpoint - The significant drop in the stock price of Visionox is attributed to a combination of disappointing performance and concerns over its financial practices, particularly following a Huawei event that highlighted competitive pressures in the flexible display market [1][2][3]. Financial Performance - Visionox's stock price fell from 13.22 yuan on March 18 to 9.68 yuan by March 25, marking a decline of over 20% [2]. - The company reported cumulative losses exceeding 97.77 billion yuan, which is nearly seven times its paid-in capital of 13.97 billion yuan [3]. Capital Operations - Visionox plans to acquire a 40.91% stake in Hefei Visionox for 60.98 billion yuan, which will increase its ownership to 59.09%, making it the controlling shareholder [6][7]. - The acquisition will be financed through cash and stock issuance, indicating ongoing capital operations despite significant losses [6]. Concerns Over Financial Practices - There are allegations of potential financial misrepresentation, including inflated revenues and possible financial fraud, as indicated by the scrutiny from the Shenzhen Stock Exchange [8][9]. - The prolonged duration of the acquisition process, nearly two years, raises questions about the legitimacy and transparency of the transaction [10]. Performance of Subsidiaries - The performance of Guangzhou Guoxian, a subsidiary of Visionox, has significantly underperformed expectations, with a reported net profit of only 1.52 billion yuan in 2022, far below the projected 13.48 billion yuan [12]. - In 2023, Guangzhou Guoxian faced substantial losses, further impacting Visionox's overall financial health [12]. Revenue and Client Relationships - Visionox's revenue from major clients has shown volatility, with significant fluctuations in contributions from key customers like Nothing Technology, which dropped from over 20% to less than 2% in 2023 [23][24]. - The company's accounts receivable are heavily concentrated, with over 90% coming from related parties, raising concerns about the quality and sustainability of its revenue streams [30][31]. Valuation and Asset Assessment - The valuation of Hefei Visionox has been called into question, particularly regarding the assessment of accounts receivable, which were evaluated without considering potential bad debts [26][28]. - The company's financial practices, including the treatment of construction in progress and the delay in asset capitalization, suggest a strategy to present a more favorable financial position [22][37]. Conclusion - Visionox faces significant challenges, including a deteriorating financial position, questionable financial practices, and a competitive market environment that necessitates greater transparency and accountability from its management [38][39].

证券代码：002387 证券简称：维信诺 公告编号：2025-036 维信诺科技股份有限公司 关于为控股子公司提供担保的进展公告 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，无虚 假记载、误导性陈述或者重大遗漏。 特别提示： 截至目前，维信诺科技股份有限公司（以下简称"公司"）及控股公司对外担 保总额（含对合并报表范围内子公司担保）已超过公司最近一期经审计净资产的 100%，担保金额超过公司最近一期经审计净资产的 50%，公司对合并报表外单 位担保金额超过最近一期经审计净资产的 30%，敬请广大投资者注意投资风险。 一、担保情况概述 1、公司分别于 2024 年 4 月 29 日和 2024 年 5 月 22 日召开第六届董事会第 四十四次会议和 2023 年度股东大会，审议通过了《关于 2024 年度为公司及子公 司提供担保额度预计的议案》，同意公司 2024 年度为全资子公司维信诺（固安） 显示科技有限公司、全资子公司合肥维信诺贸易有限公司、全资子公司汕头市维 信诺销售服务有限公司、全资子公司霸州市云谷电子科技有限公司、控股子公司 云谷（固安）科技有限公司（以下简称"固安云谷"）、全资孙公司 ...