Group 1 - Company Weixinno is planning to issue A-shares to specific investors, which may lead to a change in control of the company; the specific plan is still under further verification and negotiation [1] - The company's stock has been suspended from trading since November 3, with an expected suspension period of no more than 2 trading days [1] Group 2 - Company Shenyu has received approval from the China Securities Regulatory Commission for its application to issue convertible bonds to unspecified investors [1]

Group 1 - Company Weixinno is planning to issue A-shares to specific targets, which may lead to a change in control of the company. The specific plan is still under further verification and negotiation [1] - The company's stock has been suspended from trading since November 3, with the suspension expected to last no more than two trading days [1] Group 2 - Company Shenyu Co., Ltd. has received approval from the China Securities Regulatory Commission for its application to issue convertible bonds to unspecified targets [1]

鉴于上述事项尚存在重大不确定性，为保证公平信息披露，维护投资者利益， 避免造成公司股价异常波动，根据《深圳证券交易所股票上市规则》《深圳证券 交易所上市公司自律监管指引第 6 号——停复牌》等有关规定，经公司向深圳证 券交易所申请，公司股票（股票简称：维信诺，股票代码：002387）自 2025 年 11 月 3 日（星期一）开市起停牌，预计停牌时间不超过 2 个交易日。 停牌期间，公司将根据上述事项进展情况，严格按照有关法律、法规的规定 及时履行信息披露义务。待上述事项确定后，公司将及时发布相关公告并申请公 司股票复牌。 证券代码：002387 证券简称：维信诺 公告编号：2025-119 维信诺科技股份有限公司 关于筹划公司控制权变更事项的停牌公告 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： 1. 公司股票自 2025 年 11 月 3 日（星期一）开市起停牌，预计停牌时间不 超过 2 个交易日； 2. 公司控制权变更事项目前处于筹划阶段，尚存在重大不确定性，敬请广 大投资者注意投资风险。 维信诺科技股份有限公司（以下简称"公司"）正在筹划 ...

Core Insights - The global display panel industry is shifting its competitive focus towards medium-sized OLED panels, with significant investments from major players like TCL, BOE, and Visionox [1][9] Group 1: Industry Developments - TCL's T8 project, the world's first large-scale production line for 8.6-generation printed OLED, has commenced in Guangzhou with a total investment of 29.5 billion yuan and a designed monthly capacity of 22,500 glass substrates [1][5] - The combined investment in 8.6-generation OLED production lines by Samsung Display, BOE, Visionox, and TCL has reached nearly 170 billion yuan, indicating a collective push in the medium-sized OLED market [6][9] Group 2: Technological Advancements - The T8 project is expected to provide over 15% cost advantage compared to other OLED technologies due to its high material utilization rate of 90% and elimination of expensive vacuum processes [4][5] - The T8 line will integrate AI and smart manufacturing technologies, enhancing production efficiency and reducing defect rates significantly [5][10] Group 3: Market Trends - The medium-sized OLED market is projected to experience substantial growth, with compound annual growth rates of 33% for laptop OLED panels and 27% for automotive displays by 2030 [7][9] - The penetration rate of OLED in medium-sized applications is expected to rise sharply, driven by new product launches from major brands like Apple and Samsung [7][8] Group 4: Competitive Landscape - BOE and Visionox are also advancing their own 8.6-generation OLED projects, with BOE investing 63 billion yuan and Visionox focusing on its proprietary ViP technology [6][9] - The collective efforts of these companies are reshaping the global competitive landscape, moving China from a "follower" to a "leader" in the medium-sized OLED sector [1][9] Group 5: Future Outlook - The medium-sized OLED industry is expected to undergo significant transformations, with a focus on quality improvement and technological innovation over mere scale expansion [11] - The T8 project is anticipated to play a crucial role in establishing a complete domestic supply chain, enhancing the localization of materials and equipment [10][11]

北京商报讯（记者 马换换 李佳雪）11月3日早间，深交所官网显示，维信诺（002387）拟筹划控制权变 更事项，公司股票于11月3日开市起临时停牌，待公司通过指定媒体披露相关公告后复牌。 ...

维信诺科技股份有限公司拟筹划控制权变更事项，根据深圳证券交易所《股票上市规则》和《上市公司 自律监管指引第6号——停复牌》的有关规定，经公司申请，公司股票(证券简称：维信诺，证券代码： 002387)于2025年11月3日开市起临时停牌，待公司通过指定媒体披露相关公告后复牌，敬请投资者密切 关注。 中国经济网北京11月3日讯深圳证券交易所今日发布关于维信诺（002387）科技股份有限公司股票临时 停牌的公告。 ...

人民财讯11月3日电，深交所公告，维信诺科技股份有限公司拟筹划控制权变更事项，经公司申请，公 司股票（证券简称：维信诺，证券代码：002387）于2025年11月3日开市起临时停牌，待公司通过指定 媒体披露相关公告后复牌，敬请投资者密切关注。 转自：证券时报 ...

Core Insights - The global display panel industry is shifting its competitive focus towards medium-sized OLED panels, with significant investments from major players like TCL, BOE, and Visionox [1][5][7] Group 1: TCL Huaxing's T8 Project - TCL Huaxing's T8 project, the world's first large-scale production line for 8.6-generation printed OLED, has commenced construction in Guangzhou with a total investment of 29.5 billion yuan and a designed monthly capacity of 22,500 glass substrates [1][2] - The T8 project is expected to achieve mass production by the second half of 2027, with the first consumer electronic products set to ship in the first half of 2026, targeting medium-sized applications such as monitors and laptops [3][4] - The T8 project will integrate AI and smart manufacturing technologies, aiming for a 50% localization rate for equipment and significant energy savings compared to traditional methods [3][8] Group 2: Competitive Landscape - BOE and Visionox have also initiated their own 8.6-generation OLED projects, creating a competitive environment among the three companies [4][6] - BOE has invested 63 billion yuan in its project, which is set to begin mass production in the fourth quarter of 2026, focusing on the reliability of its technology [4][5] - Visionox is pursuing its proprietary ViP technology, which combines the advantages of both traditional and printed OLED methods [4][5] Group 3: Market Dynamics - The medium-sized OLED market is projected to experience significant growth, with compound annual growth rates of 33% for laptop OLED panels and 27% for automotive displays by 2030 [5][7] - The shift from LCD to OLED in high-end IT products, such as Apple's iPad Pro, is expected to drive demand for medium-sized OLED panels [7][9] - The collective efforts of TCL, BOE, and Visionox are seen as a strategic move to break the overseas monopoly in the mid-to-high-end display market, with a focus on technological innovation and supply chain independence [7][9]

Core Insights - The global display panel industry is shifting its competitive focus towards medium-sized OLED panels, with significant investments from major players like TCL, BOE, and Visionox [1][5][7] Group 1: TCL Huaxing's T8 Project - TCL Huaxing's T8 project, the world's first large-scale production line for 8.6-generation printed OLED, has commenced construction in Guangzhou with a total investment of 29.5 billion yuan and a designed monthly capacity of 22,500 glass substrates [1][2] - The T8 project is seen as a critical breakthrough for China's display industry, marking a transition from a "follower" to a "leader" in the medium-sized OLED sector, with expected cost advantages of over 15% compared to other OLED technologies [2][3] - The T8 project aims to integrate AI and smart manufacturing technologies, significantly enhancing production efficiency and reducing defect rates [3][8] Group 2: Competitive Landscape - BOE and Visionox have also initiated their own 8.6-generation OLED projects, creating a competitive environment among the three companies [4][6] - BOE has invested 63 billion yuan in its project, which is set to begin mass production in Q4 2026, focusing on ensuring product stability and technological upgrades [4][5] - Visionox is pursuing its proprietary ViP technology, which combines the advantages of both evaporation and printing methods, targeting the medium to large-sized market [4][5] Group 3: Market Dynamics - The medium-sized OLED market is projected to experience significant growth, with compound annual growth rates of 33% for laptop OLED panels and 27% for automotive displays by 2030 [5][7] - The shift from LCD to OLED in high-end IT products, such as Apple's iPad Pro, is expected to drive demand for medium-sized OLED panels [7][8] - The collective efforts of TCL, BOE, and Visionox are reshaping the global competitive landscape, breaking the long-standing dominance of companies like Samsung and LGD in the high-end display market [7][9] Group 4: Future Outlook - The Chinese medium-sized OLED industry is poised for a collective breakthrough, with a focus on technological innovation and supply chain collaboration [9] - The next 3 to 5 years are expected to see a diversification of production routes and a convergence of production rhythms, with multiple lines entering mass production [9]

Core Viewpoint - The company reported stable performance in Q3 2025, with a slight increase in revenue and a reduction in losses compared to the previous year [1][2]. Financial Performance - Q3 revenue reached approximately 1.93 billion yuan, a year-on-year increase of 0.85% [2]. - Cumulative revenue for the first three quarters was 6.05 billion yuan, reflecting a year-on-year growth of 3.50% [2]. - The net profit attributable to shareholders showed a reduced loss of approximately 561 million yuan, a decrease of 9.55% compared to the previous year [2]. - The net profit after deducting non-recurring gains and losses was a loss of about 579 million yuan, down 11.61% year-on-year [2]. - The net cash flow from operating activities improved significantly, increasing by 311.06% to 2.41 billion yuan, attributed to higher sales receipts and reduced cash payments for goods and services [2]. Industry Trends - The demand for OLED panels is improving, driven by the recovery in the consumer electronics sector, particularly in smartphones and smart wearables [3]. - The construction of the world's first high-generation AMOLED production line utilizing the FMM-free technology (ViP) has been completed [3]. - The company's affiliated enterprise, Chenxian Optoelectronics, achieved multiple results in Micro LED business and launched several new Micro LED products [3].