AI基金英大国企改革A（001678）披露2025年二季报，第二季度基金利润1255.47万元，加权平均基金份额本期利润0.0313元。报告期内，基金净值增长率为 2.47%，截至二季度末，基金规模为5.86亿元。 该基金属于标准股票型基金。截至7月18日，单位净值为1.621元。基金经理是张媛，目前管理5只基金近一年均为正收益。其中，截至7月18日，英大中证 ESG120策略指数A近一年复权单位净值增长率最高，达16.46%；英大碳中和混合A最低，为6.33%。 基金管理人在二季报中表示，报告期内，基金的整体运作基于权益投研自身所坚持的深度研究和价值发掘的理念，开展投研工作。基金股票投资比例的中枢 维持在 85%左右，投资方式为自上而下与自下而上型，在国企改革主题范围内筛选"科技+内需低估"的优质标的。具体而言，个股方面主要布局包括低估值 如有色金属、食品医疗、军工等行业；以及较具成长属性的新兴科技领域如电子半导体、人工智能、先进制造相关产业链等。 截至7月18日，英大国企改革A近三个月复权单位净值增长率为10.04%，位于同类可比基金89/167；近半年复权单位净值增长率为6.78%，位于同类可比基金 1 ...

Core Insights - The polarized lens industry is experiencing significant growth driven by the rapid development of the consumer electronics sector, particularly in smartphones, tablets, and laptops, leading to increased demand for polarized lenses [1][11] - Government support for new materials industries, as outlined in the "Industrial Strategic Emerging Industries Classification Directory (2023)," is further propelling the development of the polarized lens industry [1][11] - The market size of the polarized lens industry has risen from 14.74 billion yuan in 2018 to 31 billion yuan, with expectations for continued growth as downstream application areas expand [1][11] Industry Overview - Polarized lenses, also known as polarizing filters, are used to eliminate direct light and enhance visual clarity, making them essential in various applications including eyewear, camera lenses, and LCD displays [3][11] - The industry has evolved through three stages: a nascent phase from 1995-1999, a startup phase from 2000-2010, and a high-growth phase from 2011 to present, with significant advancements in technology and market competitiveness [5][11] Industry Chain - The polarized lens industry chain consists of upstream raw materials (polarizing films, protective films, adhesive materials), midstream manufacturers who produce the final products, and downstream applications in eyewear, cameras, and electronic devices [7][11] Competitive Landscape - Domestic companies are enhancing their market competitiveness through technological innovation and industrial upgrades, although there remains a gap in high-end products compared to international leaders [13] - Key players in the industry include Ningbo Shanshan Co., Ltd., Hengmei Optoelectronics Co., Ltd., and Shenzhen Sanlipu Optoelectronics Co., Ltd., among others [13][15] Market Trends - The demand for polarized lenses is expected to grow as consumers increasingly prioritize health, safety, and fashion, with applications expanding into emerging fields like virtual reality and autonomous driving [21][22] - International demand for Chinese polarized lens products is rising, supported by the increasing recognition and competitiveness of Chinese brands in global markets [22] - Market concentration is anticipated to increase as leading companies expand production capacities, with Hengmei Optoelectronics planning to add 140 million square meters of polarized lens capacity by 2027 [24]

Core Viewpoint - The article highlights the active cash dividend distribution by listed companies in the 2024 fiscal year, with a total of 3,669 companies announcing distribution plans, reflecting a strong emphasis on cash dividends encouraged by regulatory bodies [1][2]. Summary by Category Dividend Distribution - A total of 3,664 companies included cash dividends in their distribution plans for 2024, with a cumulative cash payout amounting to 1.64 trillion yuan [1]. - There are 346 companies that included stock transfers in their distribution plans for 2024 [1]. Key Dates for Investors - Important dates for investors focusing on dividends are the ex-dividend date and the record date. Currently, 119 companies have implemented their distribution plans, and investors should monitor whether these companies' stock prices can achieve a "filling rights" trend [1]. - For companies yet to implement their rights, investors may consider "抢权" (grabbing rights) before the record date, which is the last trading day for this dividend [1]. Notable Companies and Performance - Among the companies with a record date today, 9 out of 10 have a cash dividend of 1 yuan (tax included) or more per 10 shares. 雅艺科技 (Yayi Technology) has the highest payout of 5.00 yuan per 10 shares, followed by 九强生物 (Jiuqiang Biology) and 中润光学 (Zhongrun Optics) with payouts of 4.00 yuan and 3.50 yuan, respectively [1][2]. - The highest stock transfer ratio among the companies with a record date today is also from 雅艺科技, which has a distribution plan of 10 shares for every 3 shares transferred, along with a cash payout of 5 yuan [2]. - In terms of stock performance, 香山股份 (Xiangshan Co.) has seen the largest increase over the past five days, with a rise of 12.14%, followed by 三利谱 (Sanlipu) and 雅艺科技 (Yayi Technology) [2]. Summary of Upcoming Dividend Companies - A table lists companies with their respective cash payouts, stock transfer ratios, latest closing prices, and five-day price changes, indicating the financial health and market performance of these companies [2].

Investment Rating - The report maintains a "Buy-A" investment rating for the company with a six-month target price of 28.8 yuan [4][5]. Core Views - The company has shown significant revenue growth, with a 25.25% increase in revenue to 2.59 billion yuan in 2024 and a 59.07% increase in net profit to 68.09 million yuan [2][4]. - The first quarter of 2025 also reflects strong performance, with an 48.43% increase in revenue to 805 million yuan, although net profit decreased by 3.62% to 30 million yuan [1][2]. - The company is actively expanding its market presence and enhancing strategic partnerships with downstream customers, leading to record-high quarterly revenues in the latter half of 2024 [2][3]. Summary by Sections Financial Performance - In 2024, the company achieved a total sales volume of 33.07 million square meters of polarizers, a 30.40% increase year-on-year [2]. - The gross margin improved from 14.81% in 2023 to 17.29% in 2024, and further to 17.72% in Q1 2025 [2][3]. - Revenue projections for 2025 to 2027 are estimated at 3.44 billion yuan, 4.55 billion yuan, and 5.82 billion yuan respectively, with net profits expected to be 179 million yuan, 292 million yuan, and 399 million yuan [4][11]. Product Innovation and Business Expansion - The company submitted 29 new patent applications in 2024, including 19 invention patents, and received 25 new patent grants [3]. - The company is accelerating the construction of new production capacity in Hefei, which is expected to support rapid shipments of large-size TV products in 2025 [3]. Market Outlook - The report indicates a gradual recovery in the panel industry, with increasing utilization rates and a positive outlook for the company's product lines, particularly in OLED products [2][3].

【WitsView整理】 近日，京东方、彩虹股份、 TCL科技、 三利谱、蓝黛科技、晶合集成、路维 光电、翰博高新、康冠科技9家显示相关企业相继披露2025年第一季度报告。具体如下： 2025年第一季度，京东方实现营业收入505.99亿元，同比增长10.27%，创一季度收入历史新高； 实现归属于上市公司股东净利润16.14亿元，同比增长64.06%；扣除非经常性损益后的净利润13.52 亿元，同比增长126.56%。 | 项目 | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | (%) | | | 营业收入(元) | 50.598.933.939.00 | 45,887,570,444.00 | | 10.27% | | 归属于上市公司股东的净利 | 1,613,999,380.00 | 983.812.692.00 | | 64.06% | | 润(元) | | | | | | 归属于上市公司股东的扣除 非经常性损益的净利润 | 1.351.864.713.00 | 596.689.345.00 | | 126.56 ...

证券代码：002876 证券简称：三利谱 公告编号：2025-031 经审核，公司监事会认为：公司2025年第一季度报告全文的内容符合法律、 行政法规、中国证券监督管理委员会和深圳证券交易所的相关规定，报告内容真 实、准确、完整，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司指定信息披露媒体巨潮资讯网（www.cninfo.com.cn）发 布的公告。 深圳市三利谱光电科技股份有限公司 第五届监事会 2025 年第三次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，不存在虚 假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 深圳市三利谱光电科技股份有限公司（以下简称"公司"）监事会于2025 年4月25日以电话、电子邮件及短信方式发出了公司第五届监事会2025年第三 次会议的通知。本次会议于2025年4月28日在深圳市光明新区公明办事处楼村 社区第二工业区同富一路5号公司会议室以现场结合通讯表决方式召开。会议 应到监事3人，实到监事3人。会议由监事会主席霍丙忠先生召集并主持。本次 会议的通知、召集和召开符合《中华人民共和国公司法》等法律、行政法规、 规范性文件和《 ...

证券代码：002876 证券简称：三利谱 公告编号：2025-030 深圳市三利谱光电科技股份有限公司 第五届董事会 2025 年第四次会议决议公告 二、董事会会议审议情况 1、审议通过了《关于2025年第一季度报告全文的议案》。 表决结果：同意7票，反对0票，弃权0票。 经审议，董事会一致认为：公司2025年第一季度报告全文的内容真实、准确、 完整，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见公司指定信息披露媒体巨潮资讯网（www.cninfo.com.cn）发 布的公告。 三、备查文件 公司第五届董事会2025年第四次会议决议 特此公告。 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，不存在虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 深圳市三利谱光电科技股份有限公司（以下简称"公司"）董事会于2025 年4月25日以电话、电子邮件及短信方式发出了公司第五届董事会2025年第四次 会议的通知。本次会议于2025年4月28日在深圳市光明新区公明办事处楼村社区 第二工业区同富一路5号公司会议室以现场结合通讯表决方式召开。会议应到董 事7人，实到董事7人，其中董事长张建军 ...

Financial Data and Indicators - The basic earnings per share for Q1 2025 is 0.1700 CNY, a decrease of 5.56% compared to Q1 2024, which was 0.1800 CNY, and an increase from 0.0700 CNY in Q1 2023 [1] - The operating revenue for Q1 2025 is 8.05 billion CNY, representing a significant increase of 48.52% from 5.42 billion CNY in Q1 2024 and up from 4.26 billion CNY in Q1 2023 [1] - The net profit for Q1 2025 is 0.3 billion CNY, a slight decrease of 3.23% from 0.31 billion CNY in Q1 2024, and an increase from 0.12 billion CNY in Q1 2023 [1] - The return on equity for Q1 2025 is 1.25%, down from 1.31% in Q1 2024, and an increase from 0.52% in Q1 2023 [1] Shareholder Information - The top ten unrestricted shareholders hold a total of 42.2264 million shares, accounting for 28.35% of the circulating shares, with a change of 215,100 shares from the previous period [1] - The largest shareholder, Tang Jiyu, holds 10.026 million shares, representing 6.73% of the total share capital, with no change [2] - The second-largest shareholder, Zhang Jianjun, holds 8.2245 million shares, accounting for 5.52% of the total share capital, also with no change [2] - Hong Kong Central Clearing Limited has decreased its holdings by 53.72%, while Shenzhen Sanlipu Optoelectronics Technology Co., Ltd. has exited the top ten shareholders [2] Dividend Distribution - The company has decided not to distribute dividends or transfer shares this time [3]

Revenue and Profit - The company's revenue for Q1 2025 was ¥805,164,178.12, representing a 48.43% increase compared to ¥542,463,954.08 in the same period last year[3] - Net profit attributable to shareholders decreased by 3.62% to ¥29,632,785.24 from ¥30,746,351.44 year-on-year[3] - Net profit for the current period was ¥29,438,423.14, a decrease of 5.3% from ¥31,077,361.07 in the previous period[18] - The company reported a total profit of ¥34,438,972.10, down from ¥38,677,404.70 in the previous period, reflecting a decline of 11.5%[18] Cash Flow - The net cash flow from operating activities was negative at -¥196,619,307.66, a decline of 6.07% compared to -¥185,372,483.91 in the previous year[3] - The company reported a net cash outflow from operating activities of ¥196,619,307.66, compared to an outflow of ¥185,372,483.91 in the prior period[19] - The net cash flow from investment activities was -¥318,120,782.84, a 115.15% increase in outflow compared to -¥147,863,112.10 in the previous year[8] - Cash and cash equivalents at the end of the period totaled ¥175,023,187.47, down from ¥335,656,664.69 at the end of the previous period[20] - Total cash inflow from financing activities was ¥1,178,153,327.58, compared to ¥936,000,209.25 in the previous period, indicating a growth of 26%[20] Assets and Liabilities - Total assets increased by 12.43% to ¥5,909,746,542.92 from ¥5,256,341,052.93 at the end of the previous year[4] - The company's total liabilities were CNY 3,519,153,849.52, compared to CNY 2,895,186,782.67 previously, reflecting an increase of about 21.5%[15] - Short-term borrowings increased to CNY 1,603,436,642.97 from CNY 1,366,446,555.66, which is an increase of approximately 17.3%[15] - The company reported a significant increase in long-term borrowings, which rose to CNY 618,000,000.00 from CNY 347,000,000.00, reflecting an increase of approximately 78%[15] Operating Costs and Expenses - The gross profit margin for the period was affected by a 47.62% increase in operating costs, which rose to ¥662,518,189.36 from ¥448,804,436.89[8] - Total operating costs amounted to ¥767,097,483.71, up 52.7% from ¥502,650,776.39 in the prior period, with operating costs specifically rising from ¥448,804,436.89 to ¥662,518,189.36[17] - The company experienced a foreign exchange loss of ¥12,050,000 due to the appreciation of the yen and US dollar against the RMB, impacting pre-tax profit[4] - The company's interest expenses increased by ¥6,940,000 year-on-year due to higher bank loans and interest-bearing liabilities[4] - The company reported a significant increase in sales expenses, which rose by 184.71% to ¥10,476,017.39, attributed to higher marketing and promotional costs[8] - The company incurred research and development expenses of ¥39,927,303.62, an increase from ¥35,788,227.18 in the previous period[17] - The company’s financial expenses increased significantly to ¥26,245,016.81 from a negative ¥8,474,174.81 in the previous period, indicating a shift in financial strategy[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,497[10] - The company has a total of 10,025,988 shares held by its largest shareholder, indicating a strong ownership structure[11] - The total equity attributable to the parent company was CNY 2,390,996,326.62, up from CNY 2,361,363,541.38, indicating a growth of about 1.3%[16] Current Assets - The company's current assets reached CNY 2,692,365,696.46, up from CNY 2,285,363,460.42, indicating an increase of about 17.8%[14] - Accounts receivable increased to CNY 977,439,594.31 from CNY 826,037,946.72, representing a growth of approximately 18.3%[14] - Inventory levels rose to CNY 995,275,088.44 from CNY 777,897,084.37, marking an increase of around 27.9%[14] Future Plans - The company plans to engage in daily related transactions with affiliated parties, with an estimated total amount not exceeding CNY 66.8142 million for the year 2025[12]

证券代码：002876 证券简称：三利谱 公告编号：2025-028 深圳市三利谱光电科技股份有限公司 关于持股 5%以上股东减持股份计划的预披露公告 持股 5%以上的股东汤际瑜先生保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 汤际瑜先生持有深圳市三利谱光电科技股份有限公司(以下简称"公司"或 "本公司")股份10,025,988股(占公司总股本比例5.77%，占剔除回购股份后公 司总股本比例5.78%),计划自本公告发布之日起15个交易日后的3个月内（即2025 年5月22日至2025年8月21日），以集中竞价交易方式或大宗交易方式减持本公司 股份，减持股份数量合计不超过139万股（占本公司总股本比例0.80%，占剔除回 购股份后本公司总股本比例0.80%）。若减持期间公司有送股、资本公积金转增 股本等股份变动事项，减持股份数量进行相应调整。 公司于近日收到公司股东汤际瑜先生出具的《关于股份减持计划的告知函》, 现将有关情况公告如下: 一、股东基本情况 （一）股东名称：汤际瑜 （二）股东持股 ...