Group 1 - The company held its sixth board meeting of the fifth session on September 11, 2025, to discuss and approve the proposal for new daily related transactions for 2025, with a total estimated amount of RMB 15.3151 million (excluding tax) [2][3][4] - The board meeting was attended by all seven directors, and the proposal received unanimous approval with no votes against or abstentions [4][5] - The independent directors reviewed and approved the proposal prior to the board meeting, ensuring compliance with relevant laws and regulations [5][19] Group 2 - The company’s supervisory board also convened on September 11, 2025, to review and approve the same proposal for new daily related transactions, with all three supervisors present and voting in favor [8][9][10] - The supervisory board confirmed that the transactions are fair, reasonable, and do not significantly impact the company's independence or harm the interests of other shareholders [10][18] - The new daily related transactions are based on the operational needs of the company's subsidiaries and are conducted at market prices, ensuring compliance with legal and regulatory standards [17][19] Group 3 - The company plans to engage in daily operational related transactions with its subsidiaries and affiliated companies, specifically with Hubei Sanli Pu and its subsidiaries, for a total estimated amount of RMB 15.3151 million (excluding tax) [12][13][16] - The transactions are deemed necessary for the company's normal production operations and are structured to ensure fair pricing and adherence to market rules [17][19] - The company holds a 24.59% stake in Hubei Sanli Pu, which in turn holds a 95.10% stake in Hubei Liyou, establishing a clear relationship among the involved parties [16]

证券代码：002876 证券简称：三利谱 公告编号：2025-039 深圳市三利谱光电科技股份有限公司 关于新增 2025 年度日常关联交易预计的公告 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，不存在虚 假记载、误导性陈述或重大遗漏。 一、日常关联交易基本情况 （一）日常关联交易概述 深圳市三利谱光电科技股份有限公司(以下简称"公司")于2025年1月14日 召开第五届董事会2025年第一次会议、第五届监事会2025年第一次会议，审议并 通过了《关于2025年度日常关联交易预计的议案》，同意与湖北广利沣高分子材 料有限公司和湖北三利沣新材料有限公司发生日常经营性关联交易。具体详见于 2025年1月15日刊登于巨潮资讯网的《关于2025年度日常关联交易预计的公告》 （公告编号：2025-003）。 2025年9月11日召开第五届董事会2025年第六次会议、第五届监事会2025年 第五次会议，审议并通过了《关于新增2025年度日常关联交易预计的议案》，根 据公司日常生产经营需要，公司2025年预计全资子公司合肥三利谱光电科技有限 公司、合肥三利谱光电材料有限公司及深圳市三利谱光电技术有限公司与参股 ...

1、审议通过了《关于新增2025年度日常关联交易预计的议案》。 表决结果：同意3票，反对0票，弃权0票。 经审核，公司监事会认为：公司2025年新增日常关联交易是在公平合理、双 方协商一致的基础上进行的，交易价格的确定符合公开、公平、公正的原则，交 易方式符合市场规则，交易价格公允，对公司业务独立性不存在重大影响，不存 在损害公司及其他股东合法权益的情形。 具体内容详见同日刊登于《中国证券报》《证券时报》《上海证券报》《证券 日报》及巨潮资讯网（www.cninfo.com.cn）的公告。 证券代码：002876 证券简称：三利谱 公告编号：2025-041 深圳市三利谱光电科技股份有限公司 第五届监事会 2025 年第五次会议决议公告 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9月9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年第五次会 议的通知。本次会议于2025年9月11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 ...

1、审议通过了《关于新增2025年度日常关联交易预计的议案》。 表决结果：同意7票，反对0票，弃权0票。 经初步测算，公司 2025 年度预计新增与关联方发生的日常关联交易总金额 为人民币 1531.51 万元（不含税）。 此议案已经公司独立董事专门会议审议通过。 证券代码：002876 证券简称：三利谱 公告编号：2025-040 深圳市三利谱光电科技股份有限公司 第五届董事会 2025 年第六次会议决议公告 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，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9月9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年第六次会 议的通知。本次会议于2025年9月11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，其中董事陈洪涛先生，独立董事郭晋龙先生、胡春明先生、 陈志华先生以通讯方式出席并表决。会议由董事长张建军先生召集并主持，公司 全体监事和高级管理人员列席本次会议。本次 ...

Group 1 - The company confirmed that its products have not been exported to EU countries in 2023 [2]

Core Viewpoint - The company reported that its production and operations in the second quarter were normal, with new capacity smoothly entering the ramp-up phase [1]. Group 1: Production and Capacity - The company indicated that in the production of 65-inch polarizers, it has achieved domestic production for most raw materials, except for compensation films, leading to effective cost reduction [1]. - The company is expected to provide more detailed information in its regular reports and announcements [1]. Group 2: Material Costs and Localization - An investor raised concerns about the company's capacity utilization rate in the second quarter and highlighted that TAC and PVA materials account for approximately 75% of total costs, suggesting the company is heavily reliant on upstream material suppliers [3]. - The investor inquired about the progress of domestic production for these two materials and the timeline for achieving scale replacement to enhance cost efficiency [3]. - The investor also questioned the company's capability to develop such materials and whether it has invested in domestic material manufacturers [3].

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The company reported a revenue of 1.68 billion yuan for the first half of 2025, representing a year-on-year increase of 41.97%. However, the net profit attributable to shareholders decreased by 31.47% to 38 million yuan, and the net profit after deducting non-recurring items fell by 45.48% to 35 million yuan. The non-recurring items mainly consisted of government subsidies [2][6]. - The polarized film industry is currently experiencing rapid domestic substitution, with a clearer trend of separation among the three major suppliers. The company still has significant potential for market share growth, particularly with new products in OLED polarized films and VR headset optical composite films [2][12]. Summary by Sections Financial Performance - In the second quarter, the company achieved a revenue of 874 million yuan, a year-on-year increase of 36.51% and a quarter-on-quarter increase of 8.6%. The net profit attributable to shareholders was 8 million yuan, showing a quarter-on-quarter decline due to increased depreciation from the Hefei Phase II project. The gross margin for the second quarter was 15.52%, up 1.10 percentage points year-on-year but down 2.20 percentage points quarter-on-quarter. The net margin was 0.95%, down 2.90 percentage points year-on-year and 2.71 percentage points quarter-on-quarter [12][12]. - The Hefei Phase II project, which transitioned to fixed assets with an investment of 745 million yuan, is still in the ramp-up phase regarding yield and capacity utilization, resulting in a loss of 15.23 million yuan in the first half of the year [12]. Product Development and Market Position - The company is expected to rely on dual drivers from 65-inch LCD polarized films and OLED circular polarized films. The UV glue polarized films and hydrophobic material polarized films for large-size TVs have been fully mass-produced, addressing previous shortcomings in the large-size TV segment. The company is also developing new OLED polarized films with features such as thinner profiles, eye protection, and blue light filtering [12]. - The company’s market share continues to increase significantly, and the potential for new products in OLED polarized films and VR optical composite films is promising [2][12]. Earnings Forecast - The projected earnings per share (EPS) for the company from 2025 to 2027 are 0.53 yuan, 1.30 yuan, and 1.80 yuan, with corresponding price-to-earnings (PE) ratios of 47.66, 19.57, and 14.11 respectively [12].

Core Insights - The Chinese display industry has significantly risen, with domestic manufacturers capturing a substantial share of the global television shipment market and leading in advanced technologies like OLED and Micro-LED [1][8] - The price of large-screen televisions has dramatically decreased, with a 50% drop in the price of 75-inch TVs over the past two years, driven by technological advancements and cost reductions [5][6] Industry Development - The rise of the Chinese display industry is supported by precise government policies and collaborative efforts across the industry chain, with key materials and new display devices being prioritized at the national level [2][4] - Major companies like BOE Technology Group and TCL Huaxing have made significant investments in domestic production lines, overcoming technological barriers and market skepticism [3][4] Technological Advancements - The introduction of Mini-LED technology has improved display quality and facilitated the proliferation of large-screen products, making high-quality, cost-effective large TVs possible [7] - Companies are utilizing advanced cutting techniques on 10.5-generation lines to reduce costs and improve production efficiency for larger panels [7] Market Trends - The demand for large-screen TVs is driven by consumer preferences for immersive experiences and enterprise needs for large interactive displays in various sectors [7][8] - The display industry is evolving towards multiple technology pathways, with a focus on OLED and Micro-LED technologies to maintain competitiveness in the global market [8][9] Future Outlook - The Chinese display industry is poised to continue its growth trajectory, with ongoing investments in innovation and technology to capture higher value in the global supply chain [9]

Group 1 - The company received a notification from its controlling shareholder, Mr. Zhang Jianjun, regarding the release of a portion of his pledged shares [1] - As of the announcement date, the controlling shareholder's pledged shares are under control, and there is no risk of forced liquidation [1] - The controlling shareholder has a good credit status and sufficient funds to repay the pledged loans, ensuring that the company's main business and operational capabilities remain unaffected [1][3] Group 2 - The company will continue to monitor the status of share pledges and associated risks, adhering to relevant regulations and fulfilling information disclosure obligations [1] - The announcement includes documents such as the share release pledge registration certificate and details of share freezes from the China Securities Depository and Clearing Corporation [2]

Core Viewpoint - Shenzhen Sanlipu Optoelectronic Technology Co., Ltd. announced the release of share pledges by its controlling shareholder Zhang Jianjun, which involves a total of 6,076,000 shares, accounting for 18.47% of his holdings and 3.49% of the company's total share capital [1][2]. Group 1: Share Pledge Release Details - Zhang Jianjun will release 5,026,000 shares, representing 15.28% of his holdings and 2.89% of the company's total share capital, with the pledge release date on September 6, 2023 [1]. - An additional 1,050,000 shares will be released, which is 3.19% of his holdings and 0.60% of the company's total share capital, with the pledge release date on May 5, 2023 [1]. - The total number of shares released amounts to 6,076,000, which is 18.47% of his holdings and 3.49% of the company's total share capital [1]. Group 2: Current Pledge Situation - As of the announcement date, Zhang Jianjun holds a total of 32,898,092 shares, which is 18.92% of the company, with 19,890,000 shares pledged and 13,814,000 shares unpledged [2]. - The pledged shares represent 41.99% of the total pledged shares, while the unpledged shares account for 7.94% of the total share capital [2]. - The company confirms that the release of these pledges does not pose a risk to its main business or ongoing operations, and there will be no change in the actual control of the company [2].