深圳市三利谱光电科技股份有限公司 2025 年半年度报告全文 2025 年 08 月 1 深圳市三利谱光电科技股份有限公司 深圳市三利谱光电科技股份有限公司 2025 年半年度报告全文 2025 年半年度报告 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人张建军、主管会计工作负责人王小军及会计机构负责人(会计 主管人员)黄林冰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告所涉及的发展战略及未来计划等前瞻性陈述，不构成公司对投资者 的实质承诺。投资者及相关人士均应当对此保持足够的风险认识，并且应当 理解计划、预测与承诺之间的差异。 公司在本报告"第三节管理层讨论与分析"之"十、公司面临的风险和应 对措施"部分，详细描述了公司经营中可能面对的风险，敬请投资者关注相 关内容。公司郑重提醒广大投资者：《证券时报》《上海证券报》《中国证 券报》《证券日报》及巨潮资讯网（www.cninfo.com.cn）为公司 ...

8月26日，据黄冈日报消息，黄冈三利谱超宽幅偏光片生产项目，土建工程已进入收尾冲刺阶段， 施工重点由土建主体转为室内装修。根据计划，首批设备将于10月中旬进场，首条生产线在春节 前试生产。 图片来源：黄冈国投 值的一提的是，除了投建项目以外，三利谱也在持续推动偏光片业务的并购。 2024年12月，湖北三利谱的控股子公司利友光电，拟收购住友化学及其控制的关联企业持有的部 分LCD偏光片业务相关的公司股权及相关资产与服务。 该交易标的为住友集团部分LCD偏光片业务，主要包括旭友无锡100%股权、住化北京100%股权 以及部分相关资产和服务。 三利谱指出，该交易符合湖北三利谱及其控股子公司发展需要，有助于推动其偏光片业务的发展和 布局。 交易完成交割后，收购资产将由湖北三利谱的控股子公司利友光电运营。（集邦Display整理） #偏光片 #三利谱 【集邦Display显示产业交流群】 资料显示，旭友无锡成立于2016年，股东为住友化学（50%）与东友精细化学（50%），经营范 围包括：开发、生产和加工偏光片；以及偏光片生产、加工所需设备及原材料的进出口业务等。 住化北京成立于2009年，由住友化学100%持股，经营 ...

证券代码：002876 证券简称：三利谱 公告编号：2025-032 公司于近日收到汤际瑜先生出具的《关于股份减持计划实施完毕的告知函》， 截至本公告披露日，汤际瑜先生已按预披露的减持股份计划以集中竞价的交易方 式完成了股份减持，现将具体情况公告如下： 一、股东减持基本情况 深圳市三利谱光电科技股份有限公司 关于持股 5%以上股东减持计划实施完毕的公告 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。 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"）于 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。 占剔除回购专用 | 占公司总 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 减持均价 | ...

证券代码：002876 证券简称：三利谱 公告编号：2025-032 深圳市三利谱光电科技股份有限公司 关于持股 5%以上股东减持计划实施完毕的公告 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。 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"）于 2025年4月25日披露《关于持股5%以上股东减持计划的预披露公告》（公告编号： 2025-028），公司持股5%以上股东汤际瑜先生计划在减持计划公告披露之日起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。 公司于近日收到汤际瑜先生出具的《关于股份减持计划实施完毕的告知函》， 截至本公告披露日，汤际瑜先生已按预披露的减持股份计划以集中竞价的交易方 式完成了股份减持，现将具体情况公告如下： 一、股东减持基本情况 1、股东减持股 ...

证券之星消息，8月1日光学光电子板块较上一交易日上涨0.17%，戈碧迦领涨。当日上证指数报收于 3559.95，下跌0.37%。深证成指报收于10991.32，下跌0.17%。光学光电子板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 835438 | 戈碧迦 | 22.23 | 8.54% | 15.00万 | | 3.24亿 | | 300582 | 英飞特 | 14.13 | 7.21% | 25.78万 | | 3.57亿 | | 600666 | 奧瑞德 | 4.04 | 6.32% | 312.22万 | | 12.27亿 | | 002289 | *ST宇顺 | 20.36 | 5.00% | - 5.57万 | | 1.12亿 | | 300940 | 南极光 | 28.86 | 4.49% | 12.05万 | | 3.40亿 | | 000020 | 深华发A | 13.39 | 2.06% | 4.46万 | | 5931.97万 | | ...

证券之星消息，7月31日光学光电子板块较上一交易日下跌1.08%，茂莱光学领跌。当日上证指数报收 于3573.21，下跌1.18%。深证成指报收于11009.77，下跌1.73%。光学光电子板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688322 | 奥比中光 | 73.87 | 6.00% | 16.13万 | 12.03亿 | | 301183 | 东田微 | 70.46 | 5.94% | 17.01万 | 11.93亿 | | 600666 | 奧瑞德 | 3.80 | 4.68% | 329.95万 | 12.34亿 | | 301045 | 天禄科技 | 24.71 | 4.26% | 7.54万 | 1.85亿 | | 002876 | 三利谱 | 26.86 | 2.75% | 10.33万 | 2.81亿 | | 002289 | *ST宇顺 | 19.39 | 2.43% | 2.92万 | 5609.31万 | | 603773 | 沃格光电 | ...

Core Viewpoint - The AI Fund Yingda State-Owned Enterprise Reform A (001678) reported a profit of 12.55 million yuan for the second quarter of 2025, with a net asset value growth rate of 2.47% during the period [3] Fund Performance - As of July 18, the fund's unit net value was 1.621 yuan, with a three-month return of 10.04%, a six-month return of 6.78%, a one-year return of 7.85%, and a three-year return of 16.04% [4] - The fund's Sharpe ratio over the past three years was 0.4178, ranking 22 out of 159 comparable funds [8] - The maximum drawdown over the past three years was 30%, with the largest single-quarter drawdown occurring in Q2 2022 at 15.67% [10] Fund Management Strategy - The fund maintains an average stock position of 89.84% over the past three years, with a peak of 93.28% at the end of Q3 2023 [13] - The fund's investment strategy focuses on deep research and value discovery, targeting undervalued stocks in sectors such as non-ferrous metals, food and healthcare, military industry, and emerging technology fields like electronics, semiconductors, and advanced manufacturing [3] Fund Holdings - As of June 30, 2025, the fund's total assets amounted to 586 million yuan [15] - The top ten holdings of the fund include companies such as Juhua Co., Crystal Optoelectronics, Zijin Mining, Jiangsu Bank, Sanlipu, Lanke Technology, Changxin Bochuang, Haowei Group, Wentai Technology, and Zhaoyi Innovation [18]

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].