Financial Performance - In 2024, the company achieved a revenue of CNY 1.253 billion, representing a year-on-year growth of 12.5% [4] - Overseas business revenue reached CNY 974 million, with a year-on-year increase of 22.1%, accounting for 78% of total revenue [4][6] - The overall gross margin improved to 24.1%, up by 1 percentage point, while the overseas gross margin reached 26.5%, an increase of 1.2 percentage points [4] Business Strategy - The company plans to expand its international business by establishing overseas subsidiaries and offices, targeting markets in Asia-Pacific, Middle East, Europe, South America, and Southeast Asia [2][9] - Domestically, the focus will be on strengthening core channels and project coverage, while exploring opportunities in commercial and consumer display sectors [3][16] Product Development - The company is integrating AI technology into its products, enhancing user experience with smart features [5] - It has developed a diverse range of COB products, establishing a competitive edge in the small-pitch display market [5][6] Market Trends - The COB display technology is entering a phase of rapid commercialization, with a projected compound annual growth rate (CAGR) of over 20% from 2025 to 2029 [15] - By 2028, COB displays are expected to account for 45% of the small and micro-pitch market, with a global market size exceeding CNY 30 billion [15][16] ESG Initiatives - The company has incorporated ESG principles into its product design and production, achieving over 50% energy savings with its PSE energy-saving products [7] - It received the "ESG100 Green Development Award - Annual Corporate Governance Award" for its outstanding performance in the ESG field [7] Shareholder Engagement - The company repurchased 12,208,100 shares, representing 2.91% of its total share capital, demonstrating management's confidence in future growth [8] - A third equity incentive plan was implemented, benefiting 275 core employees with 16 million restricted stock grants [8]

Financial Overview - In Q1 2025, the company achieved total operating revenue of 263 million yuan, a decrease of 13.56% compared to the same period last year [1] - Despite the decline in revenue, the net profit attributable to shareholders reached 2.25 million yuan, an increase of 11.69% year-on-year [1] - The non-recurring net profit was -1.59 million yuan, an increase of 31.35% year-on-year [1] Key Financial Indicators - Gross margin was 23.64%, a decrease of 2.97% year-on-year [7] - Net margin was 0.81%, a decrease of 32.1% year-on-year [7] - Operating cash flow per share was -0.14 yuan, a significant decrease of 1001.36% year-on-year [7] - Earnings per share were 0.01 yuan, an increase of 14.58% year-on-year [7] Asset and Liability Situation - Operating cash flow indicates a substantial outflow, necessitating attention to the company's cash flow status [3] - Accounts receivable amounted to 279 million yuan, an increase of 16.46% year-on-year, which is higher than the decline in operating revenue, suggesting potential collection pressure [4] - Interest-bearing liabilities reached 129 million yuan, an increase of 9.71% year-on-year [7] Business Model and Financing - The company's performance is primarily driven by marketing efforts, warranting further investigation into the effectiveness of this strategy [5] - Since its listing, the company has raised a total of 1.42 billion yuan and distributed a total of 145 million yuan in dividends, resulting in a dividend-to-financing ratio of 0.1 [5] Summary - In Q1 2025, while the company reported an increase in net profit, it faced challenges with declining operating revenue and cash flow, alongside a rapid increase in accounts receivable, indicating a need for close monitoring of cash flow and receivables collection [6]

Core Viewpoint - The company, Shenzhen Lehman Optoelectronics Technology Co., Ltd., focuses on the LED industry, particularly in ultra-high-definition display and LED lighting, and has launched various advanced products in these areas [5][10]. Group 1: Company Overview - The company primarily engages in the downstream sectors of the LED industry chain, emphasizing LED ultra-high-definition display and LED lighting [5]. - The company has pioneered the mass production of Micro LED ultra-high-definition display products based on COB advanced integration packaging technology [5]. - The product ecosystem includes LEDMAN ultra-high-definition display screens, smart meeting interaction systems, smart classroom education systems, ultra-high-definition home screens, LED smart lighting, and creative LED displays [5][7]. Group 2: Financial and Shareholder Information - The company has undergone a change in its auditing firm to Da Xin Certified Public Accountants (Special General Partnership), which provided a standard unqualified opinion on the financial report [3]. - As of the end of the reporting period, the company held 12,208,111 shares in its repurchase account, accounting for 2.91% of the total shares [6]. - The company plans to issue shares to specific investors, raising up to 689 million yuan, with 539 million yuan allocated for the COB ultra-high-definition display project and 150 million yuan for working capital [10]. Group 3: Stock Repurchase Activities - The company approved a stock repurchase plan with a total amount between 40 million yuan and 80 million yuan, with a maximum repurchase price of 6.59 yuan per share [10]. - As of February 21, 2024, the company had repurchased a total of 9,258,011 shares, representing 2.21% of the total shares, with a total transaction amount of approximately 39.52 million yuan [12]. - By May 6, 2024, the company completed its repurchase plan, acquiring a total of 12,208,111 shares, which is 2.91% of the total shares, with a total transaction amount of approximately 54.68 million yuan [13].

Core Insights - Nanshan District is launching a comprehensive international service platform called Go Global to facilitate outbound and inbound business operations for companies [1] - The platform aims to lower the psychological barriers for companies venturing into unfamiliar global markets by providing tailored solutions based on real needs [2] - The center has formed a team of professional service providers to proactively address the challenges faced by companies during their international expansion [2] Group 1: Service Offerings - Go Global will provide customized reports, including 360° enterprise profiles and key personnel analysis, to help companies like Di Shang Tie enhance their confidence in overseas ventures [2] - The center's operational model integrates government guidance, enterprise collaboration, and platform services to create a market-oriented international service "fleet" [4] - The platform has partnered with renowned service providers, including Dun & Bradstreet for consulting, King & Wood Mallesons for legal services, and various financial institutions to offer comprehensive support [4] Group 2: Industry Impact - Companies such as Shenzhen Ruivode Life Technology and Lehman Optoelectronics have already begun their international expansion, showcasing the potential for Chinese firms in global markets [3] - The center aims to support foreign enterprises entering China by providing investment consulting, site selection, market access, and policy support [4] - The initiative is expected to enhance the global competitiveness of Chinese companies by optimizing their technical capabilities and market strategies [3]

前十大流通股东累计持有： 7468.12万股，累计占流通股比： 21.81%，较上期变化： -820.50万股。 | 名称 | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 南京杰得创业投资合伙企业(有限合伙) | 4027.50 | 11.77 | 不变 | | 李漫铁 | 1362.86 | 3.98 | 不变 | | 王丽珊 | 961.95 | 2.81 | 不变 | | 南京希旭创业投资合伙企业(有限合伙) | 415.25 | 1.21 | 不变 | | 李跃宗 | 140.30 | 0.41 | 新进 | | 项蒂清 | 124.04 | 0.36 | 新进 | | 吕强 | 120.00 | 0.35 | 新进 | | 李琛 | 113.16 | 0.33 | 新进 | | 华夏磐利一年定开混合A | 107.73 | 0.31 | -78.19 | | MORGAN STANLEY & CO. INTERNATIONAL PLC. | 95.33 | 0.28 | 新进 | | 较上个报告期 ...

证券代码：300162 证券简称：雷曼光电 公告编号：2025-018 深圳雷曼光电科技股份有限公司（以下简称"公司"）于2025年4月24日召开的 第六届董事会第四次会议、第六届监事会第四次会议审议通过了《关于作废第三 期股权激励计划部分第二类限制性股票的议案》，根据公司《第三期股权激励计 划（草案）》（以下简称"《激励计划（草案）》"或"本激励计划"）的规定和公司 2024年第一次临时股东大会的授权，董事会同意作废部分第二类限制性股票（以 下简称"限制性股票"）合计655.742万股。现将有关事项说明如下： 一、本激励计划已履行的决策程序和信息披露情况 1、2024 年 1 月 30 日，公司第五届董事会第十五次（临时）会议审议通过了 《关于公司<第三期股权激励计划（草案）>及其摘要的议案》等相关议案，拟作 为激励对象的董事左剑铭先生已回避表决。 同日，公司第五届监事会第十四次（临时）会议审议通过了《关于公司<第三 期股权激励计划（草案）>及其摘要的议案》等相关议案，且认为激励对象名单符 合《激励计划（草案）》规定的激励对象范围，其作为公司本次股权激励计划激 励对象的主体资格合法、有效。 2、2024年1 ...

国金证券股份有限公司 关于深圳雷曼光电科技股份有限公司 部分募集资金投资项目延期的核查意见 国金证券股份有限公司（以下简称"国金证券"）作为深圳雷曼光电科技股 份有限公司（以下简称"雷曼光电"或"公司"）向特定对象发行股票（以下简 称"本次发行"）的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳 证券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》和《上市公司监管指引第 2 号——上市公司募 集资金管理和使用的监管要求》等有关法律法规的规定，就公司部分募集资金投 资项目延期情况进行了核查，具体核查情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意深圳雷曼光电科技股份有 限公司向特定对象发行股票注册的批复》（证监许可〔2023〕2148号），公司本 次向特定对象发行人民币普通股（A股）70,000,000 股，每股发行价格为人民币 6.59元，本次募集资金总额为人民币 461,300,000.00元，扣除相关发行费用（不 含增值税）11,687,684.17元后，募集资金净额为人民币449,612,315.83元。上 述募集资金 ...

关于 广东宝城律师事务所 深圳雷曼光电科技股份有限公司 第三期股权激励计划作废部分第二类限制性股票的法律意见书 致：深圳雷曼光电科技股份有限公司 根据《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》"）、中国证券监督管理委员会（以下 简称"中国证监会"）《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 《律师事务所从事证券法律业务管理办法》《律师事务所证券法律业务执业规则 （试行）》《深圳雷曼光电科技股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，广东宝城律师事务所（以下简称"本所"）接受深圳雷曼光电科技 股份有限公司（以下简称"雷曼光电"或"公司"）的委托，就雷曼光电第三期 股权激励计划（以下简称"股权激励计划"）作废部分第二类限制性股票事项出 具本法律意见书。 就出具本法律意见书，本所特声明如下事项： 本所及经办律师依据前述规定及本法律意见书出具日以前已经发生或者存 在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分 的核查验证，保证本法律意见所认定的事实真实、准确、完整，所发表的结论性 意见合法、准确，不存在虚 ...

深圳雷曼光电科技股份有限公司 营业收入扣除情况专项审核报告 大信专审字[2025]第 5-00059 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 WUYIGE Certified Public Accountants.LLP Room 2206 22/F, Xueyuan International Tower No.1 Zhichun Road, Haidian Dist. Beijing, China, 100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 营业收入扣除情况 专项审核报告 大信专审字[2025]第 5-00059 号 深圳雷曼光电科技股份有限公司全体股东： 我们接受委托，审计了深圳雷曼光电科技股份有限公司（以下简称"贵公司"）的财务报 表，包括 2024 年 12 月 31 日合并及母公 ...

国金证券股份有限公司 关于深圳雷曼光电科技股份有限公司 2024 年度募集资金存放与实际使用情况的核查意见 国金证券股份有限公司（以下简称"国金证券"）作为深圳雷曼光电科技股 份有限公司（以下简称"雷曼光电"或"公司"）向特定对象发行股票（以下简 称"本次发行"）的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳 证券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》和《上市公司监管指引第 2 号——上市公司募 集资金管理和使用的监管要求》等有关法律法规的规定，就公司 2024 年度募集 资金存放与使用情况进行了核查，具体情况如下： 一、募集资金基本情况 （一）扣除发行费用后的实际募集资金金额、资金到账时间 单位：万元 | 项目 | 金额 | | --- | --- | | 募集资金总额 | 46,130.00 | | 减：尚未支付的承销保荐费 | 886.79 | | 募集资金到账金额 | 45,243.21 | | 减：置换预先投入募投项目的金额 | 909.78 | | 减：募投项目建设资金 | 1,919.58 | | 减：置换预先支付发行费用 | ...