持续深化Mini/Micro LED 布局，实现销售与技术的双重突破。上半年公司Mini/Micro LED 销售面积翻 倍，销售额超5 亿元。公司持续推动MIP 技术与COB 技术的深度融合，MIP 技术已实现多项成果落 地，实现Micro LED 30/50微米×50/70 微米无衬底技术0202(0.2mm×0.2mm)芯片封装，P0.4 MIP 产品已 量产并适用于多类高精度场景中。在0202 产品技术稳步推进的同时，0404产品及高亮度1010 产品已形 成批量化生产能力。 推动"LED+AI"深度融合，构建显示与交互新纪元。公司LED+AI 战略升级，以端侧应用为核心，构 建"硬件+IP+场景服务"三轴驱动的智能化场景生态体系。公司自研山隐大模型、构建AI Agent 平台，结 合LED 硬件推出"内容+AI+硬件+交互"一体化解决方案。基于自研山隐大模型、AR/VR 技术和AI 数字 人角色等前沿技术，公司正全力打造智能体验、文化IP 衍生品等多元化应用，并深度布局线下沉浸式 文旅项目，推动LED+AI 技术在教育、健康、文旅等领域的全面渗透。 投资建议：维持"优于大市"评级。考虑到海内外LED ...

第二季度营业收入同比增长 8.7%，归母净利润同比有所下滑。公司 2Q25 营 业收入 20.81 亿元(YoY 8.74%，QoQ 32.03%)，归母净利润 0.67 亿元(YoY -17.84%，QoQ 21.98%)，扣非归母净利润 0.68 亿元(YoY -8.26%，QoQ -8.48%)， 毛利率 27.08%(YoY -4.83pct，QoQ -2.87pct)。 国内收入重回增势，需求增长与销售模式转变共振。上半年实现国内营收 14.81 亿元(YoY 19.96%)，占比 40.5%，主要得益于国内影院、教育、舞台 演绎、体育赛事、文旅等应用场景需求增长，叠加销售模式由准直销向代理 商的转变；实现海外营收 21.76 亿元(YoY 0.22%)，占比 59.5%，主要受益于 全球智慧城市建设加速与数字基建普及，海外市场持续深化布局。 持续深化 Mini/Micro LED 布局，实现销售与技术的双重突破。上半年公司 Mini/Micro LED 销售面积翻倍，销售额超 5 亿元。公司持续推动 MIP 技术与 COB 技术的深度融合，MIP 技术已实现多项成果落地，实现 Micro LED ...

证券之星消息，9月16日光学光电子板块较上一交易日上涨1.06%，洲明科技领涨。当日上证指数报收于 3861.87，上涨0.04%。深证成指报收于13063.97，上涨0.45%。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) | | | --- | --- | --- | --- | --- | --- | --- | | 300232 | 洲明科技 | 8.50 | 9.54% | 118.91万 | | 9.93亿 | | 688322 | 奥比中光 | 96.40 | 8.94% | 22.01万 | | 20.70亿 | | 300940 | 南极光 | 29.43 | 5.90% | 12.14万 | | 3.53亿 | | 002449 | 園星光电 | 9.62 | 5.48% | 32.64万 | | 3.06亿 | | 300752 | 隆利科技 | 24.60 | 5.40% | 18.72万 | | 4.60 Z | | 300582 | 英飞特 | 17.05 | 5.18% | 18.00万 | | 3.00亿 | | ...

格隆汇9月11日丨洲明科技(300232.SZ)在互动平台表示，公司纹理屏已经商用出货。纹理屏是全新的 LED显示屏类，其显示表面经过纳米光学层处理，不显示内容时能清晰的显现出真实的建材木纹、大理 石纹、水泥纹等效果，点亮屏幕是一个全功能的高清高亮显示屏。秉持践行"开屏即显示，熄屏即艺 术"的理念，旨在将显示艺术融入建筑材料，突破传统黑色显示面板的界限，实现熄屏与环境的完美融 合，与多种设计风格和谐共生。Unatural纹理屏带领LED显示屏进入装饰建材市场，将对LED显示屏应 用起到巨大普及和放大效应，在家居、酒店、零售空间、办公楼、餐饮场所、文化和公共空间等多个领 域，赋予"空间新的生命与活力" 。 ...

格隆汇9月11日丨洲明科技(300232.SZ)在互动平台表示，公司纹理屏已经商用出货。纹理屏是全新的 LED显示屏类，其显示表面经过纳米光学层处理，不显示内容时能清晰的显现出真实的建材木纹、大理 石纹、水泥纹等效果，点亮屏幕是一个全功能的高清高亮显示屏。秉持践行"开屏即显示，熄屏即艺 术"的理念，旨在将显示艺术融入建筑材料，突破传统黑色显示面板的界限，实现熄屏与环境的完美融 合，与多种设计风格和谐共生。Unatural纹理屏带领LED显示屏进入装饰建材市场，将对LED显示屏应 用起到巨大普及和放大效应，在家居、酒店、零售空间、办公楼、餐饮场所、文化和公共空间等多个领 域，赋予"空间新的生命与活力" 。 ...

Core Insights - The AI companionship economy is rapidly developing globally, driven by personal emotional needs and technological innovation, with the global AI toy market expected to exceed $11 billion in 2024 and reach $58 billion by 2030, reflecting an annual growth rate of over 20% [2][5][6] - In China, the AI toy market is projected to surpass 70 billion yuan by 2030, indicating significant growth potential [2][5] - The market is currently in an early educational phase, with companies focusing on integrating professional content into AI toys to enhance user engagement and dependency [10][14] Market Dynamics - Capital and technology companies are intensively entering the AI companionship sector, with startups like Luobo Intelligent and Beipei Technology securing millions in funding, and established firms like Alibaba and Meituan launching their own AI companionship products [6][10] - The investment landscape is shifting from technology validation to commercial viability, with a focus on a composite model of "hardware + emotional subscription + scenario solutions" [10][12] Product Development - AI companionship toys are evolving from mere toys to trusted companions for children, with users reporting improved interactions and learning experiences [3][4][13] - Companies are exploring various product forms and applications, targeting different demographics including children, single adults, and the elderly [10][12] Challenges and Bottlenecks - The AI companionship sector faces several challenges, including stiff competition, interaction rigidity, weak emotional projection, and data compliance risks [14][16] - Current AI toys are primarily toy-centric, lacking the ability to provide in-depth data analysis and professional guidance for parents [14][16] - High return rates (30%-40%) are attributed to "interaction disconnection," highlighting the need for continuous emotional engagement and coherent communication [16]

9月10日，洲明科技盘中上涨2.11%，截至09:43，报7.76元/股，成交2875.46万元，换手率0.42%，总市 值84.67亿元。 分红方面，洲明科技A股上市后累计派现5.38亿元。近三年，累计派现3.31亿元。 机构持仓方面，截止2025年6月30日，洲明科技十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股2170.80万股，相比上期减少2030.98万股。易方达供给改革混合（002910）位居第六大流 通股东，持股1746.75万股，持股数量较上期不变。南方中证1000ETF（512100）位居第九大流通股 东，持股807.63万股，相比上期增加155.23万股。 责任编辑：小浪快报 资料显示，深圳市洲明科技股份有限公司位于(总部)深圳市宝安区福海街道和平社区同富裕工业区蚝业 路18号B栋1-3楼,(研发基地)深圳市坪山新区兰景北路6号洲明科技园,(生产基地)惠州市惠阳区大亚湾西 区龙盛五路3号洲明科技园,中山市民众镇众安大道105号，成立日期2004年10月26日，上市日期2011年6 月22日，公司主营业务涉及生产和销售LED显示屏、LED灯饰、LED照明灯的产品,提供景观亮化 ...

Group 1 - The core viewpoint of the news highlights the recent trading performance and financial metrics of Zhouming Technology, indicating a decline in stock price and significant trading activity in margin financing and securities lending [1][2]. Group 2 - On September 9, Zhouming Technology's stock fell by 2.56%, with a trading volume of 171 million yuan. The margin financing data shows a net purchase of 7.56 million yuan for that day, with a total margin balance of 525 million yuan [1]. - The financing balance of Zhouming Technology is 523 million yuan, accounting for 6.31% of its market capitalization, which is above the 80th percentile of the past year, indicating a high level of financing activity [1]. - In terms of securities lending, on September 9, 200 shares were repaid, and 11,200 shares were sold short, amounting to 85,100 yuan at the closing price. The remaining short selling volume is 20,730 shares, with a balance of 1.5755 million yuan, also above the 70th percentile of the past year [1]. Group 3 - Zhouming Technology, established on October 26, 2004, and listed on June 22, 2011, is headquartered in Shenzhen and specializes in the production and sale of LED display screens, LED lighting, and related services. The main revenue sources are smart displays (93.70%), smart lighting (5.06%), and others [2]. - For the first half of 2025, Zhouming Technology reported a revenue of 3.658 billion yuan, a year-on-year increase of 7.38%, and a net profit attributable to shareholders of 121 million yuan, up 20.61% year-on-year [2]. Group 4 - Since its A-share listing, Zhouming Technology has distributed a total of 538 million yuan in dividends, with 331 million yuan distributed over the past three years [3]. - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 21.708 million shares, a decrease of 20.3098 million shares from the previous period. Other notable shareholders include E Fund Supply-side Reform Mixed Fund and Southern CSI 1000 ETF, with varying changes in their holdings [3].

证券代码：300232 证券简称：洲明科技 深圳市洲明科技股份有限公司投资者关系活动记录表 编号：2025-009 投资者关系活动 类别 ■特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 ■现场参观 □其他（电话会议） 参与单位名称 具体名单详见附件 时间 2025 年 9 月 8 日 地点 公司会议室 上市公司接待人 员姓名 总裁办总经理 廖广南 投资者关系经理 钟林静 投资者关系活动 主要内容介绍 本次投资者关系活动以现场会议的方式进行，接待人员与 投资者进行了沟通交流，主要内容如下： 一、投资者交流问答环节 1、公司 LED+AI 业务的发展情况介绍？ 答：公司将 "LED+AI"业务提升至集团战略高度，全力构 建智能化场景生态体系。在技术研发上，公司自主研发基于华 为鸿蒙的 AI SOC 系统，与浙江大学智慧绿洲联合揭牌"浙江 大学长三角智慧绿洲 — 洲明科技中华优秀传统文化大模型 联合研究院"。同时，自研垂类细分领域模型"山隐大模型"， 并完成 Agent 平台对多套主流模型的接入，可依不同场景智能 调度。 | 在产品落地上，公司打造了多元的 To B 与 To C ...

Core Viewpoint - The company emphasizes its commitment to long-term shareholder returns and sustainable development, highlighting recent financial actions such as dividends and share buybacks [2] Financial Performance - The total amount of dividends distributed over the past three years is 331 million yuan [2] - The total amount spent on share buybacks in the last three years is 67 million yuan [2] - The planned dividend for the year 2024 is set at 261 million yuan [2] Strategic Initiatives - The company is actively pursuing its sixth employee stock ownership plan as part of its strategy to align long-term development with shareholder interests [2]