Core Viewpoint - The company, Zhouming Technology, is a leading player in the LED display industry, focusing on technological innovation, overseas expansion, and strategic planning to drive growth and maintain market leadership. Group 1: Business Performance - The LED display business is the primary profit source for the company, accounting for 92.49% of total revenue in the 2024 annual report [1] - Overseas revenue reached 4.777 billion yuan, representing 61.45% of total revenue, with a year-on-year growth of 18.33% [1] Group 2: Technological Innovation - The company is advancing high-end Mini/Micro LED product lines to meet high-end application demands and has upgraded its LED+AI strategy to create an intelligent and scenario-based innovation ecosystem [2] - The company launched innovative products such as the AI holographic companion assistant and AI interactive fish tank screen, transitioning LED+AI from concept to commercialization [2] Group 3: Research and Development - In 2024, 19.94% of the company's total workforce was dedicated to R&D, with an annual R&D investment of 376 million yuan, accounting for 4.84% of revenue [2] - The company obtained 370 new patent authorizations in 2024, including 81 invention patents, bringing the total to 3,231 authorized patents [2] Group 4: Capacity Expansion and M&A Strategy - The company is investing 600 million yuan in a new production base for Micro & Mini LED displays and LED lighting in Nanchang, focusing on advanced production lines [3] - The company maintains a cautious yet open attitude towards potential mergers and acquisitions, emphasizing the integration of market, brand, and technology resources to complement its strategic goals [3]

Group 1 - The core viewpoint of the news highlights that Youmeili Investment has conducted research on a listed company, Zhouming Technology, which is a leading enterprise in the LED display industry, focusing on innovation-driven development [1] - Zhouming Technology's LED display business accounts for 92.49% of total revenue, with applications in advertising and sports events, making it a primary source of profit [1] - The company is actively advancing the research and development of high-end Mini/Micro LED product lines to meet the demands of high-end application scenarios [1] - Zhouming Technology has successfully integrated multiple mainstream models into its gent platform and launched innovative products such as the I Holographic Companion Assistant [1] - The company has made significant achievements in technological innovation and intellectual property protection, with the number of R&D personnel reaching 1,124, accounting for 19.94% of the total workforce by 2024 [1] Group 2 - Youmeili Investment is an asset management institution focused on low-risk investment strategies, established in January 2017, with a management scale exceeding 30 billion by October 2021 [2] - The company emphasizes the importance of talent in the investment service sector and continuously seeks to develop professionals with a combination of IT and finance expertise [2] - Youmeili Investment adheres to a quantitative investment philosophy and continuously studies various regulatory policies and capital market guidance documents to innovate investment strategies and trading techniques [2]

Group 1: Business Performance - The LED display business accounted for 92.49% of total revenue in 2024, making it the primary profit source for the company [1] - The company achieved overseas revenue of 47.77 billion CNY, representing 61.45% of total revenue, with an 18.33% year-on-year growth [5] - The company’s LED lighting business, while smaller, contributes to specific market segments like urban landscape and commercial lighting [2] Group 2: Innovation and R&D - The company invested 376 million CNY in R&D in 2024, which is 4.84% of total revenue, highlighting its commitment to technological innovation [3] - In 2024, the company added 370 new patents, including 81 invention patents, bringing the total to 3,231 patents [3] - The company is focusing on high-end Mini/Micro LED product lines and integrating AI into its offerings to enhance product value [2] Group 3: Expansion Plans - The company announced a total investment of 600 million CNY for the construction of Micro and Mini LED display and lighting production bases [4] - The production facilities will include COB packaging and chip-level MiP packaging lines, aimed at expanding capacity in response to market demand [4] Group 4: Market Strategy - The company is adopting a cautious approach towards mergers and acquisitions, focusing on long-term strategic alignment and resource integration [6] - The company is enhancing its overseas marketing network and localizing its operations to improve competitiveness [5] Group 5: Digital Exhibition Developments - The company showcased its LED display products at the Osaka Expo, combining physical exhibits with LED technology for immersive cultural experiences [7][8] - The digital exhibition solutions are designed to meet diverse customer needs and enhance brand visibility [8]

本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 一、对外投资概述 深圳市洲明科技股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召 开第五届董事会第二十三次会议、第五届监事会第十八次会议，审议通过了《关 于投资建设 Micro 及 Mini LED 显示和照明生产基地项目的议案》，为加快公司 发展，持续促进产能分布的区域优化，以更好地配套客户需求，整合优质资源， 扩大公司的影响力，提升公司的综合竞争力，同意公司拟在南昌市（最终以实际 实施地点为准）投资建设 Micro 及 Mini LED 显示和照明生产基地项目，项目投 资总额不超过 6 亿元人民币（最终项目投资总额以实际投资为准），并授权董事 长或其授权人士具体办理本次投资后续相关事宜，并签署与本次投资相关的文件。 根据《深圳证券交易所创业板股票上市规则》、《公司章程》等相关规定，本次 对外投资事项无需提交股东大会审议。公司本次投资建设不构成关联交易，亦不 构成《上市公司重大资产重组管理办法》规定的重大资产重组，具体内容详见公 司 2025 年 4 月 22 日披露于巨潮资讯网（www.c ...

Core Insights - The landscape lighting industry in China has shown a fluctuating growth trend, with market size expected to reach approximately 1439.86 billion yuan by 2024, following a recovery from the pandemic impact in 2020 when the market size was about 720.09 billion yuan [1][10] - The increasing urbanization and the rising demand for city image enhancement are driving the importance of landscape lighting as a key element in urban development [10] Industry Definition and Classification - Landscape lighting refers to outdoor lighting projects that serve both functional and aesthetic purposes, enhancing the visual appeal of various structures and environments at night [1] Industry Chain Analysis - The landscape lighting industry chain includes upstream raw materials and components supply, midstream production and engineering implementation, and downstream application fields such as public spaces and commercial buildings [3] Development History - The industry has evolved through several stages, from its inception in the 1980s focusing on basic lighting needs to a mature phase emphasizing quality, energy efficiency, and smart technology integration [5] Current Industry Status - The market size of the landscape lighting industry is projected to continue growing, driven by urbanization and the development of the night economy, which includes night markets and performances [10] Downstream Application Analysis - Municipal engineering accounts for the largest share of the market at 45%, followed by commercial real estate at 25% and cultural tourism at 20%, indicating diverse application areas for landscape lighting [12] Key Companies Analysis - Leading companies in the landscape lighting industry include: - **Liard**: A market leader with a broad business layout, focusing on smart control systems and significant project experience [14] - **Aoto Electronics**: Specializes in smart city and cultural tourism projects, leveraging display technology [14] - **Mingjia**: Focuses on cultural landscape lighting, integrating local cultural elements into designs [14] - **Zhouming Technology**: Strong in LED lighting product manufacturing and smart control system development [14] Future Development Trends - The industry is expected to see deeper integration of smart control systems, cultural elements, and personalized designs, alongside the gradual improvement of industry standards and regulations [20][21][23]

Core Viewpoint - The rapid urbanization in China is driving the demand for LED landscape lighting, particularly in public spaces and tourism, but the market is stabilizing due to various factors affecting growth [1][10]. Overview - LED landscape lighting utilizes light-emitting diodes to illuminate urban elements such as buildings, squares, parks, streets, and bridges, enhancing the environment and atmosphere [2]. - The advantages of LED landscape lighting include energy efficiency, environmental friendliness, long lifespan, rich color options, and ease of control [2]. Market Policy - The Chinese government emphasizes the importance of LED landscape lighting in enhancing urban image and developing the night economy, issuing multiple policies to promote energy-efficient and green lighting solutions [4][5]. Industry Chain - The upstream of the LED landscape lighting industry includes suppliers of semiconductor chips, sapphire substrates, and various electronic components, while the downstream encompasses municipal projects, commercial real estate, and tourism sectors [6]. Demand Structure - The primary demand for LED landscape lighting comes from municipal engineering, commercial real estate, and tourism, collectively accounting for over 90% of the market, with municipal engineering being the largest segment [8]. Market Size - The market size for China's LED landscape lighting industry is projected to reach 40.3 billion yuan in 2024, with urban planning lighting accounting for approximately 51.0% of the market [10]. Competitive Landscape - The LED landscape lighting industry in China is highly competitive, with key players including Sichuan Huati Lighting Technology, Osram China, Philips China, and others [12][14]. Development Trends - Future trends in LED landscape lighting will focus on higher efficiency chips, optimized optical designs, and smart control systems to reduce energy consumption and enhance user experience through technologies like IoT and AI [18].

2024年年度权益分派实施公告 证券代码：300232 证券简称：洲明科技 公告编号：2025-043 深圳市洲明科技股份有限公司 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 深圳市洲明科技股份有限公司（以下简称"公司"或"本公司"）2024 年年 度权益分派方案已经 2025 年 5 月 12 日召开的 2024 年年度股东大会审议通过， 现将权益分派事宜公告如下： 一、股东大会审议通过本次权益分派方案的情况 1、公司 2024 年年度股东大会审议通过的 2024 年年度权益分派方案为：以 2025 年 4 月 18 日扣除回购专户上已回购股份后的总股本 1,086,100,451 股为分 配基数（公司总股本为 1,091,107,141 股，扣除公司已回购股数 5,006,690 股）， 向全体股东每 10 股派 2.40 元（含税），拟派发现金股利 260,664,108.24 元（含 税），本次利润分配不送红股，不进行资本公积金转增股本，剩余未分配利润结 转以后年度分配。该利润分配预案在公告披露日至实施完成期间，如果公司股本 分配基数因股权激励、股 ...

Group 1: Event Overview - The Shenzhen Activity Week at the China Pavilion of the 2025 Osaka Expo has opened, themed "Open Shenzhen, Create the Future," showcasing Shenzhen's unique charm and innovation as a pilot demonstration area of socialism with Chinese characteristics [2][6] - The event features various dimensions including innovative scene displays, cultural performances, and economic and trade exchanges [2] Group 2: Interactive Experience - An interactive experience area titled "A Day in the Future Shenzhen Community" has been created, showcasing over 60 representative enterprises from Shenzhen in fields such as green energy, smart living, and health management [3][4] - Products displayed include smart devices for efficient work, AI-integrated gadgets, and health monitoring technologies, illustrating the future of technology-enhanced living [3][4] Group 3: Transportation and Entertainment Innovations - The "Afternoon Smart Park" features a zero-carbon transportation network with innovative vehicles like eVTOL flying machines and portable energy storage solutions, enhancing outdoor experiences [4] - The "Evening AI Mall" showcases various intelligent products, including delivery robots and advanced cameras, enhancing efficiency in industrial and commercial sectors [4] Group 4: International Cooperation - The "Shenzhen-Osaka Innovation Cooperation Conference" was held, with representatives from both cities discussing collaboration in smart equipment and biomedicine, resulting in multiple cooperation intentions [6][7] - Notable companies like Tencent, BYD, and Honor participated, emphasizing the strong economic ties between Shenzhen and Japan [6][7] Group 5: Economic Data - In 2024, Shenzhen's GDP is projected to reach $516.7 billion, ranking fourth in Asia and among the top ten globally, with significant contributions from major local enterprises [7] - Shenzhen's trade with Japan is robust, with exports reaching approximately $26.4 billion, a growth of 16.4%, and Japanese investments in Shenzhen exceeding $3.8 billion [7] Group 6: Cultural Exchange - The Shenzhen Activity Week will continue until May 14, featuring cultural performances and interactive experiences, including traditional tea ceremonies [8] - The event aims to enhance cultural exchange and economic cooperation between Shenzhen and Japan, with a focus on high-quality development [7][8] Group 7: Technological Highlights - A 9-meter diameter LED screen showcasing the 24 solar terms, produced by a Shenzhen company, has impressed visitors with its clarity and detail [9] - The humanoid robot used for marathon demonstrations at the pavilion has attracted significant attention, highlighting Shenzhen's advanced technology [9]

证券代码：300232 证券简称：洲明科技 公告编号：2025-042 深圳市洲明科技股份有限公司 关于董事会延期换届及独立董事任期将届满的提示性公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 一、董事会延期换届 任期届满离任将导致公司独立董事人数少于董事会成员的三分之一，根据《公司 法》、《上市公司独立董事管理办法》等相关规定，在董事会换届工作完成以前， 华小宁先生、孙玉麟先生、黄启均先生将继续履行其独立董事及相关董事会专门 委员会委员职责，直至公司股东会选举产生新的独立董事。 特此公告。 深圳市洲明科技股份有限公司董事会 2025 年 5 月 12 日 深圳市洲明科技股份有限公司（以下简称"公司"）第五届董事会任期将于 2025 年 5 月 19 日届满。鉴于中国证监会发布的《关于新〈公司法〉配套制度规 则实施相关过渡期安排》（以下简称"《过渡安排》"），要求"上市公司应当 在 2026 年 1 月 1 日前，按照《公司法》、《国务院关于实施〈公司法〉注册资 本登记管理制度的规定》及证监会配套制度规则等规定，在公司章程中规定在董 事会中设审计委员会， ...

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.:010-50867666 传真/Fax:010-56916450 网址/Website:www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 北京市康达律师事务所 关于深圳市洲明科技股份有限公司 2024 年年度股东大会的法律意见书 康达股会字[2025]第 0134 号 致：深圳市洲明科技股份有限公司 北京市康达律师事务所（以下简称"本所"）接受深圳市洲明科技股份有限 公司（以下简称"公司"）的委托，指派本所律师参加公司 2024 年年度股东大 会（以下简称"本次会议"）。 本所律师根据《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》" ...