证券代码：300232 证券简称：洲明科技 公告编号：2025-046 深圳市洲明科技股份有限公司 根据《关于上市公司实施员工持股计划试点的指导意见》、《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》等法律法规和 规范性文件的相关要求，现将公司第六期员工持股计划的实施进展情况公告如 下： 截至本公告披露日，公司第六期员工持股计划的资金信托合同已签署完毕， 本次持股计划的专用证券账户已开立完毕，尚未购买本公司股票。 公司将严格遵守市场交易规则，持续关注公司第六期员工持股计划的实施 进展情况，并按照相关法律法规的规定及时履行信息披露义务。敬请广大投资 者关注相关公告并注意投资风险！ 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"）分别于2025年4月2日、 会，审议通过了《关于深圳市洲明科技股份有限公司第六期员工持股计划（草案） 及其摘要的议案》、《关于深圳市洲明科技股份有限公司第六期员工持股计划管 理办法的议案》等相关议案，同意公司实施第六期员工持股计划并授权董事会全 权办理相关事宜，公司分别 ...

关于第六期员工持股计划的进展公告 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。 深圳市洲明科技股份有限公司（以下简称"公司"）分别于2025年4月2日、 2025年4月18日召开了第五届董事会第二十二次会议、2025年第一次临时股东大 会，审议通过了《关于深圳市洲明科技股份有限公司第六期员工持股计划（草案） 及其摘要的议案》、《关于深圳市洲明科技股份有限公司第六期员工持股计划管 理办法的议案》等相关议案，同意公司实施第六期员工持股计划并授权董事会全 权办理相关事宜，公司分别于2025年4月3日披露了《第六期员工持股计划（草案）》、 证券代码：300232 证券简称：洲明科技 公告编号：2025-046 深圳市洲明科技股份有限公司 《第六期员工持股计划（草案）摘要》、《第六期员工持股计划管理办法》，于 2025年4月18日披露了《2025年第一次临时股东大会决议公告》（公告编号：2025- 011），于2025年4月22日披露了《关于第六期员工持股计划的进展公告》（公告 编号：2025-037），具体内容详见公司披露于中国证监会指定创业板信息披露网 站巨潮资讯 ...

证券代码：300232 证券简称：洲明科技 公告编号：2025-045 深圳市洲明科技股份有限公司 第六期员工持股计划第一次持有人会议决议的公告 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、员工持股计划持有人会议召开情况 深圳市洲明科技股份有限公司（以下简称"公司"）第六期员工持股计划第 一次持有人会议于 2025 年 5 月 29 日 10:00 在公司会议室召开，会议以通讯表决 方式审议相关议案，召开本次会议的通知已于 2025 年 5 月 27 日以企业微信方式 通知各位持有人。本次会议由公司董事会秘书陈一帆女士主持，应参与表决的持 有人为 77 人，实际参与表决持有人为 49 人，代表公司第六期员工持股计划份额 1,413 万份，占公司第六期员工持股计划总份额的 66.87%。会议的召集、召开和 表决程序符合相关法律法规及公司《第六期员工持股计划管理办法》的有关规定。 1、审议并通过了《关于设立第六期员工持股计划管理委员会的议案》 为保证公司第六期员工持股计划的顺利进行，保障持有人的合法权益，根据 公司《第六期员工持股计划（草案）》、《第六期员 ...

Revenue Growth Sources - Future revenue growth is primarily driven by three areas: expansion of the LED market, deepening industry solution services, and innovative products integrating LED with AI [1][2] - The LED market is expanding due to the trend towards miniaturization, with Mini/Micro LED products opening new application scenarios [1] - Industry solutions are being applied in sports, entertainment, and commercial sectors, enhancing business value [1] Sales Model and Brand Exclusivity - The company employs a sales model that combines distribution and direct sales, with a three-tier structure: distributors, agents, and dealers [3] - Distributors have brand exclusivity and collaborate with the company through inventory stocking, while agents and dealers operate under different contractual arrangements [3] Goodwill and Impairment - Goodwill primarily arises from strategic acquisitions post-IPO, with a recorded goodwill of 113 million yuan as of the end of 2024 [4] - The overall impairment risk is low, with assessments based on company performance and future cash flows [4] International Market Strategy - In 2024, overseas revenue reached 4.777 billion yuan, accounting for 61.45% of total revenue, with an 18.33% year-on-year growth [5][6] - Strategies include localization of teams and channels, local partnerships for market influence, and product design tailored to local needs [6] Impact of U.S. Tariffs - The impact of U.S. tariffs on the company is limited due to a balanced global sales network and local production capabilities through acquisitions [7] - The company benefits from brand premium and technological innovation, enhancing product value and bargaining power [7] Future M&A Plans - The company maintains a cautious approach towards mergers and acquisitions, focusing on integrating market, brand, and technology resources [8][9] - Key areas of interest include upstream and downstream integration in the optoelectronic industry, potential innovative firms in niche markets, and collaboration with industry funds for strategic investments [9]

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].