Financial Performance - The company achieved a revenue of 88,764,892.61 yuan from leasing, representing a decrease of 3.11% compared to the previous year[19]. - E-commerce revenue surged to 25,634,606.65 yuan, marking a significant increase of 246.56% year-over-year[19]. - The company reported a decrease in total cash inflow from operating activities by 1.37% to ¥8,395,979,420.70 in 2022[34]. - The net cash flow from operating activities in 2022 was ¥564,076,307.54, a 21.70% increase compared to ¥463,497,781.76 in 2021[34]. - The investment activities generated a net cash flow of -¥315,189,807.96 in 2022, an improvement of 31.74% from -¥461,749,373.29 in 2021[34]. - The operating revenue for the company was CNY 2,848,887,757.88, with a net profit of CNY 377,360,772.76[63]. - The company maintained revenue growth despite a decline in domestic market demand starting in April 2022, avoiding significant price cuts to protect brand value and gross margin[162]. Research and Development - In 2022, the company's R&D investment amounted to ¥386,386,496.46, representing an increase from ¥335,863,624.67 in 2021, indicating a focus on innovation[34]. - The total number of R&D personnel increased to 875 in 2022, accounting for 16.59% of the workforce, down from 17.32% in 2021[32]. - The number of R&D personnel with a master's degree increased by 8.93% to 122 in 2022, reflecting a commitment to higher education in the workforce[32]. - The company aims to enhance its competitive edge in the market by developing new technologies and expanding into new application areas[32]. - The NPQD Micro LED technology demonstrated a brightness increase of 3-10 times compared to traditional quantum dot films, expanding to approximately 12 times after accelerated aging tests[8]. - The company’s MIP packaging technology has reached a transfer accuracy of 99.999%, enhancing overall product reliability[4]. - Saphlux has been granted exclusive global rights to 14 patents related to nanopore GaN etching and NPQD technology, building a substantial patent pool with nearly 40 related patents[170]. Market Expansion and Strategy - The digital exhibition market is projected to have a market space of approximately 70 billion yuan, driven by the rise of digital twin and metaverse concepts[12]. - The company aims to double revenue from special needs industries in 2023, following successful product development and market application[70]. - The company plans to achieve a 30% increase in orders compared to the previous year through its domestic channel "Gold Medal Plan" in 2023[74]. - The company expects to maintain over 40% revenue growth in the Asia, Africa, and Latin America markets in 2023[75]. - The company aims to strengthen its global leadership in LED display technology and expand the Micro LED market scale[66]. - The company is focusing on high-quality projects in the cultural tourism night market to stabilize business scale[98]. - The company has established dedicated teams to cover the Asia, Africa, and Latin America markets, enhancing global product reach[92]. Governance and Compliance - The company strictly adheres to relevant laws and regulations, ensuring accurate, timely, and complete information disclosure to all investors[118]. - The governance structure of the company complies with the requirements set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange[110]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring autonomous operational capabilities[120]. - The company has established an independent financial accounting system and conducts business operations without reliance on its controlling shareholder[120]. - The company has implemented a robust internal control system to enhance governance levels continuously[110]. - The company has established a fair and transparent performance evaluation and incentive mechanism for senior management, incorporating basic annual salary and year-end performance assessments[117]. Employee Management and Compensation - The total number of employees at the end of the reporting period was 5,273, with 721 in the parent company and 4,552 in major subsidiaries[149]. - The company has 1,809 technical personnel, 1,699 production personnel, and 862 sales personnel, reflecting a diverse professional structure[149]. - The company has a comprehensive compensation policy that combines position-based pay with performance assessments to enhance employee satisfaction and loyalty[150]. - The company has implemented 2 rounds of stock repurchase and 5 rounds of employee stock ownership plans, indicating a proactive approach to capital management[141]. - The performance assessment for senior management is based on the company's economic benefits and work objectives, with specific revenue growth targets set for 2021, 2022, and 2023[197]. Financial Management and Fundraising - The total amount of raised funds from various financing methods since 2012 is CNY 501.53 million, with CNY 10.58 million utilized in the current period[48]. - The company has issued 2 rounds of non-public stock offerings totaling 2.7 billion yuan and 1 round of public bond issuance of 900 million yuan, demonstrating strong capital raising capabilities[141]. - The company has not changed the purpose of raised funds during the reporting period, ensuring compliance with regulations[48]. - The company reported a total of CNY 169.76 million in financial assets, with a significant portion being trading financial assets valued at CNY 412.56 million[43]. - The company plans to implement a profit distribution scheme based on the total share capital excluding repurchased shares as of the record date for the 2022 annual equity distribution[177]. Project Development and Investments - The LED application industry southern headquarters project has an investment progress of 101.49%, with a total investment of 44,123.74 million[54]. - The company completed the construction of the LED application industry southern headquarters project, which is now operational, although equipment investments are still ongoing[53]. - The company has made a significant equity investment of CNY 234.6 million in Jiangsu Lijing Microelectronics Technology Co., holding a 50% stake, focusing on Mini LED and Micro LED development[44]. - The company terminated the LED application industry park project due to government planning impacts, reallocating 30,000.00 million of its own funds to establish a production base in Hunan[53]. - The company achieved a 100% completion rate for the Xi'an Intelligent R&D Center project, with a total raised fund of 1,244.78 million[54].

利亚德光电股份有限公司 关于举行2022年度业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 利亚德光电股份有限公司（以下简称"公司"）拟于 2023 年 4 月 4 日发布 2022 年年度报告。为便于广大投资者更深入全面地了解 2022 年年度报告及公司 经营情况，公司定于 2023 年 4 月 10 日（星期一）下午 14：00-16：00 举办 2022 年度业绩说明会，现将有关事项公告如下： 一、会议时间、地点及方式 证券代码：300296 证券简称：利亚德 公告编号：2023-018 （现场参会报名页面二维码） 2、网络视频直播报名方式 1、会议时间：2023 年 4 月 10 日（星期一）下午 14：00-16：00。 2、召开方式：现场+网络视频直播 3、会议现场地点：中国电影博物馆（北京市朝阳区南影路 9 号） 二、公司出席人员 公司董事长、总经理李军先生，董事、副总经理、董事会秘书李楠楠女士， 董事袁波先生，独立董事肖建华女士、李哲先生，财务负责人张晓雪女士及其他 相关人员，具体以当天实际参会人员为准。 三、参加方式 1、现 ...

Industry and Technology Development - The LED industry began developing in China in the 1990s, experiencing three technological leaps, with LianYade leading the progress [2] - The first breakthrough occurred in 1998 when LianYade launched the first full-color LED screen in China, achieving the largest market share in the industry [2] - In 2010, the company developed small-pitch LEDs with a pixel pitch below 2.5mm, which have gradually replaced traditional DLP and LCD products over the past decade [2][3] - By 2020, the industry saw a breakthrough with the mass production of Micro LED technology, leading to the establishment of a joint venture for Micro LED production [3] - Micro LED technology is expected to replace many traditional display products, with LianYade's Micro LED series covering 80% of the indoor small-pitch LED market [3] Business Development and Strategy - Since its establishment in 1995, LianYade has focused on the R&D, production, and application of LED displays, expanding its business through horizontal mergers post-2012 [3][4] - The revenue share from display business decreased from 100% to around 50% in 2018 but has since rebounded to approximately 85% due to advancements in Micro LED technology [3][4] - The company has initiated a new three-year strategic cycle starting in 2022, focusing on solidifying its smart display business and expanding application markets [4] Financial Performance - In 2022, LianYade achieved a revenue of approximately 8.5 billion yuan, a decrease of about 4% year-on-year, with the smart display segment contributing around 7.2 billion yuan, marking a 5% increase [4] - The company experienced a significant decline in new orders for its cultural tourism segment, with a 61% drop year-on-year, leading to substantial losses [4] - Goodwill impairment amounted to approximately 236 million yuan, with the goodwill net value of other acquired companies reduced to zero [4] Future Outlook and Market Position - LianYade plans to continue investing in Micro LED technology to reduce costs and expand market scale, with a focus on smaller applications [3][4] - The company has achieved significant breakthroughs in Micro LED technology, with the black diamond series officially launched in October 2022 [4] - The company is optimistic about market recovery in 2023, despite current stability in the overall market [5]

Group 1: Industry and Technology Development - The LED industry in China has undergone three technological leaps since the 1990s, with Leyard leading the progress [2] - Leyard launched the first full-color LED screen in 1998, achieving the largest scale in the industry [2] - In 2010, Leyard developed small-pitch LED technology, which has gradually replaced DLP and LCD products in the market [3] - By 2020, the industry saw a breakthrough with the mass production of Micro LED technology, with Leyard establishing a joint venture for Micro LED production [3] - Leyard's Micro LED technology aims to replace traditional display products across various applications, including TVs and mobile devices [3] Group 2: Business Development and Strategy - Since its establishment in 1995, Leyard has focused on R&D, production, and application of LED displays [4] - After going public in 2012, Leyard expanded its business into cultural tourism and virtual reality through horizontal mergers [4] - The revenue share from display business decreased from 100% to around 50% by 2018, but has since recovered to approximately 85% due to advancements in Micro LED technology [4] - In 2022, Leyard initiated a new three-year strategic cycle, focusing on solidifying its smart display business and expanding applications [4] Group 3: Financial Performance and Market Strategy - Leyard's gross margin for overseas business decreased due to a strategic shift in market focus, particularly towards Asia, Africa, and Latin America [5] - The gross margin improved in Q3 2022 due to the production capabilities of the Hunan factory, reducing reliance on outsourcing [5] - Leyard aims to reduce Micro LED costs through various strategies, including improving chip production efficiency and exploring alternative materials [5] Group 4: Future Plans and Market Expansion - Leyard plans to enhance its presence in the cinema market by meeting technical requirements and obtaining DCI certification [6] - The company has received orders for 10 cinema screens and aims to further penetrate the cinema market [6] - Government investment in cultural tourism is expected to focus on enhancing tourist experiences through technology, with projects likely to be smaller in scale compared to previous years [6]