Core Viewpoint - The company's strategic planning under the 14th Five-Year Plan is expected to create new opportunities for companies expanding overseas, particularly in regions like Brazil and Dubai, which prioritize energy consumption, cost-effectiveness, and liquidity over high-end display applications seen in Europe and the United States [1] Group 1 - The company is establishing a factory in Saudi Arabia to better align with local needs and address user pain points [1]

每经头条（nbdtoutiao）——绕开光刻机"卡脖子"，中国新型芯片问世！专访北大孙仲：支撑AI训练和 具身智能，可在28纳米及以上成熟工艺量产 （记者 曾健辉） 每经AI快讯，利亚德发布公告称，2025年12月30日10:00-12:00，利亚德接受国融证券调研，公司董事会 秘书兼副总经理刘阳参与接待，并回答了投资者提出的问题。 ...

Group 1: Business Segments Overview - The company operates three main business segments: Smart Display, Cultural Tourism, and AI & Spatial Computing [1][3][4]. - The Smart Display segment focuses on comprehensive marketing strategies, enhancing hardware and software integration, and utilizing AI for operational monitoring [1][2]. - The Cultural Tourism segment has participated in 9 out of 20 immersive tourism demonstration cases released by the Ministry of Culture and Tourism, emphasizing night economy and digital exhibition [3][13]. Group 2: International Expansion - Since acquiring Planar in 2015, the company has actively pursued an "outbound" strategy, establishing localized services and channel development to meet diverse overseas market demands [2][6]. - As of 2024, overseas business accounts for 50% of total operations, with a 50% year-on-year increase in new orders in the North American market [6][7]. Group 3: Technological Innovations - The AI & Spatial Computing segment leverages Optitrack motion capture technology, which has applications in various industries including robotics and sports training [4][10]. - The company has developed multiple advanced technologies, such as Lydia motion model and markerless capture, to provide tailored solutions for clients [5][10]. Group 4: Future Strategies and Goals - The company aims to shift its strategic focus from "scale expansion" to "value creation," enhancing technology R&D and global marketing networks [14][15]. - The integration of cultural tourism and night economy initiatives is expected to drive new growth opportunities, supported by government policies to boost consumption [13][14].

Group 1 - The core viewpoint of the news highlights the trading performance and financial metrics of Liard, indicating a slight decline in stock price and a low level of financing and margin trading activity [1] - On December 29, Liard's stock price fell by 0.80%, with a trading volume of 201 million yuan. The financing buy amount was 22.68 million yuan, while the financing repayment was 20.61 million yuan, resulting in a net financing buy of 2.07 million yuan [1] - As of December 29, the total balance of margin trading for Liard was 1.03 billion yuan, with the financing balance accounting for 6.13% of the circulating market value, which is below the 30th percentile level over the past year [1] Group 2 - As of September 30, Liard had 130,300 shareholders, a decrease of 13.48% from the previous period, while the average circulating shares per person increased by 15.59% to 17,460 shares [2] - For the period from January to September 2025, Liard reported an operating income of 5.302 billion yuan, a year-on-year decrease of 2.98%, while the net profit attributable to shareholders increased by 53.71% to 279 million yuan [2] - Liard has distributed a total of 1.45 billion yuan in dividends since its A-share listing, with 498 million yuan distributed over the past three years [2]

Core Viewpoint - The Wancheng District is implementing a ten-year road lighting energy cost management project to promote smart city governance, focusing on energy efficiency, safety, and intelligent management, without requiring upfront government investment [3][4][5]. Group 1: Project Overview - The project involves the management of 25,321 streetlights, with 41,457 lamps, primarily high-pressure sodium lamps, and only about 7,000 LED lamps [3]. - The district's budget for public streetlight electricity and maintenance in 2024 is projected to be 44.84 million yuan, with approximately 35.62 million yuan for electricity and 9.22 million yuan for maintenance [3]. Group 2: Challenges Addressed - Existing issues include aging infrastructure, inadequate illumination, reliance on manual inspections, and high energy consumption from traditional lighting systems [4]. - The project aims to address these challenges by implementing a systematic upgrade of public lighting facilities to enhance operational efficiency and safety [4]. Group 3: Implementation Details - The project is being executed by a consortium including China Tower Group, Hefei Daming Zhiliang Technology Co., and Liard (Hunan) Light Environment Cultural Development Co., using an energy cost management and smart service model [5]. - The upgrade will replace high-pressure sodium and old LED lamps with high-efficiency, low-power LED fixtures, and will include the installation of smart control systems for individual lamps [5][6]. Group 4: Energy Savings and Environmental Impact - The new LED lighting is expected to achieve over 50% energy savings, translating to an annual reduction of over 25 million kWh, equivalent to saving 8,000 tons of standard coal and reducing CO2 emissions by approximately 20,000 tons [6]. - The energy cost management model is projected to save about 13 million yuan annually, totaling 1.3 billion yuan over ten years [7]. Group 5: Smart Management Features - The smart platform allows for precise fault detection and rapid repairs, improving operational efficiency and maintaining a light rate of over 98% [8]. - The system will also enhance public safety by integrating video monitoring and other smart applications, transforming streetlights into multifunctional urban nodes [8][9]. Group 6: Future Goals - By 2026, Wancheng aims to establish an integrated system of smart lighting and urban governance, enhancing the overall quality of life and contributing to the district's "dual carbon" goals [9].

证券之星消息，12月25日光学光电子板块较上一交易日上涨0.6%，盛洋科技领涨。当日上证指数报收于 3959.62，上涨0.47%。深证成指报收于13531.41，上涨0.33%。光学光电子板块个股涨跌见下表： 从资金流向上来看，当日光学光电子板块主力资金净流入2.44亿元，游资资金净流入1.36亿元，散户资金 净流出3.8亿元。光学光电子板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300102 | 乾照光电 | 3.36 Z | 8.17% | 1.01亿 | 2.47% | -4.38 Z | -10.64% | | 301183 | 东田微 | 2.33 Z | 10.66% | 4194.56万 | 1.92% | -2.75 Z | -12.58% | | 688195 腾景科技 | | 1.90 Z | 8.37% | -1.08亿 | -4.77% | -8172.45万 ...

（编辑 丛可心 王雪儿） 证券日报网讯 12月24日，利亚德在互动平台回答投资者提问时表示，LiFi光通信是一种利用可见光、红 外线或紫外线进行高速无线数据传输的技术。与其他无线技术相比，LiFi光通信具有安全性高、保密性 好、抗电磁干扰能力强、通信速率高、无电磁污染等诸多优势。LiFi光通信过程分为发射、自由空间光 传输及接收三个部分。发射端将原始数据信号编码调制、处理放大后实现信号的电光转换，并通过自由 空间信道将光信号传输给接收端；接收端接收光信号，进行光信号的光电转换，恢复为原始数据信号， 从而实现光无线通信。 ...

Group 1 - The core viewpoint of the article is that Liard (300296) has confirmed its products are widely used across various sectors, including corporate clients, military units, government agencies, basic energy, public safety, traffic dispatch command, and cinemas, but has not yet expanded into the helmet sector [1] Group 2 - The company is actively engaging with investors through interactive platforms to provide updates on its product applications [1] - The diverse application areas indicate a strong market presence and potential for growth in multiple industries [1] - The absence of expansion into the helmet sector suggests a focused strategy on existing markets rather than diversifying into new product categories at this time [1]

Core Viewpoint - The company Liard (300296) has introduced its new generation Hi-Micro, which represents the most advanced Micro LED packaging technology, featuring substrate-free Micro LED chips that are smaller, brighter, faster in response, and more stable and reliable [1] Group 1 - The Hi-Micro technology is widely applicable in high-end display scenarios [1] - There is a relatively higher demand for Hi-Micro technology overseas [1]

Core Viewpoint - Liard (300296.SZ) has indicated that its products are widely used across various sectors, including enterprise clients, military units, government agencies, basic energy, public safety, traffic dispatch command, and cinemas, but have not yet expanded into the helmet sector [1] Group 1 - The company’s products are applied in enterprise clients [1] - The company’s products are utilized by military units [1] - The company’s products serve government agencies [1] Group 2 - The company’s products are used in basic energy sectors [1] - The company’s products are involved in public safety [1] - The company’s products are employed in traffic dispatch command [1] Group 3 - The company’s products are utilized in cinemas [1] - The company has not yet expanded into the helmet sector [1]