Summary of Key Points Core Viewpoint - On September 24, 2023, Liard conducted three block trades totaling 42.426 million shares, amounting to 300 million yuan, with a trading price of 7.07 yuan, reflecting a discount of 3.42% compared to the closing price of the day [2][3]. Trading Activity - The total trading volume for the three block trades was 42.426 million shares, with a total transaction value of 300 million yuan [2]. - The average trading price for these transactions was 7.07 yuan, which is 3.42% lower than the closing price of 7.32 yuan on the same day [2][3]. - Over the past three months, Liard has recorded a total of seven block trades, with a cumulative transaction value of 380 million yuan [2]. Market Performance - On the same day, Liard's stock closed at 7.32 yuan, showing an increase of 3.54%, with a trading turnover rate of 5.26% and a total trading volume of 858 million yuan [2]. - The net inflow of main funds for the day was 12.5409 million yuan, while the stock has seen a cumulative decline of 2.79% over the past five days, with a total net outflow of 274 million yuan [2]. Financing Data - The latest margin financing balance for Liard is 1.135 billion yuan, which has decreased by 25.8269 million yuan over the past five days, representing a decline of 2.22% [3]. Company Background - Liard Optoelectronics Co., Ltd. was established on August 21, 1995, with a registered capital of 2.711977222 billion yuan [3].

Core Viewpoint - The article highlights the strategic upgrade of Leyard, a leading company in the global LED display industry, marking its 30th anniversary with a focus on building a collaborative ecosystem centered around "display as the foundation, cultural tourism as the wings, and AI as the core" [1][4]. Group 1: Company Achievements - Leyard's chairman, Li Jun, shared three proud achievements over the past 30 years: promoting "common prosperity" through employee stock ownership, leading technological innovation in the industry, and completing a global layout with brands like PLANAR establishing a foothold in high-end markets [2][12]. - The company has become a "visual representative" for major national events, showcasing its technological prowess through significant projects like the Beijing Olympics and the Wuhan Military Games [10]. Group 2: Strategic Direction - Li Jun emphasized the next phase of the company's direction, which includes fully embracing AI and creating a second growth curve while maintaining a spirit of equality, trust, cooperation, and win-win collaboration with partners [4][6]. - The strategic focus is on three core areas: "display, cultural tourism, and AI with spatial computing," aiming to become a leading comprehensive service provider in cultural tourism [7][25]. Group 3: Technological Innovations - Leyard is committed to continuous innovation in display technology, with upcoming products like the Hi-Micro technology for Micro LED and AR smart glasses designed for business scenarios, which integrate real-time translation and AI assistance [22][20]. - The company aims to enhance the user experience in cultural tourism through partnerships and innovative products that replace traditional tour guide devices [22]. Group 4: Future Vision - Leyard's future vision is to transition from being an "industry leader" to an "ecosystem builder," fostering a collaborative environment that promotes shared technology, co-created scenarios, and mutual value among industry players [25][24]. - The next 30 years will focus on enhancing China's influence in the global display industry, positioning Leyard as a key player in the transformation of the LED sector [25].

证券代码：300296 证券简称：利亚德 公告编号：2025-048 利亚德光电股份有限公司 关于控股股东及一致行动人之间 内部转让股份实施进展暨提前终止的公告 公司控股股东、实际控制人李军先生保证向本公司提供的信息内容真实、 准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示： 本次股份转让属于公司控股股东、实际控制人及其一致行动人之间内部持股 构成发生变化，其合计持股比例和数量未发生变化，不涉及向市场减持，不触及 要约收购，不会导致公司控制权发生变化，不会对公司治理结构及持续经营产生 影响。 利亚德光电股份有限公司（以下简称"公司"）于2025年7月16日在中国证 监会指定的创业板信息披露平台披露了《关于控股股东增加一致行动人及一致行 动人之间内部转让股份预披露公告》（公告编号：2025-041）。公司控股股东、 实际控制人李军先生因个人资产规划需要，拟以大宗交易方式向其一致行动人理 念世纪（海口）科技合伙企业（有限合伙）（以下简称"理念科技"）转让公司 股份不超过54,177,344股，即不超过扣除回购股份数后公司总股本的2% ...

证券代码：300296 证券简称：利亚德 公告编号：2025-049 利亚德光电股份有限公司 关于 2021 年员工持股计划 进入第三个额外锁定期的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 根据《利亚德光电股份有限公司 2021 年员工持股计划（草案修订稿）》（以 下简称"《员工持股计划（草案修订稿）》"）的规定及所有参与对象承诺，在每批 次锁定期届满之日起的 6 个月内不以任何形式分配当批次已满足解锁条件的标 的股票权益，在额外锁定期届满后至存续期届满前，本员工持股计划将根据员工 持股计划的安排和当时市场的情况决定是否卖出股票。因此，本员工持股计划自 2025 年 9 月 9 日起进入第三个额外锁定期；待第三个额外锁定期届满（2026 年 3 月 8 日）后，公司将按照相关法律法规的规定及时履行审议程序及信息披露义 务，敬请投资者关注相关公告。 公司分别于 2021 年 5 月 31 日、2021 年 6 月 16 日召开的第四届董事会第二 十三次会议、第四届监事会第二十一次会议及 2021 年第一次临时股东大会审议 通过了《关 ...

Core Insights - The core focus of the article is on the introduction of AR glasses by Leyard, highlighting their features and potential applications in business and tourism sectors [1] Group 1: Product Features - Leyard's AR glasses are designed for business scenarios, integrating real-time multilingual translation, voice prompting, smart navigation, and AI assistant functionalities [1] - The product utilizes dual-eye waveguide technology combined with a two-dimensional mixed grating design, ensuring high transparency and anti-glare properties [1] - The glasses weigh 49 grams and support personalized prescription lenses, catering to users' needs for all-day wear [1] Group 2: Market Applications - In the context of cultural tourism and exhibitions, Leyard has collaborated with Rokid to create a co-branded AR glasses model that supports display, photography, amplification, and AI-guided tours [1] - This new AR glasses model is expected to replace traditional audio guides and headphones, enhancing the operational service experience in the tourism sector [1] Group 3: Product Launch Timeline - Leyard's AR glasses are currently in the final validation stage, with an expected official launch in October 2025 [1] - The initial market focus will be on providing customized solutions for B-end industry clients [1]

Core Insights - The article highlights the 30th anniversary celebration of Leyard, showcasing its innovative products in visual technology, including AR smart glasses and the Hi-Micro series [1][3] - Leyard's chairman emphasized the company's commitment to innovation and its successful penetration into the global high-end market with original Chinese technology [3] - The company plans to embrace AI and focus on three core sectors: display technology, cultural tourism, and AI with spatial computing, aiming to create a new collaborative development model [3] Product Innovations - Leyard introduced several new products, including wireless self-organizing networks, next-generation visible light communication (LiFi), and specialized equipment, demonstrating its strong innovation capabilities [3] - The AR smart glasses are designed for business scenarios, featuring real-time multilingual translation, teleprompter, and AI assistant functionalities, with a lightweight design of only 49 grams [3] - A collaboration with Rokid resulted in AR glasses tailored for cultural tourism, which can replace traditional audio guide devices, enhancing the tourism service experience [4]

Core Viewpoint - The company, Leyard, has transformed from a small LED display manufacturer in 1995 to a multinational technology group with a market value of several hundred billion by 2025, announcing a new strategy focused on "Display + Cultural Tourism + AI and Spatial Computing" during its 30th anniversary celebration [1][8]. Group 1: Business Transformation - Leyard's chairman, Li Jun, emphasized that innovation has been the core driver of the company's growth, successfully capturing the high-end display market globally [3]. - The company's overseas revenue has surpassed domestic revenue for the first time, with its North American brand, PLANAR, achieving historic order performance in 2025 [3]. - Leyard introduced the Hi-Micro technology, a substrate-free Micro LED technology that significantly enhances display performance while reducing costs and improving yield, paving the way for large-scale applications [3]. Group 2: Cultural Tourism as a Growth Driver - Leyard views cultural tourism as its second growth curve, aiming to become a leading global comprehensive service provider in this sector [6]. - The cultural tourism market is substantial, with the night economy reaching 1.9 trillion and the entertainment market around 80 billion, indicating significant growth potential [6]. - The company has adopted a "2+4+1" strategic framework to enhance business models and increase customer retention and engagement [6]. Group 3: AI Integration - Leyard has committed to fully embracing AI to drive its second growth curve, integrating AI into its main business areas, including content creation and holographic generation in the display sector [7]. - The company has made significant advancements in AI technology, with robots now serving as guides and interpreters in cultural tourism settings [7]. - Leyard's acquisition of American company OptiTrack has positioned it to profit from AI-related business ventures [7]. Group 4: Strategic Vision - Leyard's strategy has evolved from being a single display manufacturer to an ecosystem-oriented enterprise focusing on "Display + Cultural Tourism + AI and Spatial Computing" [8]. - The company aims to collaborate with partners to create a new blueprint for audiovisual technology, reflecting a significant shift in its operational mindset [9].

Group 1 - The core viewpoint of the article is that Liard Group is embracing AI and expanding its business into new areas, aiming to create a second growth curve [1] - Liard's main business focuses on LED smart displays, with expansions into AI, spatial computing, and cultural tourism [1] - The strategic blueprint includes three core areas: display, cultural tourism, and AI with spatial computing, positioning the company as a comprehensive cultural tourism service provider [1] Group 2 - Liard has collaborated with Rokid to develop AR glasses that support display, photography, amplification, and AI-guided tours, potentially replacing traditional travel guide devices [1] - The AR glasses have achieved breakthroughs in "waveguide display technology + AI large model" and are in the final verification stage, with a launch expected in October [1] - In the first half of 2025, Liard reported a revenue of 3.51 billion yuan and a net profit of 172 million yuan, with the smart display business revenue growing by 20.14% quarter-on-quarter [1]

Group 1 - The stock of Liard increased by 2.81% on September 16, closing at 7.33 yuan, with a significant block trade involving 2.805 million shares and a total transaction value of 19.9997 million yuan [1] - The first transaction price was 7.13 yuan for 2.805 million shares, resulting in a transaction value of 19.9997 million yuan, with a premium rate of -2.73%. The buyer was from China International Capital Corporation Wealth Management Securities Co., Ltd., Shenzhen branch, and the seller was from Guolian Minsheng Securities Co., Ltd., Beijing branch [1] - Over the past three months, the stock has recorded four block trades with a total transaction value of 79.9815 million yuan. In the last five trading days, the stock has risen by 2.95%, while the net outflow of main funds totaled 174 million yuan [1]

Core Viewpoint - The company, Liard, has established a strong technological barrier in its AI and spatial computing sector by obtaining over 50 authorized patents as of June 30, 2025 [1] Group 1 - The company has received more than 50 authorized patents in its AI and spatial computing sector [1] - The company emphasizes its commitment to timely and transparent information disclosure in accordance with legal regulations for any significant matters [1]