Market Overview - The Shanghai Composite Index closed at 3814.20 points, below the five-day moving average, with a decline of 1.14% [1] - The total trading volume of A-shares reached 1,878.28 billion yuan [1] Stocks Performance - A total of 139 A-shares broke through the five-day moving average today [1] - Stocks with significant deviation rates include: - Hailianxun (300277) with a deviation rate of 14.15%, closing up 20.03% [1] - Shoukai Co. (600376) with a deviation rate of 7.01%, closing up 9.85% [1] - Zhongchen Technology (603275) with a deviation rate of 6.97%, closing up 9.99% [1] - Other notable stocks with smaller deviation rates include: - Yunda Co. (300409) with a deviation rate of 6.32%, closing up 10.92% [1] - Hanzhong Precision (002158) with a deviation rate of 6.30%, closing up 10.00% [1] Detailed Stock Data - The following table summarizes the performance of selected stocks that broke through the five-day moving average: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Five-Day MA (yuan) | Latest Price (yuan) | Deviation Rate (%) | | --- | --- | --- | --- | --- | --- | --- | | 300277 | Hailianxun | 20.03 | 24.96 | 13.54 | 15.46 | 14.15 | | 600376 | Shoukai Co. | 9.85 | 6.33 | 2.71 | 2.90 | 7.01 | | 603275 | Zhongchen Technology | 9.99 | 10.43 | 50.42 | 53.94 | 6.97 | | 002067 | Jingxing Paper | 10.00 | 15.98 | 4.34 | 4.62 | 6.55 | | 300409 | Yunda Co. | 10.92 | 20.47 | 22.07 | 23.47 | 6.32 | | 002158 | Hanzhong Precision | 10.00 | 3.58 | 25.04 | 26.62 | 6.30 | | 688108 | Sainuo Medical | 9.10 | 11.70 | 33.29 | 35.13 | 5.54 | | 603283 | Saiteng Co. | 7.32 | 9.18 | 41.65 | 43.85 | 5.27 | | 300655 | Jingrui Materials | 7.83 | 14.56 | 12.30 | 12.94 | 5.24 | | 300905 | Baolidai | 9.29 | 12.54 | 32.92 | 34.57 | 5.02 | | 603992 | Songlin Technology | 6.80 | 1.51 | 29.63 | 31.10 | 4.98 | | 688717 | Ailuo Energy | 9.04 | 5.60 | 68.52 | 71.80 | 4.78 | | 002549 | Kaimeteqi | 8.68 | 17.83 | 16.53 | 17.28 | 4.52 | | 603367 | Chenxin Pharmaceutical | 10.02 | 5.75 | 25.75 | 26.90 | 4.45 | | 301491 | Hansang Technology | 6.43 | 26.20 | 66.30 | 69.07 | 4.18 | | 300303 | Jufei Optoelectronics | 5.04 | 10.31 | 6.84 | 7.08 | 3.48 | | 601869 | Changfei Optical Fiber | 10.00 | 5.24 | 88.00 | 91.06 | 3.47 | | 600699 | Junsheng Electric | 4.33 | 6.13 | 21.26 | 21.95 | 3.26 | | 002531 | Tienswind Energy | 5.37 | 2.16 | 6.86 | 7.07 | 3.03 | | 301182 | Kaiwang Technology | 6.37 | 9.05 | 38.56 | 39.73 | 3.02 [2]

Group 1 - The A-share market saw a rebound in CPO concept stocks, with notable gains in several companies [1] - Changfei Fiber reached the daily limit increase, while Zhongji Xuchuang rose over 9% [1] - Other companies such as Shijia Photon, Guangku Technology, and Tiantong Co. also experienced significant increases, with gains exceeding 6% [1] Group 2 - Detailed stock performance includes: - Changfei Fiber (code: 601869) increased by 10% with a market cap of 69 billion and a year-to-date increase of 205.92% [2] - Zhongji Xuchuang (code: 300308) rose by 9.23% with a market cap of 466 billion and a year-to-date increase of 240.96% [2] - Shijia Photon (code: 688313) increased by 7.75% with a market cap of 39 billion and a year-to-date increase of 418.23% [2] - Guangku Technology (code: 300620) reported a 6.81% increase with a market cap of 26.7 billion and a year-to-date increase of 120.71% [2] - Tiantong Co. (code: 600330) saw a 6.04% increase with a market cap of 13.2 billion and a year-to-date increase of 51.29% [2]

Group 1 - The CPO concept stocks in the A-share market have rebounded, with notable gains in several companies [1] - Changfei Fiber has reached the daily limit increase, while Zhongji Xuchuang has risen over 9% [1] - Other companies such as Shijia Photon, Guangku Technology, and Tiantong Co. have also shown significant increases, with gains exceeding 6% [1] Group 2 - The following companies have reported their stock performance: - Changfei Fiber (code: 601869) increased by 10% with a total market value of 69 billion and a year-to-date increase of 205.92% [2] - Zhongji Xuchuang (code: 300308) rose by 9.23% with a market value of 466 billion and a year-to-date increase of 240.96% [2] - Shijia Photon (code: 688313) increased by 7.75% with a market value of 39 billion and a year-to-date increase of 418.23% [2] - Guangku Technology (code: 300620) rose by 6.81% with a market value of 26.7 billion and a year-to-date increase of 120.71% [2] - Tiantong Co. (code: 600330) increased by 6.04% with a market value of 13.2 billion and a year-to-date increase of 51.29% [2] - Other companies such as Juguang Technology, Zhili Fang, and Jufei Optoelectronics also reported gains between 4% to 5% [2]

此次回购股份资金不低于8000万元且不超过1亿元（均含本数），回购股份价格不超过9.87元/股（含本 数）。后因实施2024年年度权益分派方案，于2025年6月7日调整回购价格上限为9.74元/股（含本数） 。回购股份的实施期限为自公司董事会审议通过本次回购方案之日起12个月内。 最新回购进展 登录新浪财经APP 搜索【信披】查看更多考评等级 2025年9月2日，深圳市聚飞光电股份有限公司发布关于回购公司股份的进展公告，披露了公司自启动回 购计划以来的相关情况。 回购计划回顾 聚飞光电于2025年4月18日召开第六届董事会第六次会议、第六届监事会第六次会议，审议通过《关于 <回购公司股 份方案="份方案"> 的议案》。公司拟使用自有资金或自筹资金，以集中竞价交易方式回 购部分社会公众股股份。回购股份种类为人民币普通股（A股），将用于后续实施员工持股计划或者 股 权激励，若未能在 股份回购完成后的36个月内用于上述用途，未使用部分将予以注销。 后续，聚飞光电将根据市场情况在回购期限内继续实施股份回购计划，并按照相关法律法规和规范性文 件的规定及时履行信息披露义务。投资者需注意投资风险。 声明：市场有风险，投资需 ...

Group 1 - The company, Jufei Optoelectronics, announced a share buyback plan to repurchase approximately 2.65 million shares, accounting for 0.1871% of its total share capital, with a total transaction amount of about 16.3 million yuan [1] - The highest transaction price for the buyback was 6.35 yuan per share, while the lowest was 5.82 yuan per share [1] - As of the report, Jufei Optoelectronics has a market capitalization of 9.5 billion yuan [1] Group 2 - For the first half of 2025, the company's revenue composition shows that LED products accounted for 91.27% of total revenue, while other businesses contributed 8.73% [1]

格隆汇9月2日丨聚飞光电(300303.SZ)公布，截至2025年8月31日，公司通过股票回购专用证券账户以集 中竞价交易方式回购公司股份2,649,200股，占公司总股本的0.1871%，最高成交价为6.35元/股，最低成 交价为5.82元/股，成交总金额为1630.4056万元(不含交易费用)。 ...

2025 年 6 月 7 日，公司披露了《关于调整回购股份价格上限的公告》（公告编 号：2025-030）。因实施 2024 年年度权益分派方案，回购价格上限调整为 9.74 元/ 股（含本数）。 证券代码：300303 证券简称：聚飞光电 公告编号：2025-049 深圳市聚飞光电股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 关于回购公司股份的进展公告 深圳市聚飞光电股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开的 第六届董事会第六次会议、第六届监事会第六次会议审议通过了《关于<回购公司股 份方案>的议案》，公司拟使用自有资金或自筹资金以集中竞价交易方式回购公司部 分社会公众股股份。公司回购股份的种类为公司发行的人民币普通股（A 股），本次 回购的股份将用于后续实施员工持股计划或者股权激励，若公司未能在股份回购完成 后的 36 个月内用于上述用途，未使用部分将予以注销。本次回购股份资金不低于人 民币 8,000 万元且不超过人民币 1 亿元（均含本数），本次回购股份价格不超过人民 币 9.87 元/股（含本数），具体回 ...

Group 1 - The core viewpoint of the article highlights that Jufei Optoelectronics (SZ 300303) is engaging with investors through a research meeting scheduled for August 24-25, 2025, with the company secretary participating in the discussions [1] - For the first half of 2025, Jufei Optoelectronics reported that its revenue composition was 91.27% from LED products and 8.73% from other businesses [1] - As of the report date, Jufei Optoelectronics has a market capitalization of 9.4 billion yuan [1]

Group 1: Financial Performance - The company achieved total operating revenue of 165,687.92 million yuan in the first half of 2025, representing an 18.90% increase compared to the same period last year [2] - The net profit attributable to shareholders of the listed company was 12,416.09 million yuan, a decrease of 15.93% year-on-year [2] Group 2: Growth Drivers - Future growth drivers include the increased penetration of Mini LED backlight applications, growth in market share for automotive LEDs and mid-size LED backlights, and expansion in overseas markets for traditional businesses [3] - The company maintains an open attitude towards mergers and acquisitions, actively seeking potential investment targets that align with its long-term strategic planning [3] Group 3: Research and Development - R&D investment for the first half of 2025 was 106,510,574.95 yuan, reflecting a 17.56% increase from the previous year [3] - The company is focused on new technologies and trends, ensuring a robust pipeline of new product development projects [3] Group 4: Market Trends and Production Plans - The Mini LED backlight market is experiencing a trend towards mainstream display technology, driven by decreasing costs and increasing penetration rates [3] - The company is expanding production lines in Huizhou and Wuhu to meet customer demand for Mini LED backlight products [4] Group 5: Shareholder Engagement and Risk Management - The company emphasizes market value management and shareholder returns, with repurchased shares intended for employee stock ownership plans or equity incentives [4] - Current tariffs have limited impact on the company due to its diversified customer base and delivery regions, enhancing its ability to withstand international risks [4]

Summary of 聚飞光电 Conference Call Company Overview - **Company**: 聚飞光电 (Jufei Optoelectronics) - **Date**: August 25, 2025 Key Industry Insights - **Industry**: LED and Optoelectronics - **Market Trends**: Benefiting from national subsidy policies and high-quality product demand, with stable overseas market demand [2][3] Core Business Performance - **Revenue Growth**: Company reported an 18.9% increase in revenue for the first half of the year [2][6] - **Profit Decline**: Non-recurring net profit decreased by 6% due to product structure adjustments and increased competition in large-size and MINI products, leading to a 2% drop in gross margin [2][7] - **Product Segmentation**: - **LED Products**: Accounted for 91% of revenue, with significant growth in MINI backlight for TVs and automotive products [3][4] - **Automotive Products**: Grew by approximately 30%, with automotive backlight ranking among the top three globally [2][3][11] - **Mini LED and Micro LED**: Contributed to the growth in small-sized displays, which have a higher gross margin than the company's overall margin [10] Market Share and Product Mix - **Automotive Product Share**: 15% of total revenue, with MINI backlight for TVs increasing from 20% to 25% [2][4] - **Traditional Lighting**: Experienced a decline, but overseas demand remains strong, maintaining a 22% share in large-size backlight [2][4] - **Other Segments**: Optical modules and optical materials accounted for 7-8%, while LED key lights and home appliance infrared displays made up 3% [5] Future Development Focus - **Strategic Focus**: Emphasis on expanding MINI backlight both domestically and internationally, with significant development expected in overseas markets [2][8] - **Collaboration**: Plans to collaborate with major companies like Samsung and LG to mitigate tariff risks through global supply [8][14] - **Investment in R&D**: Increased investment in R&D and human resources to address market competition and improve product offerings [7][20] Challenges and Adjustments - **Competition**: Intense competition in the TV market, particularly for low-end MINI products, has pressured overall gross margins [9][19] - **Resource Allocation**: Challenges in resource distribution and personnel strength in the automotive display sector, leading to lost orders [20] - **Profitability Outlook**: Anticipated improvement in gross margin in the second half of the year due to strategic adjustments and focused problem-solving [21] Financial Projections - **Revenue Expectations**: Projected revenue for new business segments around 50 million yuan, with ongoing subsidies to support growth while controlling overall operational impact [18] Conclusion 聚飞光电 is positioned to leverage its strengths in the LED and optoelectronics market, with a clear focus on expanding its MINI backlight segment and enhancing its international presence. Despite facing challenges in competition and resource allocation, the company is optimistic about improving profitability and market share through strategic partnerships and increased R&D investment.