证券代码：300708 证券简称：聚灿光电 公告编号：2025-016 聚灿光电科技股份有限公司 4、保费：不超过 50 万元/年（最终根据保险公司报价确定） 5、保险期限：每年度 公司提请股东大会在上述权限内授权管理层办理董监高责任险相关购买事 宜（包括但不限于确定其他相关责任人员；确定保险公司；确定保险金额、保险 费及其他保险条款；签署相关法律文件及处理与投保相关的其他事项）以及在今 后董监高责任险保险合同期满时或之前办理与续保或者重新投保等相关事宜。 根据《公司章程》及相关法律法规的规定，公司全体董事作为关联方回避表 决，并将该议案提请公司2024年年度股东大会审议。 聚灿光电科技股份有限公司 关于公司为董监高购买责任险的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 聚灿光电科技股份有限公司（以下简称"公司"）拟为全体董事、监事及高级 管理人员购买责任保险。公司第四届董事会第五次会议审议通过了《关于公司为 董监高购买责任险的议案》。现将具体情况公告如下： 1、投保人：聚灿光电科技股份有限公司 2、被保险人：本公司及全体董事、监事、高级管理人员 3 ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook for its stock performance relative to market benchmarks [5][12]. Core Insights - The company forecasts a significant increase in net profit for 2024, with an expected growth of 60.95% to 77.46%, translating to a net profit of 195 to 215 million yuan. The non-recurring net profit is projected to grow by 52.18% to 68.63%, reaching 185 to 205 million yuan [2][4]. - The recovery in demand from commercial activities, cultural tourism, large-scale performances, and sports events is driving the company's strong performance. The company is effectively leveraging its production capacity and accurately targeting market needs, particularly in high-end products such as high-efficiency lighting and automotive lighting [2][3]. - The Mini LED market is anticipated to experience substantial growth, with a compound annual growth rate (CAGR) of 84% from 2023 to 2028. The company is developing Mini/Micro LED chips aimed at various applications, including automotive displays and VR headsets [3][4]. Financial Projections - The company is expected to achieve revenues of 2,908.64 million yuan in 2024, with a growth rate of 17.24%. By 2026, revenues are projected to reach 3,954.24 million yuan, with a growth rate of 17.44% [12]. - The forecasted earnings per share (EPS) for 2024, 2025, and 2026 are 0.32 yuan, 0.40 yuan, and 0.52 yuan, respectively [4][12]. - The company has initiated a project to produce 2.4 million red and yellow light epitaxial wafers and chips annually, which is expected to generate over 600 million yuan in annual revenue and over 100 million yuan in profit once fully operational [4][12].

Investment Rating - Buy-A (Maintained) [1] Core Views - Full-year performance exceeded expectations, driven by strong demand recovery in commercial performances, cultural tourism, and other sectors, leading to a significant increase in both net profit and non-GAAP net profit [4] - The company's high-end products, such as high-efficiency lighting, automotive lighting, and backlighting, experienced robust production and sales, with high capacity utilization and production rates [4] - The successful commissioning of the fundraising project, which focuses on red and yellow LED chips, has significantly enhanced the company's competitiveness and expanded its product range into the display market [4] - The company has transitioned from high-quality lighting and backlight products to advanced display products, achieving full coverage in lighting, backlighting, and display applications [5] - The red and yellow LED chips, which are technically challenging, are expected to drive higher sales prices and contribute to the company's overall performance growth [5] Market Data and Financial Performance - Closing price on January 16, 2025: 13.91 yuan [3] - Market capitalization: 9.406 billion yuan [3] - Estimated net profit for 2024: 195-215 million yuan, a year-on-year increase of 60.95%-77.46% [3] - The fundraising project, with an annual production capacity of 2.4 million red and yellow LED chips, is expected to generate over 600 million yuan in annual revenue and over 100 million yuan in annual profit [3] - EPS for 2024-2026 is projected to be 0.31, 0.39, and 0.50 yuan, respectively, with corresponding P/E ratios of 42.9, 34.0, and 26.1 [6] Financial Projections - Revenue for 2024-2026 is expected to be 2.821 billion, 3.307 billion, and 4.026 billion yuan, respectively, with year-on-year growth rates of 13.7%, 17.2%, and 21.7% [9] - Net profit for 2024-2026 is projected to be 207 million, 261 million, and 340 million yuan, respectively, with year-on-year growth rates of 70.6%, 26.2%, and 30.3% [9] - Gross margin is expected to increase from 14.1% in 2024 to 15.4% in 2026 [9] - ROE is projected to rise from 6.8% in 2024 to 10.0% in 2026 [9] Strategic Development - The company has successfully transitioned into a full-color LED chip supplier, covering lighting, backlighting, and display applications, which is expected to drive sustained growth in performance [5] - The red and yellow LED chips will complement the existing blue and green LED chips, enhancing the company's competitive advantage in the rapidly growing Mini/MicroLED display market [4] - The company's strategic shift towards advanced display products is expected to further consolidate its market position and expand its market share [5]

证券代码：300708 证券简称：聚灿光电 公告编号：2025-003 聚灿光电科技股份有限公司 关于收到 2024 年年度利润分配提议函的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 1、利润分配预案的具体内容 提议人：公司实际控制人、控股股东、董事长兼总经理潘华荣先生 提议理由：基于公司 2024 年年度的经营和盈利情况，以及对公司未来发展的 良好预期，在符合利润分配原则、保证公司正常经营和长远发展的前提下，对 公司 2024 年年度利润分配预案作出提议。 | | 送红股（股） 派息（元） 公积金转增股本（股） | | | | | | --- | --- | --- | --- | --- | --- | | 每十股 | 0 1.6 0 以公司实施利润分配方案时股权登记日的总股本剔除已回 | | | | | | | 购股份为基数，向全体股东每 股派发现金股利 （含税），送红股 股（含税），以资本公积金向全体股东每 转增 0 股。 | 0 | 10 | 1.6 | 元人民币 股 10 | | | 若在利润分配方案实施前公司总股本由于可转债转股、股份 ...

Investment Rating - The report maintains an "Accumulate" rating for the company [7][8]. Core Insights - The company has demonstrated robust operational efficiency, with a compound annual growth rate (CAGR) of 21.38% in revenue from 2019 to 2023. In the first three quarters of 2024, the company achieved a revenue of 2.022 billion yuan, a year-on-year increase of 10.61%, and a net profit attributable to shareholders of 160 million yuan, up 107.02% year-on-year [3][8]. - The recovery in downstream demand for LED products, driven by commercial activities and events, has led to a stable sales scale and high capacity utilization rates, consistently above 97% from 2019 to 2023 [7][8]. - The company is expanding its product offerings in red and yellow light LED chips and is advancing its Mini/Micro LED projects, with a total investment of 276 million yuan in these initiatives by the end of Q3 2024 [20][8]. Financial Forecasts and Valuation - The company is expected to generate revenues of 2.88 billion yuan in 2024, 3.30 billion yuan in 2025, and 3.89 billion yuan in 2026, with corresponding net profits of 210 million yuan, 240 million yuan, and 290 million yuan respectively [8][23]. - The projected P/E ratios for 2024, 2025, and 2026 are 40.57, 35.79, and 29.13 respectively, indicating a favorable valuation trend as earnings grow [8][23].

本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、关于监事辞职的情况 聚灿光电科技股份有限公司（以下简称"公司"）监事会于近日收到监事王军 辉先生的书面辞呈。王军辉先生因个人原因，申请辞去第四届监事会监事职务， 其原定任期至第四届监事会届满即 2027 年 5 月 8 日止，辞职生效后不再担任公 司任何职务。 证券代码：300708 证券简称：聚灿光电 公告编号：2024-087 聚灿光电科技股份有限公司 关于监事辞职暨选举职工代表监事的公告 截至本公告披露日，陈静女士未持有公司股份，尚有参与公司 2022 年限制 性股票激励计划被授予的 0.9 万股第二类限制性股票未归属，后续公司将按照第 二类限制性股票的相关法律、法规办理。除此之外，陈静女士与持有公司 5%以 上股份的股东、其他董事、监事和高级管理人员不存在关联关系，不存在《公司 章程》《公司法》及中国证监会规定不得担任公司监事的情形，未受过中国证监 会及其他有关部门的处罚和证券交易所惩戒，不是失信被执行人。 特此公告。 聚灿光电科技股份有限公司 监事会 二〇二四年十二月十七日 截至本公告披露日，王军辉 ...

证券代码：300708 证券简称：聚灿光电 公告编号：2024-086 聚灿光电科技股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 聚灿光电科技股份有限公司（以下简称"公司"）于 2024 年 8 月 19 日召开第四 届董事会第三次会议、第四届监事会第三次会议，审议通过了《关于使用部分闲置 募集资金进行现金管理的议案》，同意公司及子公司使用不超过 8.00 亿元的闲置募 集资金进行现金管理。该额度自公司董事会审议通过之日起一年内有效，在前述额 度和期限范围内资金可以滚动使用。公司及子公司按照相关规定严格控制风险，购 买安全性高、流动性好的保本型理财产品（包括但不限于结构性存款、协定存款（另 立账户归集类）、通知存款、定期存款、大额存单、收益凭证等）。具体内容详见公 司披露于巨潮资讯网的《关于使用部分闲置募集资金进行现金管理的公告》（公告编 号：2024-070）。 | 序 | 购买主体 | 签约单位 | 产品 | 产品类型 | 金额 | 产品 | 产品 | 年化 | | --- | --- | ...

中信证券股份有限公司 关于聚灿光电科技股份有限公司 2024年度持续督导培训情况的报告 深圳证券交易所： 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）根据《深圳 证券交易所上市公司自律监管指引第 13 号——保荐业务》对聚灿光电科技股份 有限公司（以下简称"聚灿光电"或"公司"）进行了 2024 年度持续督导培训， 报告如下： 一、本次持续督导培训的基本情况 （一）保荐人：中信证券股份有限公司 1 控制人、董事、监事、高级管理人员、中层以上管理人员等相关人员对相关法律 法规、信息披露要求的理解。 二、上市公司的配合情况 保荐人本次持续督导培训的工作过程中，公司积极予以配合，保证了培训工 作的有序进行，达到了良好效果。 （二）保荐代表人：林琳、张迪 （三）协办人：薛鼎革 （四）培训时间：2024 年 11 月 19 日 （五）培训地点：苏州工业园区月亮湾路 15 号中新大厦 32 楼聚灿光电会议 室（及视频会议系统） （六）培训人员：林琳、陈文 （七）培训对象：公司控股股东及实际控制人、董事、监事、高级管理人员、 中层以上管理人员等相关人员 （八）培训内容：本次培训结合《证券发行上市保荐业务管理办法 ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook for its stock performance relative to the market benchmark [3]. Core Insights - The company achieved a record high performance in Q3 2024, with total revenue reaching 2.022 billion yuan, a year-on-year increase of 10.61%. The net profit attributable to shareholders was 151 million yuan, reflecting a significant growth of 2408.97% year-on-year [1][2]. - The gross margin for Q3 2024 was 13.14%, an increase of 3.46 percentage points compared to the previous year, driven by improved product performance and operational efficiency [2]. - The company is actively expanding its production capacity, with ongoing projects funded by 276 million yuan raised, focusing on high-end products such as Mini/Micro LED chips [2][3]. Financial Performance Summary - For the first three quarters of 2024, the company reported a revenue of 2.022 billion yuan, a 10.61% increase year-on-year, and a net profit of 160 million yuan, up 107.02% year-on-year [2]. - The projected earnings per share (EPS) for 2024, 2025, and 2026 are 0.29 yuan, 0.33 yuan, and 0.41 yuan respectively, indicating a positive growth trajectory [3][6]. - The company’s cash flow from operating activities was 503 million yuan, a 59.20% increase compared to the same period in 2023 [2]. Market and Product Insights - The Mini/Micro LED market is expected to see significant growth, with a projected compound annual growth rate (CAGR) of 84% from 2023 to 2028, reaching a market value of 580 million USD by 2028 [2]. - The company is focusing on high-end applications in various sectors, including automotive and virtual reality, which are expected to drive demand for its products [2].

[Table_Summary] [Table_Title] 净利润大幅增长，精细化管理成效显著 [Table_ReportDate] 聚灿光电(300708)公司简评报告 | 2024.10.16 [Table_Rank] 评级： 买入 核心观点 [Table_Authors] 何立中 电子行业首席分析师 SAC 执证编号：S0110522110002 helizhong@sczq.com.cn 电话：010-81152682 [Table_Chart] 市场指数走势（最近 1 年） 资料来源：聚源数据 -0.4 -0.2 0 0.2 0.4 16-Oct 27-Dec 8-Mar19-May 30-Jul 10-Oct 聚灿光电 沪深300 | --- | --- | |---------------------------------|------------| | [Table_BaseData] 公司基本数据 | | | 最新收盘价（元） | 11.21 | | 一年内最高 / 最低价（元） | 13.75/7.34 | | 市盈率（当前） | 83.71 | | 市净率（当前） | 2.83 | | ...