证券代码：300708 证券简称：聚灿光电 公告编号：2025-084 聚灿光电科技股份有限公司 第四届董事会第十三次会议决议公告 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。 一、董事会会议召开情况 聚灿光电科技股份有限公司（以下简称"公司"）第四届董事会第十三次 会议（以下简称"会议"）通知于 2025 年 11 月 4 日送达全体董事，于 2025 年 11 月 10 日上午 9:00 以现场结合通讯表决的方式召开。本次会议应参加表决董 事 6 名，实际参加表决董事 6 名。本次会议由潘华荣先生召集并主持，相关程 序符合《中华人民共和国公司法》等有关法律、法规及《聚灿光电科技股份有 限公司章程》的有关规定，会议合法有效。 二、会议审议情况 1、审议通过了《关于修订〈公司章程〉的议案》 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和 国证券法》（以下简称"《证券法》"）、《关于新〈公司法〉配套制度规则实施 相关过渡期安排》《上市公司章程指引》《深圳证券交易所创业板股票上市规则》 （以下简称"《创业板股票上市规则》"）、《深圳证券交 ...

Group 1 - The core point of the article is that Juzan Optoelectronics (SZ 300708) held its 13th board meeting on November 10, 2025, to review the proposal for amending the company's articles of association [1] - For the year 2024, Juzan Optoelectronics' revenue composition is entirely from the LED optoelectronics industry, accounting for 100.0% [1] - As of the report date, Juzan Optoelectronics has a market capitalization of 8.7 billion yuan [1] Group 2 - The article also mentions the highlights from the China International Import Expo, including a high-priced wrench from Germany and Argentine beef for the Chinese market [1] - Additionally, Rwandan coffee beans have gained popularity [1]

Core Insights - The company is progressing steadily with the construction of the red-yellow light project, which is expected to commence operations in January 2025 [1] - The current monthly production has exceeded 50,000 units, with some processes achieving over 80,000 units [1] - The project aims for an annual production capacity of 2.4 million units, translating to a monthly target of 200,000 units [1] Production Capacity - The company is currently achieving a monthly production of over 50,000 units [1] - The goal is to reach a monthly production of 200,000 units, but no specific timeline for achieving this target has been provided [1]

Core Viewpoint - 聚灿光电 is a leading manufacturer of compound optoelectronic semiconductor materials in China, with significant investment value due to its technological and quality advantages Group 1: Business Performance - In Q3 2025, 聚灿光电 reported revenue of 2.499 billion yuan, ranking 12th in the industry, with the top competitor 三安光电 at 13.817 billion yuan [2] - The company's net profit for the same period was 173 million yuan, ranking 5th in the industry, with the leader 利亚德 at 295 million yuan [2] - Other business segments contributed 936 million yuan, accounting for 58.73% of total revenue, while LED chips and epitaxial wafers contributed 658 million yuan, accounting for 41.27% [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio was 46.26%, slightly up from 44.30% year-on-year, but lower than the industry average of 46.71% [3] - The gross profit margin for Q3 2025 was 13.36%, down from 14.10% year-on-year, and also below the industry average of 20.22% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 3.41% to 61,200, with an average holding of 11,600 circulating A-shares, up 31.46% [5] - The top ten circulating shareholders included 香港中央结算有限公司, which increased its holdings by 10.2563 million shares to 20.1348 million shares [5] Group 4: Business Highlights and Future Outlook - The company has seen production efficiency improvements in its nitrogen gallium blue-green light business, with steady output increases, and the arsenic gallium red-yellow light business contributing additional capacity [5][6] - High-end products in the blue-green light segment have strong sales, and the company is transitioning to a full-color chip supplier [5] - Revenue projections for 2025-2027 are 3.319 billion, 3.767 billion, and 4.373 billion yuan, with net profits of 300 million, 353 million, and 392 million yuan respectively [5][6]

Core Points - The 2025 "Mechanical Industry Science and Technology Award" has announced a total of 541 awarded projects, including 5 special awards, 49 first prizes, 232 second prizes, and 255 third prizes [2][5]. Award Categories - **Special Awards**: 5 projects recognized for outstanding contributions [2][5]. - **First Prizes**: 49 projects awarded for significant advancements in technology [2][5]. - **Second Prizes**: 232 projects acknowledged for their innovative approaches and applications [2][5]. - **Third Prizes**: 255 projects celebrated for their contributions to the mechanical industry [2][5]. Award List - The award list includes various projects across different categories, highlighting the achievements of numerous organizations and individuals involved in the mechanical engineering sector [3][5][20].

Core Insights - The company reported a revenue of 2.499 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 23.59% and a net profit attributable to shareholders of 173 million yuan, up 8.43% year-on-year [1] - The company achieved a record high in operational performance, with a gross margin of 13.36% and a net margin of 6.92%, although both margins saw slight declines compared to the previous year [1] - The third quarter alone saw revenues of 905 million yuan, a significant increase of 31.5% year-on-year, and a net profit of 56 million yuan, up 20.58% year-on-year [1] Revenue Growth - Significant capacity improvements have driven rapid revenue growth, particularly in high-end products such as MiniLED and automotive lighting, which have reached historical sales highs [2] - The red-yellow light project commenced production in January 2025, with monthly output exceeding 50,000 units, contributing to noticeable revenue increases [2] - The successful implementation of the red-yellow light project, combined with existing blue-green light chip advantages, has enabled the company to transition from a monochrome to a full-color chip supplier [2] Operational Efficiency - The company has focused on technological innovation and cost control, leading to improved operational performance [3] - Continuous optimization of talent and stable investment in research and development have accelerated breakthroughs in key performance indicators [3] - The reduction in raw material costs and the achievement of historical lows in manufacturing costs have positively impacted net profit and cash flow [3] Future Outlook - The gradual production of arsenic red-yellow light products is expected to significantly enhance revenue and profit from 2025 to 2027, with projected revenues of 3.319 billion, 3.767 billion, and 4.373 billion yuan, reflecting year-on-year growth rates of 20.27%, 13.51%, and 16.07% respectively [4] - The net profit attributable to shareholders is forecasted to reach 300 million, 353 million, and 392 million yuan over the same period, with substantial growth rates of 53.4%, 17.5%, and 11.2% [4] - The company's earnings per share (EPS) are projected to be 0.32, 0.38, and 0.42 yuan, corresponding to price-to-earnings ratios of 29.4, 25.0, and 22.5 times [4]

Core Viewpoint - The company, 聚灿光电, announced the release of share pledges by shareholder 潘华荣, involving 37,511,500 shares [2] Group 1 - The shareholder, 潘华荣, has completed the procedures for the release of share pledges [2] - The total number of shares released from pledge amounts to 37,511,500 [2]

证券代码：300708 证券简称：聚灿光电 公告编号：2025-083 聚灿光电科技股份有限公司 关于股东股份解除质押的公告 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"）近日接到股东潘华荣先生股 份解除质押的告知函，获悉其持有本公司的股份办理了解除质押的手续，具体情 况如下： 二、股东股份累计质押的基本情况 截至本公告日，潘华荣先生持有本公司股份 178,066,668 股，占本公司总股 本比例为 18.97%。本次股份解除质押后，潘华荣先生所持有的公司股份不存在 质押的情形。 三、备查文件 1、关于股份解除质押的告知函； 2、中国证券登记结算有限责任公司股份冻结明细。 股东 名称 是否为控股 股东或第一 大股东及其 一致行动人 本次解除 质押股份 数量（股） 占其所 持股份 比例 占公司总 股本比例 起始日 解除日期 质权人 潘华荣 是 37,511,500 21.07% 4.00% 2024-1-31 2025-10-23 国泰海通证 券股份有限 公司 合计 / 37,511,500 21.07% 4.00% ...

Core Viewpoint - The report from Dongxing Securities highlights that Jucan Optoelectronics achieved a net profit attributable to shareholders of 173 million yuan in the first three quarters of 2025, marking an 8.43% year-on-year increase, with both revenue and net profit reaching historical highs for the same period [1] Financial Performance - In Q3 2025, the net profit attributable to shareholders was 56 million yuan, reflecting a year-on-year growth of 20.58% [1] - The company's revenue and net profit levels for the first three quarters set historical records [1] Product and Market Insights - The growth is attributed to the company's keen market demand insights and precise marketing strategies, particularly in high-end products such as MiniLED, high-efficiency lighting, and automotive lighting, all of which saw robust sales [1] - The red and yellow light project is expected to commence production in January 2025, contributing significantly to revenue growth [1] Operational Efficiency - The company has achieved historical lows in manufacturing costs due to refined management practices, leading to improved operational efficiency [1] - The ongoing improvement in market supply and demand dynamics is expected to further enhance the company's business scale [1] Future Outlook - With the gradual release of capacity from the red and yellow light project and the collaborative sales of blue and green light products, the company is poised for further growth [1] - The company is projected to maintain a growth trajectory, with expected EPS of 0.29 yuan, 0.39 yuan, and 0.47 yuan for the years 2025 to 2027, respectively, maintaining a "recommended" rating [1]

Economic News - The State-owned Assets Supervision and Administration Commission held a meeting to discuss the "14th Five-Year Plan" for central enterprises, emphasizing the need to enhance core functions and competitiveness while optimizing layout and structure [2] - The Ministry of Commerce reported that the number of applications for the 2025 vehicle trade-in subsidy has exceeded 10 million, with new energy vehicles accounting for 57.2% of the trade-ins, leading to a 24.4% year-on-year increase in retail sales of new energy passenger vehicles [2] - The National Energy Administration announced that the total electricity consumption in September reached 888.6 billion kWh, a year-on-year increase of 4.5% [2] - The Ministry of Commerce confirmed that China and the U.S. will hold economic and trade consultations from October 24 to 27 in Malaysia [3] Company Insights - Jingwei Technology reported a revenue of 2.55 billion yuan for Q3 2025, a year-on-year increase of 107.21%, with a net profit of 353.19 million yuan, up 336.33% [4] - North Navigation achieved a revenue of 7.65 billion yuan in Q3, a year-on-year increase of 52.12%, with a net profit of 8.30 million yuan, up 1,681.27% [4] - The company "聚灿光电" reported a revenue of 2.499 billion yuan for the first three quarters of 2025, a year-on-year increase of 23.59%, with a net profit of 173 million yuan, up 8.43% [5][6] - The company is experiencing strong demand for its high-end products, particularly in MiniLED and automotive lighting, leading to historical highs in revenue and net profit [6][7] - The company is transitioning from a monochrome to a full-color chip supplier, enhancing its product matrix across key application areas [7] - The company is expected to maintain growth, with EPS projections of 0.29 yuan, 0.39 yuan, and 0.47 yuan for 2025-2027, maintaining a "recommend" rating [8] Industry Insights - The company "泡泡玛特" reported a revenue growth of 245%-250% in Q3 2025, with domestic revenue increasing by 185%-190% and overseas revenue by 365%-370% [10][11] - The domestic market saw a significant increase in both online and offline channels, with online sales growing by 300%-305% [10] - The overseas market, particularly in Europe and the Americas, is experiencing explosive growth, with revenue increases of 735%-740% and 1265%-1270% respectively [11] - The company is expected to continue its rapid growth trajectory, with projections for net profits of 13.87 billion, 19.06 billion, and 24.54 billion yuan from 2025 to 2027, maintaining a "recommend" rating [12]