解码艾比森2024年社会责任报告：科技向善锻造至真品质，构建LED显示行业长期发展新范式

Core Viewpoint - Absen demonstrates resilience as a leading global provider of LED display applications and services, achieving steady growth despite market challenges, with overseas markets maintaining double-digit growth for three consecutive years [2][3]. Financial Performance - In 2024, Absen's overseas market revenue reached 2.931 billion yuan, reflecting a year-on-year growth of 13.78% [6]. - The company reported total revenue exceeding 3.6 billion yuan in 2024 [21]. Technological Innovation - Absen focuses on cutting-edge technologies, achieving significant advancements in Micro LED and ultra-high-definition display technologies, while also addressing industry challenges such as fire and water resistance [4][5]. - The company has invested 1.25 billion yuan, 1.67 billion yuan, and 1.70 billion yuan in R&D from 2022 to 2024, representing 4.46%, 4.17%, and 4.63% of revenue respectively [10]. - As of 2024, Absen has applied for 900 patents, including 265 invention patents, establishing a strong intellectual property barrier [11]. Market Trends - The global outdoor LED display market is projected to reach 25.84 billion USD by 2031, with a compound annual growth rate of 11.1% from 2024 to 2031 [12]. - Absen's products are designed to meet increasing energy efficiency standards, positioning the company favorably in international markets [14]. Sustainability and ESG Practices - Absen integrates green and low-carbon principles into its operations, achieving "national-level green factory" certification in 2024 [14]. - The company has implemented a zero-carbon closed-loop system from product to supply chain, significantly reducing waste and emissions [14]. - Absen's outdoor LED display products, such as the A25 series, are designed to consume less than 1 kWh per square meter daily, achieving over 50% energy savings compared to traditional LED screens [13]. Corporate Governance and Social Responsibility - Absen emphasizes long-term value creation, maintaining a high dividend payout ratio of 65.28% since its IPO in 2014, with cumulative dividends of 999.3 million yuan [19]. - The company actively engages in public service initiatives, supporting education and welfare in underprivileged areas [21]. - Absen's commitment to corporate social responsibility reflects a shift in the manufacturing industry towards "standard output" and "responsibility output" in the global value chain [21].