Leyard(SZ:300296) Shang Hai Zheng Quan Bao·2025-10-14 18:30Core Viewpoint - The company aims to leverage its strengths in LED display technology, AI, and cultural tourism to create a synergistic development ecosystem for future growth [2][3]. Group 1: Company Strategy and Development - The company has anchored its strategy around three core areas: display technology, cultural tourism, and AI with spatial computing [2]. - Over the past thirty years, the company has maintained an "innovation-driven development" strategy, focusing on technological research and development as the core engine for growth [2][3]. - The company has cultivated over 30 billionaires and hundreds of millionaires, demonstrating its commitment to shared prosperity [3]. Group 2: Financial Performance - In the first half of the year, the company's smart display business generated revenue of 3.07 billion yuan, accounting for 87.45% of total business revenue [3]. - The Micro LED technology has driven new orders exceeding 600 million yuan, representing a year-on-year growth of over 40% [3]. - The overseas market achieved revenue of 1.536 billion yuan, a year-on-year increase of 19%, marking the first time it surpassed domestic revenue [3]. Group 3: Market Potential and Innovation - The LED industry has significant growth potential, with the company identifying opportunities in replacing traditional projection systems and LCD walls [4]. - The company views AI as a core engine for its second growth curve, having already achieved profitability in its AI ventures [5]. - The integration of AI with LED technology is expected to enhance efficiency in various applications, including content creation for immersive experiences [5][6]. Group 4: Cultural Tourism Initiatives - The company sees the cultural tourism market as a strategic opportunity, aiming to leverage its technological expertise and cultural operation experience [6][7]. - The focus is on projects with stable foot traffic and financial backing, emphasizing local culture and technology integration to avoid uniformity in offerings [7]. - The company plans to establish regional headquarters to ensure ongoing project management and local team involvement, enhancing the appeal of each project as a "city brand" [7].