Ledman(SZ:300162) Zheng Quan Ri Bao Zhi Sheng·2025-10-28 13:42Core Insights - The LED display industry is transitioning from "large pitch" to "micro pitch" technology, with significant sales growth in small pitch products, particularly in the P1.1-1.4mm range, which saw a year-on-year increase of 34.7% [1] - Shenzhen Lehman Optoelectronics has achieved mass production of P0.47mm products, positioning itself as a leader in the ultra-high-definition micro pitch market [1] Group 1: Market Trends - The sales of small pitch LED products have successfully surpassed the P1.0mm technical threshold, moving towards P0.9mm and smaller, marking the entry into the micro pitch era [1] - The demand for ultra-high-definition displays is driving the industry to accelerate micro pitch research and development, as achieving 4K and 8K resolutions requires increasingly smaller pixel pitches [1] Group 2: Technological Innovations - Lehman Optoelectronics has introduced the "HD King Cold Screen Master" (P0.9mm), which sets a new energy efficiency benchmark through three core technological innovations: AI low-power display technology, ultra-precise pressure control technology, and bottom black lossless direct display technology [2] - The HD King series products consume only half the power of traditional products, significantly reducing heat generation and extending equipment lifespan, making them a representative of green display technology [2] Group 3: User Experience Enhancements - The HD King Cold Screen Master (P0.9mm) enhances user comfort through improvements in refresh rate, spectrum, and optical structure, including a 7680Hz refresh rate that reduces visual fatigue and a blue light chip wavelength controlled to avoid harmful short wavelengths [3] - The product's optical design minimizes environmental light reflection by over 80%, improving viewing experience in bright conditions [3] Group 4: Interactive Capabilities - The micro pitch technology enables a shift from "one-way information output" to "two-way intelligent interaction," with the HD King Cold Screen Master integrating high-precision infrared touch and AI control technologies [4] - These innovations allow for simultaneous multi-touch and gesture control, enhancing interaction efficiency in various applications such as command and dispatch, teaching, and business meetings [4] Group 5: Market Outlook - The continuous decline in costs driven by technological iteration and mass production is expected to lead to the widespread adoption of LED micro pitch products by 2026, creating a new market worth hundreds of billions [4] - Lehman Optoelectronics is positioned to leverage its product offerings and cost control capabilities to gain a first-mover advantage in this expanding market, potentially leading the LED display industry into a new development cycle [4]