Leyard(SZ:300296) Xin Lang Cai Jing·2026-01-22 10:59Core Viewpoint - Liard (300296.SZ) expects a net profit attributable to shareholders of 300 million to 380 million yuan for 2025, marking a turnaround from losses, with a net profit excluding non-recurring gains and losses projected at 220 million to 300 million yuan, also indicating a return to profitability [1] Group 1: Financial Performance - The company achieved a net profit attributable to shareholders in the range of 300 million to 380 million yuan during the reporting period [1] - The expected net profit for 2025 represents a significant improvement compared to previous losses, indicating a successful shift in strategy [1] Group 2: Strategic Initiatives - The company has shifted its operational strategy from "scale expansion" to "value creation," focusing on high-quality development with profitability as the primary goal, resulting in improved project quality [1] - The execution of the "going global" strategy has been strengthened, with efforts in market expansion and internal management, leading to overseas display business growth despite international uncertainties [1] Group 3: Product Development - The promotion of MicroLED technology in both domestic and international markets, particularly in North America, has seen significant order growth, contributing positively to performance improvement [1] Group 4: Operational Efficiency - The company is advancing a comprehensive digital management transformation that covers core areas such as production, sales, supply chain, service, and internal management, leading to enhanced operational efficiency and cost optimization [1]