深天马A市值管理持续推进，2025年业绩扭亏为盈

Core Viewpoint - Deep Tianma A is actively managing its market value through a valuation enhancement plan and share buyback, with a commitment from the controlling shareholder not to reduce holdings. The company forecasts a net profit of 150 million to 180 million yuan for 2025, indicating a turnaround, with revenue expected to exceed 36 billion yuan [1][3]. Group 1: Market Value Management - The company has launched a valuation enhancement plan and implemented a share buyback scheme, emphasizing the importance of market value management [2]. - The controlling shareholder has committed to not reducing their shareholdings, which is expected to bolster market confidence [2]. - The company plans to continue these measures into 2026, focusing on improving operational standards, enhancing disclosure quality, and strengthening investor communication [2]. Group 2: Recent Performance - The company announced a profit forecast for 2025, expecting a net profit between 150 million and 180 million yuan, marking a return to profitability, with revenues projected to surpass 36 billion yuan [3]. - Investors are encouraged to monitor the upcoming annual report for 2025 and the company's outlook for 2026 [3]. Group 3: Business Development - Deep Tianma A maintains a leading position in global shipments in the automotive display sector, with sales in this segment growing approximately 24% year-on-year in the first three quarters of 2025 [4]. - The company acknowledges that intense market competition and pricing pressures may temporarily affect gross margins [4]. - Future growth areas include automotive electronics, new energy vehicle displays, and diversification in flexible AMOLED business for mid-size and wearable applications [4]. Group 4: Stock Performance - In early February 2026, the company's stock price experienced a consecutive decline, with significant holdings from funds such as Guotou Ruijin and CICC [5]. - The company may respond to market changes through investor communication or business developments, which could influence short-term market sentiment [5]. Group 5: Project Progress - The company is steadily advancing new projects and expanding into non-display business areas, such as Micro-LED and VR display technologies [6]. - These long-term initiatives are expected to contribute to business growth in the future, although attention should be paid to industry demand fluctuations and cost control effectiveness [6].