格隆汇5月27日丨招商局中国基金(00133.HK)发布公告，公司的全资附属公司—深圳市天正投资有限公 司("天正")签订了日期为2025年3月31日并关于上海显耀显示科技有限公司(简称"JBD")的增资协议及其 它相关协议，据此，天正同意向JBD出资3000万元人民币参与其此次B轮融资。天正于近期完成了3000 万元人民币的出资。 JBD成立于2015年10月，是一家微型发光二极管(MicroLED)研发和制造公司，专注于开发MicroLED微 显示技术，在中国内地合肥、上海设有研发部门和工厂。 JBD成立以来专注于开发MicroLED微显示技术，是目前全球率先实现量产出货并应用于增强现实(AR) 眼镜的MicroLED微显示芯片和光机公司，其产品拥有业界领先的高亮度、低功耗、小体积的特点，技 术领先性得到海内外头部客户认可。公司认为消费级AR产品需求在未来具有较高的确定性，MicroLED 作为AR眼镜轻量化的显示解决方案，会有较高的成长性。JBD的创始团队出身光电材料和光电器件研 发，自2015年以来深耕MicroLED微显示技术获得了深厚的技术储备，具备先发优势。公司期待随着其 产品的持续迭代和下游A ...

台积电将生产基于MicroLED的光通信互连产品 金十数据5月27日讯，台积电宣布，将与美国初创公司Avicena合作，生产基于MicroLED的互连产品。 该技术用光通信替代电连接，以低成本、高能效的方式满足越来越多的GPU之间的高通信需求。 ...

随着汽车产品向智能化信息化交互化发展，汽车照明系统也向交互化数字显示方向进步，具体应用包括 HUD、数字大灯、迎宾灯和倒车灯等。数字光芯与下游头部客户共同开发了061数字大灯芯片，目前已 向下游10余家客户销售。 同时数字光芯正在开发动态迎宾灯、HUD、倒车灯等产品。 随着MicroLED技术快速进步，下游应用市场逐步进入高成长阶段。根据MicroLED行业协会的最新报 告，MicroLED将在未来几年首先出现在可穿戴设备、XR头显以及车载应用中。AR领域是Micro LED最 早实现产业化量产领域，数字光芯针对AR领域已推出0.12英寸480P Micro LED驱动解决方案，并被下 游Micro LED封装全行业客户采纳。2024年部分客户已实现产业化量产。产品成熟度最高，销售转化速 度最快。 同时，数字光芯正在进行低成本和高性能AR芯片开发，形成面向AR领域的全分辨率硅基显示驱动产品 矩阵。数字光芯AR系列产品在设计之初也兼容设计单片全彩方案，因此数字光芯也是目前全球Micro LED单片全彩量产驱动方案的领跑者。 投资界5月23日消息，数字光芯于近日完成数千万人民币A+轮融资，由广东横琴深合产业投资领 ...

| 投资者关系活动 | 特定对象调研 分析师会议  | | --- | --- | | |  媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | 其他（ 现场调研 ）  | | 参与单位名称及人 | 钟智铧 长江证券 | | 员姓名 | 祁善斌 国寿安保基金 | | | （以上排名不分先后） | | 时间 | 2025年5月16日 | | 地点 | 合肥市方兴大道6988号芯瑞达科技园 | | 上市公司 | | | 接待人员姓名 | 董事会秘书兼财务总监：唐先胜 | | 投资者关系活动主 | 问题1、MiniLED背光模组的电视市场现状及预计，毛利率与传统 | | 要内容介绍 | 模组的关系，主要客户分布，平均单价，客户降本的影响，下游产品 | | | 的成本占比，全球份额，当前的竞争格局与趋势，行业季节性。国补 | | | 政策对显示行业发展有哪些影响 | | | 回答： | | | 据行业研究数据，2024年Mini LED电视出货量820万台，渗透率 | | | 3.8%；2025年预计出货1156万台，同比有5成左右的高增长。一般来说， | ...

Core Insights - Smartkem is presenting advancements in organic thin-film transistor technology aimed at revolutionizing MicroLED displays [1] - The company is introducing the MiP4, a new package of MicroLEDs designed to enhance brightness and reduce production costs [3] - Smartkem's low temperature process for manufacturing liquid transistors is expected to improve yield and reduce defects in MicroLED displays [4] Company Overview - Smartkem develops a new class of transistors using proprietary advanced semiconductor materials, applicable in MicroLED, LCD, AMOLED displays, and AI chip packaging [2] - The company has a significant intellectual property portfolio with 138 granted patents and 16 pending patents [6] Product Innovations - The MiP4 is designed to replace MiniLED packages, offering higher brightness at lower power and compatibility with existing manufacturing equipment [3] - Smartkem's manufacturing process allows for direct application of liquid transistors onto MicroLEDs, enhancing commercial viability across various sectors [4] Research and Development - Smartkem operates R&D facilities in Manchester, UK, and provides prototyping services in Sedgefield, UK [5] - The company is developing commercial-scale production processes and Electronic Design Automation tools to validate its display technologies [5]

证券代码：002983 证券简称：芯瑞达 安徽芯瑞达科技股份有限公司 芯瑞达 2024 年度业绩说明会 投资者活动记录表 编号：2025-004 投资者关系活动类 别 □特定对象调研 □分析师会议 □媒体采访 √业绩说明会 □新闻发布会 □路演活动 □现场参观 □电话会议 □其他： （请文字说明其他活动内容） 参与单位名称 及人员姓名 芯瑞达2024年度业绩说明会采用网络远程方式进行，面向全体投 资者 时间 2025 年 5 月 6 日 15:00-17:00 地点 深圳证券交易所"互动易平台"http://irm.cninfo.com.cn"云访谈" 栏目 公司接待人员 姓名 主持人：芯瑞达 董事长：彭友 董秘, 财务总监：唐先胜 独立董事：吕国强 保荐代表人：彭江应 投资者关系活动 主要内容介绍 1.公司本期盈利水平如何？ 答：感谢您对芯瑞达的关注。 2024 年度，公司综合销售毛利率 20.47%，净利率 10.06%。2 025 年一季度，综合销售毛利率为 25.15%，净利率为 18.07%。今 年一季度盈利水平提升明显。2024 年，公司传统显示终端业务受 海外市场竞争加剧、新产品布局进度慢于预期 ...

Financial Data and Key Metrics Changes - The company generated $88 million in revenue and $57 million in cash from operations for Q1 2025, aligning with expectations [5] - The full year 2025 revenue outlook remains unchanged, with over 80% supported by contracted revenue [6] - Adjusted EBITDA for Q1 was $47.3 million, reflecting an adjusted EBITDA margin of 54% [20] - The company ended Q1 with $116.5 million in cash, cash equivalents, and marketable securities [21] Business Line Data and Key Metrics Changes - Recurring revenue for Q1 2025 increased modestly year over year, with non-pay TV parts of the business seeing a 25% increase [7][8] - The company signed 10 license agreements in Q1, including four with new customers in key growth areas such as social media, OTT, and semiconductors [8][9] - Renewals accounted for six agreements in Q1, maintaining a strong track record of over 90% renewal rates [12] Market Data and Key Metrics Changes - The company is focusing on growth in OTT, semiconductors, and adjacent media markets, with significant opportunities in the OTT sector due to its growing subscriber base [10] - The semiconductor market is seeing increased adoption of hybrid bonding, which is driving new deal flow [11] Company Strategy and Development Direction - The company emphasizes a balanced capital allocation strategy, focusing on growth through strategic acquisitions while maintaining a strong cash position [5][16] - The strategy includes expanding and diversifying patent portfolios to meet evolving market needs, with a focus on organic growth through R&D [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business model despite macroeconomic volatility, with visibility into revenue supported by long-term contracts [6] - The company is monitoring the broader macroeconomic environment and remains prudent in spending, anticipating potential impacts on future performance [25] Other Important Information - The company acquired two IP portfolios for $5 million, enhancing its media and semiconductor capabilities [15][22] - A new board member, Sandeep Vizh, was nominated to replace retiring board member Raghu Rao, bringing extensive expertise in technology and semiconductors [17] Q&A Session Summary Question: Potential for new sports league deals - Management is optimistic about the new deal with a U.S. Professional Sports League, viewing it as a potential breakthrough for future agreements [30][31] Question: Opportunities in sports betting - Management is exploring the sports gambling market as an adjacent opportunity, though it is considered a longer-term prospect [33] Question: Licensing status of acquired portfolios - The acquired micro LED and imaging portfolios do not currently have existing licenses attached, but management sees significant potential for future revenue [35] Question: Semiconductor announcement context - The recent semiconductor deal is not the large opportunity anticipated from the previous year, but it reflects ongoing progress in hybrid bonding adoption [40] Question: OTT market opportunities - The majority of OTT opportunities are domestic, with ongoing litigation affecting some potential deals, but international opportunities are also being pursued [41] Question: Social media market potential - The company has licensed approximately 90% of the social media market, with opportunities primarily in renewals rather than new deals [43]

近期联建光电（300269）发布2024年年报，证券之星财报模型分析如下： 经营概况 联建光电发布的2024年年报显示，公司营业总收入为6.65亿元，同比下降32.14%；归母净利润为634.03 万元，同比下降25.04%；扣非净利润为-1214.98万元，同比上升42.05%。尽管全年业绩有所下滑，但第 四季度表现亮眼，营业总收入为1.96亿元，同比下降20.64%，归母净利润为1323.04万元，同比上升 138.41%，扣非净利润为99.98万元，同比上升102.58%。 盈利能力分析 主营业务构成 公司主营业务收入主要来自数字设备，收入为6.57亿元，占总收入的98.74%，毛利率为29.33%。出口业 务占比较高，达到54.38%，收入为3.62亿元。国内各区域市场中，华东地区贡献最大，收入为1.11亿 元，占16.69%。 行业环境与未来展望 联建光电的盈利能力在2024年有所回升，毛利率为29.11%，同比增加3.4%，净利率为0.95%，同比增加 43.52%。这表明公司在成本控制和产品定价方面取得了一定成效。然而，每股收益为0.01元，同比下降 50.0%，显示出公司盈利能力仍面临一定压力 ...

Chairman and CEO Ian Jenks to Give Presentation on May 14th at the SID Business Conference MANCHESTER, England, April 14, 2025 /PRNewswire/ -- Smartkem (NASDAQ: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, announced it will exhibit and its CEO will give a presentation at Display Week 2025 taking place at the San Jose McEnery Convention Center on May 11th – 16th, 2025. Attendees are invited to visit with company representatives during the event at Sma ...