Core Viewpoint - The company, Leyard, has transformed from a small LED display manufacturer in 1995 to a multinational technology group with a market value of several hundred billion by 2025, announcing a new strategy focused on "Display + Cultural Tourism + AI and Spatial Computing" during its 30th anniversary celebration [1][8]. Group 1: Business Transformation - Leyard's chairman, Li Jun, emphasized that innovation has been the core driver of the company's growth, successfully capturing the high-end display market globally [3]. - The company's overseas revenue has surpassed domestic revenue for the first time, with its North American brand, PLANAR, achieving historic order performance in 2025 [3]. - Leyard introduced the Hi-Micro technology, a substrate-free Micro LED technology that significantly enhances display performance while reducing costs and improving yield, paving the way for large-scale applications [3]. Group 2: Cultural Tourism as a Growth Driver - Leyard views cultural tourism as its second growth curve, aiming to become a leading global comprehensive service provider in this sector [6]. - The cultural tourism market is substantial, with the night economy reaching 1.9 trillion and the entertainment market around 80 billion, indicating significant growth potential [6]. - The company has adopted a "2+4+1" strategic framework to enhance business models and increase customer retention and engagement [6]. Group 3: AI Integration - Leyard has committed to fully embracing AI to drive its second growth curve, integrating AI into its main business areas, including content creation and holographic generation in the display sector [7]. - The company has made significant advancements in AI technology, with robots now serving as guides and interpreters in cultural tourism settings [7]. - Leyard's acquisition of American company OptiTrack has positioned it to profit from AI-related business ventures [7]. Group 4: Strategic Vision - Leyard's strategy has evolved from being a single display manufacturer to an ecosystem-oriented enterprise focusing on "Display + Cultural Tourism + AI and Spatial Computing" [8]. - The company aims to collaborate with partners to create a new blueprint for audiovisual technology, reflecting a significant shift in its operational mindset [9].

证券日报网讯 利亚德9月12日在互动平台回答投资者提问时表示，截至2025年6月30日，公司AI与空间 计算板块已获得50余项授权专利，建立了坚实的技术壁垒。若涉及重大事项，公司将严格依照法律法 规，及时、透明地履行信息披露义务。 （编辑 袁冠琳） ...

Group 1 - The core business of the company revolves around the research, production, sales, and application promotion of LED display technology, while also expanding into peripheral businesses including AI, spatial computing, and cultural tourism [2] - In the first half of the year, the company achieved operating revenue of 3.51 billion yuan, a year-on-year decrease of 3.33%, and a net profit attributable to shareholders of 172 million yuan, a year-on-year increase of 34.03% [2] - The company's overseas display revenue accounted for 50.03% of the overall smart display segment, indicating a significant increase in international market presence [2] Group 2 - The AI and spatial computing segment focuses on high-precision, high-performance hardware and software solutions, with the launch of the Versa series motion capture cameras that can operate in complex outdoor environments [3] - The cultural tourism segment leverages multimedia technologies and interactive solutions to provide comprehensive "cultural and technological integration" solutions for cities and tourist projects, enhancing immersive and interactive experiences [4] - The establishment of a "Cultural Tourism Beijing Headquarters" aims to strengthen the company's market expansion and resource coordination in northern regions, enhancing project management capabilities and market responsiveness [4]

Core Viewpoint - The company, Liard, has developed its AI and spatial computing business segment from its original virtual reality operations, focusing on optical motion capture technology and providing comprehensive solutions in AI and spatial computing [1] Group 1: Business Overview - The AI and spatial computing business is centered around leading optical motion capture technology, which includes the research, production, and sales of motion capture products [1] - The business segment operates domestically under Beijing Virtual Motion Point and internationally through Natural Point in North America [1] Group 2: Technological Capabilities - The company has accumulated several core algorithm technologies, including OptiTrack optical positioning computation, markerless recognition computation, optical and markerless fusion algorithms, and the LYDIA motion model [1] - In the field of embodied intelligence, Virtual Motion Point possesses capabilities in data, services, algorithms, and hardware [1] Group 3: Market Applications - The company has provided various data and training services, such as data collection, simulation training, and remote operation training, to multiple robotics manufacturers [1]

证券日报网讯利亚德8月25日在互动平台回答投资者提问时表示，美国Natural Point（NP）公司和北京 虚拟动点是公司AI与空间计算板块的两家独立的全资子公司，两家公司业绩均在合并报表范围内。NP 公司以境外业务为主，虚拟动点以境内业务为主。公司根据相关法律法规履行信披义务。 （文章来源：证券日报） ...

格隆汇8月25日丨利亚德(300296.SZ)在互动平台表示，公司在AI与空间计算领域，沉淀了业内领先的动 作数据库，持续为机器人合作伙伴提供高质量的优质动作数据，并通过数据开发与动作训练，为机器人 厂商提供覆盖数据采集、数据处理等在内的数据服务，以及包括端到端的动作数据开发训练、一键重定 向调试、模拟仿真、遥操作等在内的机器人训练服务。关于相关政策进展，公司将保持密切关注，待条 件成熟时及时推进相关评估与申报工作。 ...

本文源自：金融界 金融界8月25日消息，有投资者在互动平台向利亚德提问："这几年，虚拟动点的国内营收和利润，以及 虚拟动点对应的美国公司，他的国外营收和利润并表吗，披露的信息里只看到了对海外业务的一个描 述，并无详细数据。" 针对上述提问，利亚德回应称："您好！美国Natural Point（NP）公司和北京虚拟动点是公司AI与空间 计算板块的两家独立的全资子公司，两家公司业绩均在合并报表范围内。NP公司以境外业务为主，虚 拟动点以境内业务为主。公司根据相关法律法规履行信披义务。" 作者：公告君 ...

Business Overview - The company has three main business segments, with the LED smart display segment accounting for over 85% of revenue [2] - The cultural tourism night tour segment previously contributed nearly 30% to revenue but has decreased to less than 10% since 2018 due to policy adjustments [2] - The virtual reality segment, established after acquiring NP in 2017, has maintained a leading position in optical motion capture technology [2] Revenue Distribution - As of 2024, overseas display business accounts for 45.64% of the LED smart display segment, aligning with the company's goal of balanced domestic and international development [2] - The Asia, Africa, and Latin America markets have seen a revenue increase of nearly 40%, with their contribution to overseas smart display revenue rising to 34% in 2024 [3] Sales Strategy - The company employs a dual sales model: direct sales with a team of approximately 300-400 people and channel sales through partners [2] - A "direct-channel integration" strategy has been adopted to enhance market penetration and customer engagement [2] AI and Spatial Computing Segment - The AI and spatial computing segment focuses on optical motion capture technology, with applications in various fields including film, gaming, and industrial inspection [4][5] - The company has developed multiple advanced technologies, including Lydia motion model and LydCap markerless motion capture [6] Future Plans - The company aims to enhance its product offerings, including Hi-Micro and quantum dot technologies, and expand its rental and outdoor screen product lines [12] - Plans for increased system integration and a shift towards becoming a comprehensive service provider for display product applications are underway [12] - The company is also venturing into the consumer market with AI+AR glasses and AI toys, with mass production planning in progress [12]

Group 1: Company Overview and Technology - The company has a subsidiary, Natural Point (NP), which provides advanced motion capture systems, including the OptiTrack product, widely used in various fields such as VR gaming and biomechanics [1] - The company offers services in data development, robot training, spatial perception algorithms, and hardware solutions for robotics [2] Group 2: Sales and Market Strategy - The company employs a direct sales model and a channel sales model, with the latter being more prominent in overseas markets [3] - The company has established a global strategy, with increasing overseas revenue, particularly in the Americas and Asia-Pacific regions [4][5] Group 3: Market Expansion and Performance - The company has seen a significant increase in overseas revenue, with the Asia-Pacific region projected to account for 34% of overseas smart display revenue in 2024, reflecting a nearly 40% year-on-year growth [5] - The company has made strategic acquisitions and partnerships, such as the joint venture with Huaxia Film Group to enhance its presence in the cinema market [7] Group 4: Product Development and Future Outlook - Micro LED technology is expected to grow, with its revenue share projected to reach approximately 14% in 2024, with plans to further enhance production capacity and market outreach [8]