近日，雷曼智慧一体机凭借自主研发的核心技术与突破性设计，一举斩获了2025TITAN创新设计金奖。 此次荣获国际奖项协会（IAA）颁发的顶级荣誉，再次印证了雷曼在创新设计与技术研发上的双重实 力。而这只是雷曼荣耀版图的一角，此前获得的德国红点奖、欧洲产品设计奖、美国MUSE设计奖、日 本IDPA AWARD国际先锋设计奖等诸多国际奖项，早已让雷曼的技术引领地位深入人心。 大型赛事的优选方案 雷曼光电表示，公司深耕LED显示技术研发与应用多年，在COB封装技术领域持续领跑，未来，公司还 将继续秉持创新精神，深耕核心技术研发，拓展应用场景边界，为客户提供更优质的视觉体验与智能解 决方案。 在近期的大型赛事领域，雷曼光电也展现出硬核实力，成为全球顶级赛事的核心服务商。 依据雷曼光电公众号信息，2025年第十五届全国运动会上，雷曼光电以"数智+绿色"办赛理念为契合 点，为深圳湾体育中心"春茧"、东莞篮球中心等核心竞赛场馆量身打造了LED显示专业赛事解决方案， 产品涵盖COB超高清显示屏与SMD常规显示屏两大类，总规模超500㎡，构筑起赛事运行的"视觉中 枢"。 靠硬实力频获行业大奖 据了解，雷曼光电为篮球场馆打造的环 ...

Core Viewpoint - TrendForce's latest report indicates that the prices of TV and display panels are expected to remain stable in October 2025, while some laptop panel prices may see slight decreases [2][3]. Panel Price Forecast - The average price forecast for a 65-inch TV panel is $173, with a minimum of $167 and a maximum of $176 [4]. - The average price forecast for a 55-inch TV panel is $124, with a minimum of $118 and a maximum of $127 [4]. - The average price forecast for a 43-inch TV panel is $64, with a minimum of $62 and a maximum of $66 [4]. - The average price forecast for a 32-inch TV panel is $35, with a minimum of $34 and a maximum of $36 [4]. Monitor Panel Price Forecast - The average price forecast for a 27-inch IPS panel is $63, with a minimum of $57.6 and a maximum of $65.8 [5]. - The average price forecast for a 23.8-inch IPS panel is $49.9, with a minimum of $47.1 and a maximum of $51.4 [5]. Laptop Panel Price Forecast - The average price forecast for a 17.3-inch TN panel is $38.2, down by $0.1 (0.3%) from the previous month, with a minimum of $37.6 and a maximum of $39.7 [6]. - The average price forecast for a 15.6-inch Value IPS panel is $40.2, down by $0.1 (0.2%) from the previous month, with a minimum of $38.5 and a maximum of $41.8 [6]. - The average price for a 14.0-inch TN panel has stabilized at $26.9 since early July 2024, with a minimum of $26.4 and a maximum of $28.1 [7].

Group 1: Company Performance - The overseas market showed a good growth trend, achieving revenue of 293,088.14 thousand yuan in 2024, a year-on-year increase of 13.78% [1] - The company has maintained double-digit growth in revenue for three consecutive years, with a three-year compound annual growth rate (CAGR) of 43%, and over 30% CAGR in Europe, North America, and Asia-Pacific regions [2] Group 2: Business Overview - The company is a leading provider of true LED display applications and services, offering a full range of LED display products and professional audiovisual solutions [3] - The company has established a comprehensive global marketing and service network, with a focus on R&D, design, production, sales, and service [3] Group 3: Dividend Distribution - The profit distribution plan for 2024 has been approved, with a cash dividend of 1.5 yuan per 10 shares, totaling 55,365,047.55 yuan [4] - The record date for the dividend distribution is May 27, 2025, and the ex-dividend date is May 28, 2025 [4] Group 4: Development Strategy - The company's development strategy focuses on technology leadership, high-quality LED display products, lifecycle service, and a global sales network to attract quality customers and expand business scale [4] - The company aims to enhance six core competencies to support the execution of its strategy: maintaining technological leadership, leveraging brand influence, building service advantages, creating cost competitiveness, expanding sales channels, and fostering organizational culture [4] Group 5: Industry Outlook - The global LED display market is expected to reach approximately 53.5 billion yuan in 2024, continuing a growth trend [4] - The actual production and sales volume of LED displays is maintaining a double-digit growth rate, with an expected steady growth rate of about 8% in the coming years [4]

Core Viewpoint - Company held a performance briefing on May 12, 2025, to discuss its business model, competitive advantages, growth points, and future development plans in the LED display industry [1][2]. Business Model - The company provides high-quality, high-performance LED display equipment and control solutions, utilizing a combination of order-based and planned production models [2]. - The sales strategy includes direct sales to end customers and a distribution model through contractors and channel partners [2]. Competitive Advantages - The company emphasizes its differentiated core competencies, which include product quality, technological research and development, marketing services, brand value, and talent development [3]. Growth Points - In 2025, the company aims to implement a "251" operational strategy focusing on two key areas, five improvements, and one development goal to enhance its operational effectiveness [4]. - The company has made significant technological advancements, such as improving display contrast by 30% through innovative coating techniques and developing high-grade fire-resistant products [4]. Financial Performance - For the reporting period, the company achieved revenue of 665.48 million yuan, with a net profit attributable to shareholders of 6.34 million yuan [7]. - Management has successfully reduced total expenses by 31.77% year-on-year, despite facing economic challenges and market competition [7]. Future Development Plans - The company plans to focus on its core LED display business, enhancing customer service, optimizing product offerings, and maintaining brand positioning [9]. - The company aims to leverage digitalization and information technology to improve efficiency and reduce operational costs, ensuring sustainable long-term growth [9]. Industry Positioning - The company showcased innovative solutions at the 2025 Shenzhen ISLE exhibition, including outdoor display solutions and a new photovoltaic energy storage display solution, highlighting its commitment to sustainability and technological advancement [8].

Business Model and Market Strategy - The company provides high-quality LED display equipment and control solutions, utilizing a combination of order-based and planned production models [1][2] - Sales strategies include direct sales to end customers and a distribution model through contractors and channel partners [2] Competitive Advantages - The company maintains a differentiated core competitiveness, focusing on product quality, technological research and development, marketing services, brand value, and talent development [3] Growth and Profitability - In 2025, the company has established a "251" operational guideline aimed at enhancing strategic focus and operational efficiency, with specific goals for improvement and development [4][9] - The company reported a revenue of ¥665,483,656.24, with a net profit of ¥6,340,256.15, and managed to reduce total expenses by 31.77% year-on-year [8] Technological Innovations - Significant advancements in LED display technology include improvements in contrast ratio by 30% through innovative coating techniques and the development of high-grade fire-resistant products [5][6] - The company emphasizes collaboration with research institutions to drive innovation in LED technology [6] Strategic Adjustments - Following the divestment of non-LED businesses in 2023, the company aims to concentrate resources on enhancing its core LED capabilities, despite short-term revenue impacts [7] - The company plans to leverage digitalization for efficiency improvements and cost reductions, ensuring high-quality development [12] Future Development Plans - The company is committed to focusing on the core LED display business, optimizing product offerings, and enhancing brand positioning [11][12] - Future strategies include expanding product applications and strengthening partnerships within the industry ecosystem [10]