8月11日，日久光电（003015）发布2025年半年度报告，交出了一份亮眼的成绩单。报告期内，公司实 现营业收入3.02亿元，同比增长8.06%；实现归母净利润0.46亿元，同比增长37.87%。 值得关注的是，在扣除股份支付费用等非经常性损益后，归属上市公司股东的扣非净利润达5475.11万 元，同比大幅增长65.5%。这一数据剔除了短期费用干扰，真实反映出公司主营业务的强劲盈利能力。 同时，多项财务指标呈现积极增长态势，彰显出公司在触控显示应用材料领域的经营韧性与盈利能力。 调光导电膜车载领域发力营收同比大增127.66% 亮眼的业绩表现，离不开公司调光导电膜业务的爆发式增长。作为日久光电重要的业绩增长引擎，该业 务在报告期内实现营收7377.43万元，同比大幅增长127.66%，其增长主要得益于在车载场景的深度渗 透。 从技术布局来看，市场主流的调光膜技术包括PDLC(高分子聚合物分散液晶)、EC(电致变色)和SPD(悬 浮粒子装置)三大路径。日久光电作为全技术路线的调光材料方案商，公司的调光导电膜已覆盖上述三 种技术应用，并在对应下游建成PDLC、SPD、EC及LC四大技术平台，产品聚焦汽车天幕、侧 ...

Group 1: Company Overview and Market Position - Jiangsu Riju Optoelectronics Co., Ltd. focuses on core technologies such as magnetron sputtering and precision coating, with a strong confidence in its core technologies [1] - The company has achieved a global market share of 52% for ITO conductive films, indicating a significant competitive advantage [2] - The current market for smart dimming glass in panoramic roofs has a penetration rate of 14.4% in 2024, up by 7.7 percentage points from the previous year [2] Group 2: Product Technologies and Applications - The company offers various dimming technologies, including PDLC, SPD, EC, and LC, with EC being the primary technology in current sales [6] - Smart dimming glass can reduce cabin temperature by 8-12°C, addressing challenges from high solar radiation [2] - AR optical films enhance display transparency by 4% and contrast ratio from 30:1 to 70:1, applicable in automotive displays and consumer electronics [2] Group 3: Financial Performance and Growth Expectations - Both dimming conductive films and optical films are expected to see growth in 2024, as they are key areas for the company's expansion [3] - The company is preparing to disclose its 2025 semi-annual report, which will provide updates on business progress [3] Group 4: Competitive Landscape and Future Outlook - The market for ITO conductive films is facing challenges due to the rise of in-cell touch technology, but there remains stable demand for customized solutions [7] - The company is actively supporting clients in various applications, including AI glasses and smart wearables, although no sales have been recorded yet [5]