Core Viewpoint - The company, Lite-On Optoelectronics, reported record-breaking financial performance for 2024, with significant increases in revenue and net profit driven by growing demand in the OLED market and effective cost management strategies [2][4]. Financial Performance - In 2024, Lite-On Optoelectronics achieved revenue of 472 million yuan, a year-on-year increase of 56.9%, marking a historical high [2][4]. - The net profit attributable to shareholders reached 167 million yuan, up 117.2% year-on-year, also a record high [2][4]. - The net profit excluding non-recurring items was 148 million yuan, reflecting a 162.8% increase year-on-year, again a historical high [2][4]. Operational Efficiency - The company reported an operating cash flow of 228 million yuan, an increase of 162 million yuan from the previous year, achieving a historical high [4]. - The gross profit margin for 2024 was 67.08%, up 9.53 percentage points from the previous year, primarily due to product price increases [4]. - The weighted return on net assets was 9.58%, the highest in three years, with a year-on-year increase of 5.05 percentage points [5]. R&D and Innovation - Lite-On Optoelectronics invested 64.69 million yuan in R&D in 2024, a 28.3% increase year-on-year, representing 13.71% of revenue [5]. - The company applied for 155 new invention patents and obtained 53 patents during the reporting period, totaling 367 authorized patents by the end of the period [6]. Shareholder Returns - The company plans to distribute a cash dividend of 1.3 yuan per 10 shares, totaling 52.2 million yuan, which is 60% of the net profit attributable to shareholders [6]. - A new shareholder return plan for 2025-2027 has been established, with a minimum distribution ratio of 80% for mature stages without major capital expenditures [6]. Stock Buyback - In response to market volatility, the company initiated a stock buyback plan, aiming to repurchase shares worth 50 to 100 million yuan, with nearly 6 million yuan already repurchased [7].