JUFEI(300303)2024-08-30 10:12Financial Performance - The company achieved a total operating revenue of 139,348.11 million yuan, representing a year-on-year growth of 20.43% compared to the previous year's growth of 25.20% [3] - The net profit attributable to shareholders was 14,768.70 million yuan, showing an increase from the previous year [3] - Sales revenue from LED products reached 127,691.18 million yuan, accounting for 91.63% of total operating revenue [3] Mini LED Market Insights - The Mini LED backlight market is experiencing increasing clarity in applications, with more brands joining the market as technology matures [4] - Major domestic customers are seeing strong sales for large-sized Mini LED TVs, with sizes such as 110/100/98/85 inches in high demand [4] - The penetration rate of Mini LED backlight technology in TVs and gaming displays continues to increase, becoming a standard feature in mid-to-high-end products [4] Product Development and Applications - The company's infrared products are being utilized in smart wearables, 3D sensing, biometric recognition, and medical monitoring [5] - VCSEL products have achieved mass production in various applications, including medical devices and smart home products [5] - Optical film products for laptops have been delivered in bulk to overseas markets, with breakthroughs in automotive applications among key customers [5] Shareholder Engagement and Corporate Actions - The company announced a share repurchase plan, intending to repurchase and cancel 12,334,576 shares, which will reduce the registered capital [5] - The share repurchase is expected to enhance long-term investment value and improve earnings per share, thereby boosting investor confidence [5] - The company has adhered to information disclosure regulations, ensuring the accuracy and completeness of disclosed information [5]