亚世光电(002952) - 2025年11月20日投资者关系活动记录表

Group 1: Business Performance - The electronic paper business is projected to achieve a revenue growth of 142.84% in 2024, accounting for 34.15% of total revenue, becoming a core growth engine for the company [3] - In the first half of 2025, revenue from the electronic paper segment increased by 103.01%, raising its share of total revenue to 48.63% [3] - The company is experiencing a general trend of increasing revenue without a corresponding increase in profit, primarily due to rising sales and financial expenses [3][4] Group 2: Market Expansion and Client Acquisition - The company is actively expanding its client base in the electronic paper sector, focusing on applications in smart retail, smart public transport, and digital currency display cards [2] - Current orders are primarily for electronic price tags, with clients including well-known enterprises, although specific names cannot be disclosed due to confidentiality agreements [2] Group 3: Production and Supply Chain Management - The company has established four production lines for electronic paper in its Vietnam factory, with two additional lines expected to commence production soon [3] - To mitigate risks associated with key raw material price fluctuations, the company has diversified its supplier base and implemented a comprehensive information management system [4] Group 4: Future Growth and Strategic Focus - The company is not currently pursuing any mergers or acquisitions but is focused on deepening its core business and exploring quality cooperation opportunities within the industry [3] - The company is monitoring advancements in emerging technologies, such as AI glasses, which align with its existing capabilities in flexible displays and electronic paper [3]