Core Viewpoint - The company Liard (300296) has introduced its new generation Hi-Micro, which represents the most advanced Micro LED packaging technology, featuring substrate-free Micro LED chips that are smaller, brighter, faster in response, and more stable and reliable [1] Group 1 - The Hi-Micro technology is widely applicable in high-end display scenarios [1] - There is a relatively higher demand for Hi-Micro technology overseas [1]

Core Viewpoint - Liard (300296.SZ) has indicated that its products are widely used across various sectors, including enterprise clients, military units, government agencies, basic energy, public safety, traffic dispatch command, and cinemas, but have not yet expanded into the helmet sector [1] Group 1 - The company’s products are applied in enterprise clients [1] - The company’s products are utilized by military units [1] - The company’s products serve government agencies [1] Group 2 - The company’s products are used in basic energy sectors [1] - The company’s products are involved in public safety [1] - The company’s products are employed in traffic dispatch command [1] Group 3 - The company’s products are utilized in cinemas [1] - The company has not yet expanded into the helmet sector [1]

Core Viewpoint - Liard (300296.SZ) has indicated that its products are widely used across various sectors, including enterprise clients, military units, government agencies, basic energy, public safety, traffic dispatch command, and cinemas, but have not yet expanded into the helmet sector [1] Group 1 - The company’s products are applied in enterprise clients [1] - The company’s products are utilized by military units [1] - The company’s products serve government agencies [1] Group 2 - The company’s products are involved in basic energy applications [1] - The company’s products contribute to public safety [1] - The company’s products are used in traffic dispatch command [1] Group 3 - The company’s products are implemented in cinemas [1] - The company has not yet expanded into the helmet sector [1]

Core Viewpoint - The company, Leyard (300296), is focusing on advanced technology development for smart display products in its R&D centers located in North America and Europe, while also emphasizing motion capture products through its U.S. subsidiary NP [1] Group 1: R&D Focus - The R&D centers in North America and Europe are primarily dedicated to the development of cutting-edge technologies for smart display products [1] - The U.S. subsidiary NP is specifically responsible for the research and development of motion capture products and related technologies [1] Group 2: Manufacturing and Automation - The factory in Saudi Arabia has introduced automated production lines and intelligent management systems [1] - The Saudi facility is involved in the R&D and manufacturing of a full range of LED display products, power supplies, and energy-saving LED lighting systems [1] Group 3: Market Adaptation - Each R&D center is tailored to the local market environment, providing more targeted solutions for customers [1]

Core Viewpoint - The company's stock price fluctuations are influenced by multiple factors including macroeconomic environment, industry policies, market sentiment, and operational performance [2] Group 1: Company Strategy - The company emphasizes enhancing its intrinsic value as the core of its market value management [2] - It has optimized its organizational structure and improved management mechanisms to systematically enhance standardized operational levels [2] - The company will continue to focus on improving operational quality and strengthening core competitiveness to create more solid and sustainable returns for shareholders [2]

Group 1 - The company has confirmed that the first phase of the Hi-micro production line, with a capacity of 1200kk/month, is now operational [1] - The equipment required for the second phase of the MIP expansion has been received and will undergo testing before entering production [1]

Core Viewpoint - The company, Leyard, is focusing on advanced technology development for smart display products in its R&D centers located in North America and Europe, while also addressing local market needs with tailored solutions [1] Group 1: R&D Focus - The R&D centers in North America and Europe are primarily dedicated to the development of cutting-edge technologies for smart display products [1] - The U.S. subsidiary, NP, is specifically responsible for the research and development of motion capture products and related technologies [1] Group 2: Manufacturing and Automation - The factory in Saudi Arabia has introduced automated production lines and intelligent management systems [1] - The Saudi facility is involved in the research and manufacturing of a full range of LED display products, power supplies, and energy-saving LED lighting systems [1] Group 3: Market Adaptation - Each R&D center is designed to cater to the local market environment, providing more targeted solutions for customers [1]

证券日报网讯12月11日，利亚德（300296）在互动平台回答投资者提问时表示，公司与中国科学院合作 研发的LiFi(LightFidelity)光通信系统基于公司高效能LED研制，兼具照明与通信功能，具备隐蔽性好， 抗干扰，稳定强韧等核心优势，该系统现已完成实验室验证。 ...

Core Viewpoint - The company highlights the cost structure differences between traditional LED displays and MicroLED technology, indicating that MicroLED's chip costs are currently the highest, with potential for significant cost reductions in the future as cutting technology improves [1] Group 1: Cost Structure - In traditional LED displays, the largest cost component is the lamp bead, while in MicroLED, the chip cost is the most significant [1] - The MicroLED industry is still in its early development stage, with expectations for lower chip costs as technological advancements occur [1] Group 2: Market Demand and Applications - The company reports that its MicroLED products have been successfully applied in high-end meetings, cinemas, all-in-one machines, and special industries [1] - There has been a notable increase in overseas demand for MicroLED products this year, indicating a growing market interest [1] Group 3: Profitability - MicroLED products maintain a relatively stable and high profitability level within the company's display category [1]

Core Viewpoint - The company highlights that in traditional LED displays, the largest cost component is the lamp beads, while in MicroLED technology, the chip cost is the most significant. The MicroLED industry is still in its early development stage, and breakthroughs in chip cutting technology could significantly reduce costs, enhancing the cost-performance ratio of MicroLED products and expanding their application range [1] Group 1: Cost Structure - In traditional LED displays, lamp beads represent the largest portion of costs [1] - In MicroLED technology, chip costs are the highest [1] Group 2: Industry Development - The entire MicroLED industry chain is currently in the early stages of development [1] - A breakthrough in upstream chip cutting technology could lead to significant cost reductions [1] Group 3: Product Application and Market Demand - The company's MicroLED products have been successfully applied in high-end meetings, cinemas, all-in-one machines, and special industries [1] - MicroLED products maintain a relatively stable and high-profit level within the company's display categories [1] - There has been a notable increase in overseas demand for MicroLED products this year [1]