莱特光电(688150) - 陕西莱特光电材料股份有限公司投资者关系活动记录表（2024年9月27日）

Group 1: Company Strategy and Market Position - The company believes the future of the OLED industry is promising, with domestic manufacturers improving in technology, capacity, and cost-effectiveness, leading to an expected increase in global market share [1] - The company plans to continue investing in R&D and innovation to enhance material performance and diversify product offerings [2] - As of the first half of 2024, the company achieved a revenue of 245.52 million CNY, a year-on-year increase of 73.65%, with OLED organic materials contributing 212.14 million CNY, accounting for 86.40% of total revenue [2] Group 2: Product Development and Performance - The company has made significant progress in developing OLED organic materials, with key advancements in red, green, and blue Prime materials, achieving international advanced levels [2] - The company has successfully maintained relationships with leading OLED manufacturers while actively developing new clients to increase market penetration [2] - The company’s OLED terminal materials have undergone continuous upgrades, focusing on high efficiency, low voltage, and long lifespan [3] Group 3: Intellectual Property and Competitive Landscape - The company has applied for a total of 883 patents, with 878 being invention patents, and has secured 346 authorized patents, ensuring a strong intellectual property position [3] - The competitive landscape shows that domestic companies primarily focus on OLED intermediates, with low market share in terminal materials, indicating significant potential for domestic substitution [3] - The company has established collaborations with first-tier suppliers and is gradually increasing its market share in the OLED materials sector [4] Group 4: Production Capacity and Cost Management - The current production capacity for OLED terminal materials is 12 tons per year, with ongoing projects to enhance production capabilities based on market demand [4] - The company has integrated production capabilities across the OLED supply chain, which helps in optimizing processes and reducing production costs [4] - Although prices for older OLED terminal materials have decreased, the introduction of upgraded products has mitigated the impact of price declines [4]