300708SZSE

Progress Announcement on the "Quality Return Dual Improvement" Action Plan

✨ AI Summary

This announcement details the progress of the "Quality Return Dual Improvement" action plan by Jucan Optoelectronics. Key achievements include record-high revenue of 3.127 billion yuan and net profit of 205 million yuan for 2025. The company emphasizes innovation, governance optimization, and shareholder returns, including a stock dividend of 4.5 shares for every 10 shares held. The plan aims to enhance management quality and sustainable development.

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Full Translation

AI Translation· azure_openai

Jucan Optoelectronics Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, complete, and does not contain false records, misleading statements, or major omissions.

In response to the guiding principles from the Central Political Bureau meeting to "activate the capital market and boost investor confidence," as well as the State Council's executive meeting's call to "significantly enhance the quality and investment value of listed companies," the Company has developed the "Quality Return Dual Improvement" action plan. This plan aims to continuously improve the operational management level of the management team and promote the long-term healthy and sustainable development of the Company, ensuring the interests of all investors, especially small and medium-sized investors. Detailed content can be found in the announcement titled "Announcement on the 'Quality Return Dual Improvement' Action Plan" published on the Giant Tide Information Network (Announcement No.: 2025-038). The progress of the "Quality Return Dual Improvement" action plan is as follows:

1. Focus on Core Business and Promote High-Quality Development

The Company adheres to a high-quality, efficient, and steady development approach, maintaining its long-term development strategy of "focusing resources and strengthening core business." It is committed to the continuous expansion of its LED chip main business, particularly in high-end LED chips represented by Mini LED, automotive lighting, plant lighting, backlighting, and direct display. In 2025, the Company achieved a record high in key indicators, including operating revenue of 3.127 billion yuan, net profit of 205 million yuan, net profit excluding non-recurring gains and losses of 199 million yuan, and LED chip production of 24.09 million pieces. The Company is focused on the construction of the "annual production of 2.4 million red and yellow light epitaxial wafers and chip projects," actively cultivating a second growth curve, and promoting the implementation of the "Mini/Micro LED chip R&D and manufacturing expansion project," enhancing the compatibility and synergy of red-yellow and blue-green chips in applications, and striving to provide customers with full-color product services. The red-yellow light project commenced production in January 2025, with monthly production exceeding 50,000 pieces, and some processes reaching full production of over 80,000 pieces. As the project progresses steadily, revenue growth is becoming evident.

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