公告称，印度拥有全球最多人口，于智能终端产品的消费潜力巨大，因此，预计印度市场对摄像头模组 及指纹的识别模组需求将会持续稳定增长。抢先于印度建立摄像头模组及指纹识别模组的全面营运管理 能力，对于抢占当地更大市场份额至关重要。同时，获得印度政府支持，例如政府补贴，将有利于帮助 印度丘钛进一步扩大其产能，并且提升其为印度客户提供服务之能力。鉴于当前宏观经济环境，与印度 本土企业多元化合作，有利于抢占先机。Dixon作为印度当地规模最大的电子制造服务商之一，与印度 丘钛有共同的行业及客户基础，在摄像头模组及指纹识别模组方面拥有大量採购及长期发展需求。董事 认为，与Dixon就印度丘钛建立股权合作关系将促进印度丘钛快速增长，并迅速于印度占据较大市场份 额，最终有利于印度丘钛及集团进一步提升营运表现。 智通财经APP讯，丘钛科技(01478)发布公告，于2025年7月15日(交易时段后)，公司的间接全资附属公 司印度丘钛及出售股东与Dixon签订具约束力条款说明书，据此，Dixon已有条件同意透过股份购买事项 及股份认购事项的方式收购印度丘钛合共51%的实缴股本，有关条款及条件将待进一步协商并将载于交 易文件内。 建议 ...

格隆汇7月15日丨丘钛科技(01478.HK)公告，于2025年7月15日，印度丘钛及出售股东与Dixon签订具约 束力条款说明书，据此，Dixon已有条件同意透过股份购买事项及股份认购事项方式收购印度丘钛合共 51%实缴股本，有关条款及条件将待进一步协商并将载于交易文件内。 建议交易总代价初步协定为55.3亿印度卢比，包括(i)股份购买事项代价42.8亿印度卢比；及(ii)股份认购 事项代价12.5亿印度卢比。总代价为印度丘钛除税后溢利约15.5倍(视乎最终经审核数字而定)，此乃根 据印度丘钛于截至2025年3月31日止财政年度财务报表及印度丘钛投资后估值为108.5亿印度卢比后厘 定，惟视乎将会载列于交易文件内最终估值及协议而定。 待建议交易完成后，集团将保留印度丘钛49%股权，而印度丘钛将不再作为公司附属公司合并入账。 印度拥有全球最多人口，于智能终端产品消费潜力巨大，因此，预计印度市场对摄像头模组及指纹识别 模组需求将会持续稳定增长。抢先于印度建立摄像头模组及指纹识别模组全面营运管理能力，对于抢占 当地更大市场份额至关重要。 同时，获得印度政府支持，例如政府补贴，将有利于帮助印度丘钛进一步扩大其产能， ...

金十数据7月15日讯，丘钛科技(01478.HK)在港交所公告，印度丘钛及出售股东与Dixon签订具约束力条 款说明书，据此，Dixon已有条件同意透过股份购买事项及股份认购事项之方式收购印度丘钛合共51% 之实缴股本。建议交易之总代价初步协定为5,530,000,000印度卢比（相当于约人民币461.29百万元）， 包括股份购买事项代价4,280,000,000印度卢比（相当于约人民币357.02百万元）；及股份认购事项代价 1,250,000,000印度卢比（相当于约人民币104.27百万元）。总代价为印度丘钛除税后溢利之约15.5倍。 丘钛科技：拟出售印度丘钛之51%股权 交易总价4.61亿元 ...

Group 1: Hong Kong Stock Market Highlights - Yunfeng Financial (00376) surged over 21% as the company plans to strategically invest in digital currency and AI sectors [1] - China Merchants Securities (06099) opened nearly 15% higher and is currently up over 4% after receiving approval for a virtual asset license [1] - GDS Holdings (09698) rose over 7% as its Southern GDS data center REIT concluded public investor fundraising ahead of schedule [1] - Hillstone Technology (01478) increased nearly 6% with positive earnings expectations, and Citigroup anticipates a favorable market reaction [1] - Sunny Optical Technology (02382) briefly rose over 3% and is currently up over 1% as its lithography equipment successfully entered Shanghai, indicating a shift to mass production [1] - Kintor Pharmaceutical (02171) saw an early gain of over 3% after achieving positive results in the European patent opposition process [1] - Bilibili (09626) rose over 5% as HSBC expressed optimism about its gaming and advertising business, with new games planned for 2025 [1] - Solar stocks experienced a decline, with institutions citing electricity prices affecting the stable profitability of new energy projects [1] Group 2: U.S. Stock Market Highlights - The U.S. nuclear sector saw gains, with NuScale Power (SMR.US) up 12.38% and Oklo Inc (OKLO.US) up 11.29%, following comments from the U.S. Energy Secretary about a nuclear revival [3] - Autodesk (ADSK.US) rebounded 5.05% after a period of decline, expressing confidence in its cloud and AI business strategies [3] - Sonnet BioTherapeutics (SONN.US) surged 86.46% due to a merger announcement, forming a cryptocurrency financial company valued at $888 million [3] - Quantum stocks rose, with D-Wave Quantum (QBTS.US) up 6.89% and Quantum Computing (QUBT.US) up 8.66% [3] - Hims & Hers Health (HIMS.US) increased 8.64% as it plans to enter the Canadian market with a generic drug following the expiration of a patent [4] - Rocket Lab (RKLB.US) rose 10.71% after Citigroup raised its target price, noting a significant increase in global space technology investments [4] - Nvidia-related stocks mostly strengthened as Jensen Huang made his third visit to China this year [5] - Cryptocurrency stocks collectively rose, with Bitcoin surpassing $120,000, driven by upcoming legislative reviews in the U.S. [5] - Tesla (TSLA.US) gained 1.08% amid investor speculation regarding a stake in xAI [5] - Netflix (NFLX.US) rose 1.35% ahead of its upcoming earnings report, with analysts projecting significant revenue growth [6]

丘钛科技披露2025年6月主营产品销售数据，摄像头模组销售合计3434.8万件，环比增加1.3%；同比增 加4.1%；其中，手机摄像头模组销售3264.8万件，环比增加0.8%；同比增加1.5%。指纹识别模组销售数 量合计1390万件，同比增长7.3%。公告表示，摄像头模组产品销售数量同比略有增长，主要是由于集 团继续专注于以中高端手机摄像头模组和其他领域摄像头模组为核心的产品策略。 7月10日，丘钛科技发布公告，预期本集团截至2025年6月30日止6个月的综合溢利较截至2024年6月30日 止六个月(同期)的综合溢利约人民币1.15亿元增长约150%-180%。 智通财经APP获悉，香港联交所最新资料显示，7月14日，丘钛科技(01478)股东将股票存入渣打银行(香 港)，存仓市值31.62亿港元，占比25.22%。 招银国际发布研报称，丘钛科技盈喜料中期净利润同比升1.5倍至1.8倍，中位数3.05亿元人民币，较市 场预期高出20%，并达到该行全年预期的54%。该行将丘钛科技2025至2027年每股盈利预测上调21至 30%，以反映强劲的中期表现及更乐观的毛利率前景;目标价由9.25港元升至13.21港元 ...

7. 中船防务 (00317) 再涨超 5% ，中国船舶发布上半年业绩盈喜预告，公司可能受益于集团内部资源整 合。 点击蓝字，关注我们 今日上午港股 1.今海医疗科技 (02225) 盘中涨超 5% ， 近日与戴维医疗达成合作，公司已布局 "微创 5.0" 技术。 2. 芯片股早盘走高 ，华虹半导体 (01347) 涨 4.12%，贝克微 (02149) 涨 3.17%，晶门半导体 (02878) 涨 3.45%，中芯国际 (01347) 涨 3.11%。 3. 香港中旅 (00308) 一度涨超 14%， 不到一个月股价实现翻倍，市场炒作文旅产业 RWA。 4. 美团 - W (03690) 盘中涨超 3%， 旗下美团龙珠联合领投星海图，公司再度布局具身智能。 5. 裕元集团 (00551) 涨超 3%， 6 月综合经营收益净额同比增加 1.5%。 6. 内险股早盘普涨， 中国太保 (02601) 涨 4.88%，中国财险 (02328) 涨 3.57%，中国平安 (02318) 涨 3.19%，新华保险 (01336) 涨 2.5%。 8. 阿里巴巴 - W (09988) 涨超 3%， 加大即时零售及外 ...

Core Viewpoint - The article highlights significant stock movements in the Hong Kong and US markets, indicating various companies experiencing notable gains due to specific events or developments. Hong Kong Market Highlights - Li Auto (02015) saw a rise of over 3% as the launch of the Li i8 is set for July 29 [1] - Chinese banks experienced gains, with Zhengzhou Bank (06196) up 6.06%, Minsheng Bank (01988) up 4.97%, CITIC Bank (00998) up 3.24%, and Industrial and Commercial Bank of China (01398) up 1.8% [1] - Jiuyuan Gene (02566) increased by over 6% following the approval of its drug by the National Medical Products Administration [1] - Conant Optical (02276) rose over 6% as its net profit is expected to increase by over 30% year-on-year [1] - Puxing Energy (00090) surged over 220% after acquiring equity in HashKey Holdings Limited, entering the digital asset finance sector [1] - Blucube (00325) saw a rise of over 8% as it faced its first share unlock, with an accelerated pace of new product launches [1] - InnoCare Pharma (02577) rose over 5% as TSMC exited the GaN business, prompting cornerstone investors to extend their lock-up period [2] - Jitu Express (01519) increased over 4% due to strong package volume performance in Southeast Asia [2] - Apple-related stocks saw gains, with Cowell (01478) up 5.14%, Sunny Optical (02382) up 4.99%, BYD Electronics (00285) up 4.67%, and AAC Technologies (02018) up 1.89% [2] - From Yuzhi Agriculture (00875) surged over 13% as the company aims to build a comprehensive modern agriculture flagship group [2] - Fenbi (02469) rose over 5% following an upgrade to its AI question-answering system, which is expected to drive performance growth [2] - E-Surfing (02550) increased over 16% after Barclays acquired a 280 million stake and partnered with Huawei Cloud [2] - Cryptocurrency ETF and related stocks rose, with New Fire Technology Holdings (01611) up 10.82%, Xiong'an Technology (01647) up 10.23%, and others [2] - Superstar Legend (06683) surged over 20% as Jay Chou joined Douyin, gaining over 10 million followers [3] - Cornerstone Pharmaceuticals (02616) rose over 4% after its drug production application was approved by NMPA [3] - Longguang Group (03380) opened over 4% higher as its debt restructuring plan was approved by creditors [3] - Saijing Technology (00580) opened over 8% after announcing a projected net profit of approximately 90 million, a 167% year-on-year increase [3] - Derin Holdings (01709) opened nearly 15% higher as it plans to tokenize up to 500 million HKD in assets for distribution to shareholders [3] US Market Highlights - Deutsche Bank (DB.US) rose over 3% as it restructures its wealth management business in Germany to improve profitability [4] - UnitedHealth (UNH.US) fell over 1% amid reports of a US Department of Justice investigation into its medical insurance billing [4] - Futu Holdings (FUTU.US) increased over 9% after Morgan Stanley raised its target price to 160 USD [4] - Boeing (BA.US) rose over 3% as June aircraft deliveries reached an 18-month high [4] - Meta (META.US) increased nearly 2% as it reportedly invested 3.5 billion USD to enhance its AI smart glasses business [4] - Nvidia (NVDA.US) rose nearly 2%, reaching a historic high with a market capitalization of 4 trillion USD [4] - Microsoft (MSFT.US) hit a historic high with a market capitalization of 3.74 trillion USD, following an upgrade from Oppenheimer [4]

Group 1 - The Hong Kong stock market saw a significant rebound in Apple-related stocks today [1] - Sunny Optical Technology (02382.HK) rose nearly 7% [1] - BYD Electronics (00285.HK) increased by over 5% [1] Group 2 - Other stocks such as Q Tech (01478.HK), AAC Technologies (02018.HK), and GoerTek (01415.HK) also experienced gains [1]

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Insights - The company is expected to benefit from the continuous upgrade of product specifications and the growth of IoT modules, which may lead to better-than-expected performance [1][2]. - In June, the company's smartphone camera module shipments showed a year-on-year growth for the first time in the first half of 2025, driven by the launch of Huawei's flagship model [1]. - The company is focusing on high-end products, which is expected to significantly enhance the average selling price (ASP) and gross margin [1][4]. Summary by Sections Smartphone Camera Modules - In June, the company shipped 32.648 million smartphone camera modules, with a month-on-month increase of 0.8% and a year-on-year increase of 1.5% [1]. - For the first half of 2025, the total shipment was 183.866 million units, a year-on-year decrease of 14.8% due to a focus on high-end products [1]. - The proportion of shipments for modules with 32MP and above reached 53.4%, an increase of 5.5 percentage points year-on-year [1]. Other Camera Modules - The company saw a significant year-on-year increase of 99.3% in shipments of other camera modules in June, totaling 1.7 million units [2]. - The growth is attributed to the booming global market for consumer drones and handheld imaging devices [2]. - The company has a broad layout in optical products for drones and handheld devices, including camera modules and visual modules [2]. Fingerprint Recognition Modules - In June, the company shipped 13.9 million fingerprint recognition modules, with a year-on-year increase of 7.3% [3]. - The ultrasonic fingerprint recognition modules saw a remarkable year-on-year increase of 851.9% [3]. - The total shipment for the first half of 2025 was 94.357 million units, a year-on-year increase of 59.7% [3]. Financial Forecast and Valuation - The net profit forecasts for 2025, 2026, and 2027 have been raised by 20%, 31%, and 40% to RMB 724 million, RMB 934 million, and RMB 1.171 billion respectively [4]. - The company is expected to benefit from the growth in IoT shipments and the improvement in product specifications across its product lines [4]. - Revenue projections for 2025 are set at RMB 19.706 billion, with a growth rate of 22% [5].

Core Viewpoint - The recent announcement by President Trump regarding potential high tariffs on copper and pharmaceuticals has led to a decline in Hong Kong's stock market, with the Hang Seng Index falling below 24,000 points, reflecting increased macroeconomic risks and impacting market sentiment [1][4]. Market Performance - The Hang Seng Index closed down 1.06% at 23,892.32 points, with a total trading volume of 233.88 billion HKD. The Hang Seng China Enterprises Index fell 1.28%, while the Hang Seng Tech Index dropped 1.76% [1]. - Major blue-chip stocks experienced significant movements, with Henderson Land Development leading the decline, down 8.64% at 25.9 HKD, while China Biologic Products rose 10.06% to 5.91 HKD [2]. Sector Analysis - The technology sector saw a collective decline, with Alibaba down nearly 4% and Tencent over 1%. The copper sector was negatively impacted by Trump's tariff threats, leading to a drop in copper-related stocks [3][6]. - The innovative drug sector performed well, with Hengrui Medicine surging 15.61% to 69.6 HKD, indicating resilience amid broader market declines [3][4]. Specific Stock Movements - Macau's gaming sector showed strong performance, with Wynn Macau up 6.33% and Melco Resorts up 2.12%, driven by robust gaming revenue growth [4][5]. - Copper stocks faced significant declines, with Luoyang Molybdenum down 4.74% and Jiangxi Copper down 3.46%, reflecting market reactions to tariff announcements [5][6]. Commodity Prices - International gold prices fell below 3,300 USD per ounce, influenced by reduced safe-haven demand amid tariff uncertainties. Analysts expect gold prices to remain volatile within a range of 3,000 to 3,500 USD per ounce [7].