香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表明概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED 舜 宇 光 學 科 技（ 集 團 ）有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2382.HK） 截至二零二五年六月三十日止六個月 中期業績公告 業績摘要 截至二零二五年六月三十日止六個月，本集團未經審核的收入約人民幣（「人民 幣」）19,651,900,000元，較去年同期增加約4.2%。 截至二零二五年六月三十日止六個月，本集團的毛利約人民幣3,894,400,000 元，較去年同期增加約20.0%。毛利率則約19.8%，較去年同期增加約2.6個百分 點。 截至二零二五年六月三十日止六個月，本集團的本公司股東應佔期內溢利約人 民幣1,646,100,000元，較去年同期增加約52.6%。 財務業績 舜宇光學科技（集團）有限公司（「本公司」）董事（「董事」，各為一名「董事」）會 （「董事會 ...

Group 1 - The Hong Kong stock market for Apple-related stocks has declined, with notable drops in several companies [1] - Hong Teng Precision (06088.HK) experienced a decline of over 7% [1] - Sunny Optical Technology (02382.HK), Weishi Jiajie (00856.HK), and BYD Electronics (00285.HK) all fell by more than 3% [1] Group 2 - Lens Technology (06613.HK) saw an increase of over 4%, contrasting with the overall trend [1]

Core Viewpoint - The company is experiencing a decline in mobile lens shipments while seeing growth in automotive lens shipments, leading to a maintained "Hold" rating and a target price of 77 HKD [1][2]. Group 1: Mobile Lens Shipments - In July 2025, the company's mobile lens shipments totaled 98.57 million units, a year-on-year decrease of 14.6% [1][2]. - For the first seven months of 2025, mobile camera module shipments also saw a year-on-year decline of 7.7% [2]. Group 2: Automotive Lens Shipments - The company reported automotive lens shipments of 11.35 million units in July 2025, reflecting a year-on-year increase of 28.8% [1][2]. - For the first seven months of 2025, automotive lens shipments increased by 22.7% year-on-year, although this was slightly below expectations [2]. Group 3: Market Sentiment and Stock Performance - From May 12 to August 11, 2025, the company's stock price increased by 15.2%, outperforming the Hong Kong Hang Seng Index, which rose by 7.8% during the same period [1]. - The positive sentiment was attributed to progress in US-China trade talks regarding tariff reductions [1]. Group 4: Future Outlook - Despite the growth in automotive lens shipments, the company is expected to lack catalysts for automotive lens business in the second half of 2025 [1][2]. - The target price is based on a 24 times P/E ratio for 2025, which is slightly above the industry average due to expected higher compound annual growth rate in earnings per share from 2024 to 2027 [2].

Core Viewpoint - Sunny Optical (02382) experienced a decline of over 3%, currently down 2.83% at HKD 77.3, with a trading volume of HKD 294 million [1] Group 1: Company Performance - The company announced that its mobile lens shipment volume for July 2025 is approximately 98.565 million units, a quarter-on-quarter increase of 3.7% but a year-on-year decrease of 14.6% [1] - The automotive lens shipment volume reached 11.349 million units, reflecting a quarter-on-quarter increase of 2.7% and a year-on-year increase of 28.8% [1] - The mobile camera module shipment volume was 42.629 million units, with a quarter-on-quarter increase of 1.7% and a year-on-year decrease of 2.9% [1] - The year-on-year decline in mobile lens shipments is attributed to the company's focus on mid-to-high-end projects and a significant improvement in product structure compared to the same period last year [1] - The year-on-year increase in automotive lens shipments is primarily due to increased client demand [1] Group 2: Market Sentiment and Analyst Ratings - According to Huaxing Securities, from May 12 to August 11, the company's stock price rose by 15.2%, outperforming the Hong Kong Hang Seng Index, which increased by 7.8% during the same period [1] - This stock price increase is believed to be a result of eased market sentiment regarding the US-China tariff issues, following progress in tariff negotiations during the Geneva trade talks in May 2025, where both countries agreed to reduce tariffs equivalently by 115% [1] - However, due to recent mobile and automotive lens shipment volumes potentially falling below market expectations, Huaxing Securities maintains a "Hold" rating and a target price of HKD 77 [1] - The firm believes that the company will still lack catalysts from the automotive lens business in the second half of 2025 [1]

Core Viewpoint - Sunny Optical (02382) experienced a decline of over 3%, currently trading at HKD 77.3 with a transaction volume of HKD 294 million. The company reported mixed results in its lens shipment volumes for mobile and automotive applications, indicating a focus on mid-to-high-end products despite a year-on-year decrease in mobile lens shipments [1][1]. Shipment Volumes - Mobile lens shipments for July 2025 are approximately 98.57 million units, reflecting a quarter-on-quarter increase of 3.7% but a year-on-year decrease of 14.6% [1]. - Automotive lens shipments reached 11.35 million units, showing a quarter-on-quarter increase of 2.7% and a year-on-year increase of 28.8% [1]. - Mobile camera module shipments totaled 42.63 million units, with a quarter-on-quarter increase of 1.7% and a year-on-year decrease of 2.9% [1]. Market Sentiment and Stock Performance - According to Huaxing Securities, from May 12 to August 11, the company's stock price increased by 15.2%, outperforming the Hong Kong Hang Seng Index, which rose by 7.8%. This increase is attributed to improved market sentiment regarding US-China tariff issues following progress in trade talks [1][1]. - Despite the positive sentiment, the company’s recent shipment volumes for mobile and automotive lenses may fall short of market expectations, leading to a "hold" rating and a target price of HKD 77 [1][1]. - The firm anticipates a lack of catalysts from the automotive lens business in the second half of 2025 [1].

Core Viewpoint - Sunny Optical (02382) experienced a decline of over 3%, with a current drop of 2.83% to HKD 77.3, and a trading volume of HKD 294 million [1] Group 1: Shipment Data - The company announced that in July 2025, the shipment volume of mobile lenses was approximately 98.565 million units, a quarter-on-quarter increase of 3.7% but a year-on-year decrease of 14.6% [1] - The shipment volume of automotive lenses was 11.349 million units, showing a quarter-on-quarter increase of 2.7% and a year-on-year increase of 28.8% [1] - The shipment volume of mobile camera modules was 42.629 million units, with a quarter-on-quarter increase of 1.7% and a year-on-year decrease of 2.9% [1] Group 2: Market Analysis - The year-on-year decline in mobile lens shipments by 14.6% is attributed to the company's focus on mid-to-high-end projects and a significant improvement in product structure compared to the same period last year [1] - The year-on-year increase in automotive lens shipments by 28.8% is primarily due to increased client demand [1] Group 3: Stock Performance and Outlook - According to Huaxing Securities, from May 12 to August 11, the company's stock price rose by 15.2%, outperforming the Hong Kong Hang Seng Index, which increased by 7.8% during the same period [1] - This stock performance is believed to be influenced by the easing of market sentiment regarding the China-US tariff issues, following progress in tariff negotiations during the Geneva trade talks in May 2025 [1] - However, due to recent mobile and automotive lens shipment volumes potentially falling below market expectations, the firm maintains a "hold" rating and a target price of HKD 77, indicating a lack of catalysts from the automotive lens business in the second half of 2025 [1]

Investment Rating - The report maintains a "Hold" rating for the company with a target price of HK$77.00, which is slightly below the current stock price of HK$77.05, indicating no significant upside potential [3][4]. Core Insights - The company's shipment volumes for mobile camera lenses and camera modules in July 2025 showed a year-on-year decline of 14.6% and 2.9%, respectively, while automotive lens shipments increased by 28.8% year-on-year [3][4]. - The stock price increased by 15.2% from May 12 to August 11, 2025, outperforming the Hang Seng Index, which rose by 7.8% during the same period, attributed to easing market sentiment regarding US-China tariff issues [3][4]. - The report suggests that the company is focusing on mid-to-high-end projects, leading to an improved product mix, but overall shipment volumes are still declining year-on-year [4]. Financial Summary - The company is projected to achieve revenues of RMB 43,459 million in 2025, with an estimated earnings per share (EPS) of RMB 2.98 [6]. - The price-to-earnings (P/E) ratio is expected to be 23.5x in 2025, which is slightly above the industry average, reflecting the company's anticipated compound annual growth rate (CAGR) of EPS exceeding the industry average from 2024 to 2027 [4][6].

Core Viewpoint - Sunny Optical Technology (02382) has recently attracted attention with its stock price at 77.1 HKD, showing bullish signals in technical analysis [1] Technical Analysis - The stock price has stabilized above the MA10 (74.89 HKD) and MA30 (74.02 HKD), with MA60 (68.94 HKD) providing solid support, indicating a strengthening medium-term trend [1] - The RSI indicator is at 62, nearing the overbought zone but not yet overheated, while MACD and Bollinger Bands have issued buy signals [1] - Key support levels are at 74 HKD (Support 1) and 71.4 HKD (Support 2); maintaining above these levels will sustain the bullish pattern [2] - Resistance levels are at 79.3 HKD (Resistance 1) and 82.7 HKD (Resistance 2); breaking through 79.3 HKD could trigger a new upward movement [2] Investment Signals - Current technical signals summarize as "buy," with a short-term preference, and the upper resistance levels align with investor expectations [4] - For investors optimistic about short-term breakthroughs, options such as Societe Generale call warrant 13939 (exercise price 89.5 HKD, leverage 4.8) and Barclays call warrant 15410 (exercise price 89.55 HKD, leverage 4.9) are recommended [7] - Cautious investors may consider the put warrant 14741 (exercise price 73.82 HKD, leverage 4.5) as a hedging tool against potential market adjustments [7] Derivative Products - Bull certificates like HSBC Bull Certificate 62734 and UBS Bull Certificate 57312 have a buyback price set at 70 HKD, with actual leverage of 8.1 and 7.9 respectively, suitable for investors expecting short-term rebounds [10] - A bear certificate option is Citigroup Bear Certificate 55092, with a buyback price of 88 HKD and actual leverage of 6.6, suitable for strategies anticipating a price peak and subsequent decline [10]

每经AI快讯，8月13日，港股舜宇光学科技涨近5%。 ...

Core Insights - Zhejiang Sunny Optical Co., Ltd. has obtained a patent for a "lens barrel" with authorization announcement number CN110632729B, applied for on October 2019 [1] - The company was established in 2001 and is located in Ningbo City, primarily engaged in the manufacturing of instruments and meters [1] - The registered capital of Zhejiang Sunny Optical Co., Ltd. is 430 million RMB [1] - The company has invested in 20 enterprises and participated in 42 bidding projects, holding a total of 3,837 patent records and 21 administrative licenses [1]