致：香港交易及結算所有限公司 公司名稱: 舜宇光學科技(集團)有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02382 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.1 | HKD | | 10,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.1 | HKD | | 10,000,000,000 | 本月底法定/註冊股本總額： HKD 10,000,000,000 股份發行人及根據《上市規則》第十九B章上市的香港預託證券 ...

特别提示 微信机制调整，点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我 们的推送。 近期，舜宇光学发布2025年业绩公告称公司2025年归母利润获得了100%以上的增长： 正面盈利預告 本 公 告 乃 由 舜 宇 光 學 科 技 （ 集 團 ） 有 限 公 司 （ 「 本 公 司 」 ， 連 同 其 附 屬 公 司 統 稱 為 「 本 集 團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第1 3 . 0 9條及香 港法例第 5 7 1章證券及期貨條例第XIVA部項下內幕消息條文（定義見上市規則）而作出。 本公司董事（「董事」，各為一名「董事」）會（「 董事會」）謹此知會本公司股東（「股 東」）及本公司潛在投資者，根據本公司目前可獲得之資料及對本集團截至二零二五年十二月 三十一日止年度未經本公司核數師及╱或董事會下轄審核委員會審核或審閱之未經審核管理賬 目（「未經審核管理賬目」）之初步審閱及分析，本集團預期截至二零二五年十二月三十一日 止年度錄得本公司股東應佔溢利約人民幣4 , 5 8 8 , 6 0 0 , 0 0 0元至人民幣4 , 7 2 3 , 5 0 0 ...

Investment Rating - The report maintains a "BUY" rating for Sunny Optical, with a new target price (TP) of HK$91.38, implying a potential upside of 45.3% from the current price of HK$62.90 [3][14]. Core Insights - Sunny Optical has announced a positive profit alert for FY25E, projecting a net profit growth of 70-75% year-over-year, driven by high-end specification upgrades, improved product mix, and investment income from a deal with Goertek Optical Tech [1][9]. - For FY26, the company expects revenue growth to be supported by trends in smart driving, AI/AR glasses, and high-end camera specifications, which will help offset weaknesses in the smartphone segment due to memory cost pressures [1][9]. - The report indicates a slight reduction in FY26-27E EPS estimates by 1-4% to account for headwinds in the smartphone industry [1][9]. Financial Summary - Revenue projections for FY25E are set at RMB 42,056 million, with a year-over-year growth of 9.8%. For FY26E, revenue is expected to decline slightly to RMB 41,582 million, followed by a recovery to RMB 45,468 million in FY27E [2][22]. - Net profit is forecasted to reach RMB 4,610 million in FY25E, a 70.8% increase year-over-year, but is expected to decrease to RMB 3,909 million in FY26E before rebounding to RMB 4,699 million in FY27E [2][22]. - The report highlights a projected EPS of RMB 4.24 for FY25E, with consensus estimates at RMB 3.25 for the same period [2][11]. Valuation - The new target price of HK$91.38 is derived from a sum-of-the-parts (SOTP) valuation methodology, applying a target P/E multiple of 23.4x FY26E EPS, reflecting the company's diversified business model and growth potential across various segments [3][14][16]. - The report assigns different P/E multiples to various business segments, with 23x for camera modules and handset lenses, and 25x for vehicle lenses, reflecting their respective market positions and growth prospects [15][16].

舜宇光学(02382)盈喜后涨超4%，截至发稿，涨2.23%，报64.35港元，成交额5.04亿港元。 董事会认为有关预期增加主要归因于以下：受益于智能手机摄像头规格高端化的推动并凭借前沿的技术 布局和领先的产品迭代，本集团产品组合改善，使得本集团手机镜头和手机摄像模组的平均售价增加和 毛利率提升；及本集团转让若干附属公司全部股权以换取歌尔光学科技有限公司股权产生投资收益约人 民币9.19亿元。 消息面上，1月29日，舜宇光学发布公告，本集团预期截至2025年12月31日止年度取得本公司股东应占 溢利约人民币45.886亿元至人民币47.235亿元，较截至2024年12月31日止年度的约人民币26.992亿元增 加约70.0%至75.0%。 ...

消息面上，1月29日，舜宇光学发布公告，本集团预期截至2025年12月31日止年度取得本公司股东应占 溢利约人民币45.886亿元至人民币47.235亿元，较截至2024年12月31日止年度的约人民币26.992亿元增 加约70.0%至75.0%。 董事会认为有关预期增加主要归因于以下：受益于智能手机摄像头规格高端化的推动并凭借前沿的技术 布局和领先的产品迭代，本集团产品组合改善，使得本集团手机镜头和手机摄像模组的平均售价增加和 毛利率提升；及本集团转让若干附属公司全部股权以换取歌尔光学科技有限公司股权产生投资收益约人 民币9.19亿元。 智通财经APP获悉，舜宇光学(02382)盈喜后涨超4%，截至发稿，涨2.23%，报64.35港元，成交额5.04亿 港元。 ...

Group 1 - On January 29, a total of 30 Hong Kong stocks were repurchased by companies, with two stocks having repurchase amounts exceeding 10 million HKD [1] - The companies with the largest repurchase amounts were Geely Automobile at 108 million HKD, Shoucheng Holdings at 10.30 million HKD, and Jinke Service at 6.39 million HKD [1] - As of January 29, 116 Hong Kong stocks have been repurchased this year, with 9 stocks having a cumulative repurchase amount exceeding 100 million HKD [1] Group 2 - The companies with the highest cumulative repurchase amounts this year include Tencent Holdings at 6.358 billion HKD, Xiaomi Group-W at 2.390 billion HKD, and Sunny Optical Technology at 1.016 billion HKD [1]

1. 主营业务改善：受益于智能手机摄像头规格高端化，凭借技术布局和产品迭代优势，手机镜头和 摄像模组平均售价提升，毛利率改善 2. 投资收益：转让若干附属公司全部股权换取歌尔光学科技股权，产生投资收益约9.19亿元人民币 以上数据基于未经审计管理账目的初步评估 2025年度经审计综合业绩预计于2026年3月底前公布 舜宇光学科技（02382.HK）正面盈利预告要点解读核心要点 其他说明： 预计2025年度归母净利润约45.89亿-47.24亿元人民币，同比增长70%-75% 2024年度归母净利润为26.99亿元人民币 业绩预告： 增长驱动因素： ...

Core Viewpoint - Sunny Optical Technology (02382.HK) announced a share buyback of 15.84 million ordinary shares, representing approximately 1.447% of the total issued shares as of the announcement date [1] Group 1: Share Buyback Details - The buyback will occur from January 8, 2026, to January 28, 2026, under the general authorization granted by shareholders at the annual general meeting on May 27, 2025 [1] - The total amount involved in the buyback is approximately HKD 1.016 billion, excluding commissions and other expenses, with an average price of about HKD 64.1099 per share [1] - The company is authorized to repurchase up to 109 million shares, which is 10% of the total issued shares as of the annual general meeting date [1] Group 2: Purpose and Outlook - The buyback will be funded through the company's internal resources and the repurchased shares will be held as treasury shares for employee incentive plans [1] - The board believes that the share buyback reflects the company's confidence in its business outlook and will ultimately benefit the company and its shareholders [1]

每日经济新闻 每经AI快讯，1月29日，舜宇光学科技在港交所公告，集团预计2025年归母净利润约人民币45.89亿元至 人民币47.23亿元，同比增长70.0%至75.0%。主要归因于：智能手机摄像头规格高端化的推动，集团产 品组合改善，手机镜头和手机摄像模组的平均售价增加和毛利率提升；以及转让附属公司股权产生投资 收益约人民币9.19亿元。 ...

Group 1 - The company, Sunny Optical Technology (02382), announced a share buyback of 15.84 million ordinary shares, representing approximately 1.447% of the total issued shares as of the announcement date [1] - The total amount involved in the share buyback is approximately HKD 1.016 billion, excluding commissions and other expenses, with an average price of about HKD 64.1099 per share [1] - The share buyback is conducted under the buyback authorization, which allows the company to repurchase up to 109,480,480 shares, equivalent to 10% of the total issued shares as of the annual general meeting date [1]