证券代码：603773 证券简称：沃格光电 公告编号：2025-070 江西沃格光电集团股份有限公司 第四届董事会第二十五次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 江西沃格光电集团股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日以通讯 方式召开第四届董事会第二十五次会议。有关会议召开的通知，公司已于 2025 年 8 月 18 日以书面文件和电话、邮件等方式送达各位董事。本次会议由公司董事长易伟华先生 召集，会议应参加表决董事 5 人，实际参加表决董事 5 人。会议的召集、召开和表决程 序符合《中华人民共和国公司法》《公司章程》等有关规定，合法、有效。 二、董事会会议审议情况 表决结果：5 票同意、0 票反对、0 票弃权，议案通过。 具体详见公司于 2025 年 8 月 28 日刊登在上海证券交易所网站（www.sse.com.cn） 的《江西沃格光电集团股份有限公司 2025 年半年度报告》及《江西沃格光电集团股份 有限公司 2025 年半年度报告摘要》。 (二 ...

Financial Performance - The company reported a half-year revenue of RMB 1.2 billion, representing a year-on-year increase of 15%[1] - Net profit for the period reached RMB 300 million, up 20% compared to the same period last year[1] - The company's operating revenue for the first half of the year reached ¥1,189,986,793.07, representing a 14.20% increase compared to ¥1,042,027,117.75 in the same period last year[23] - The total profit for the reporting period was -¥35,608,289.44, a decline of 231.40% from -¥10,744,883.70 in the previous year[23] - The net profit attributable to shareholders was -¥54,154,869.28, which is a 78.03% increase in losses compared to -¥30,419,725.36 in the same period last year[23] - The net cash flow from operating activities decreased by 64.99%, amounting to ¥70,499,850.87, down from ¥201,345,729.96 in the previous year[23] - Future guidance estimates a revenue growth of 12% for the next half-year, with a projected net profit margin of 25%[1] Market Expansion and Product Development - User data indicates a growth in active users by 25%, reaching a total of 5 million[1] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2026[1] - New product development includes the launch of a Mini LED display technology, expected to contribute an additional RMB 200 million in revenue next year[1] - The company is engaged in three main business segments: traditional glass processing, new display technologies, and semiconductor-related products, with the traditional business contributing the majority of revenue[28] - The new display segment includes products like Mini LED backlight displays and Micro LED direct displays, which are gaining traction in the market[31] - The company is actively developing glass-based Mini LED backlight modules and Micro LED direct display products, with significant progress reported in these areas[53][56] Research and Development - The company has allocated RMB 100 million for research and development in advanced packaging technologies[1] - The company invested 88.52 million yuan in R&D, a 63.13% increase compared to the previous year, to support ongoing technological upgrades and project developments[79] - The company has received multiple national patents for its technological breakthroughs in glass substrate applications[70] - The company has developed core technologies in glass precision processing and metallization interconnection, which are now applied in various products, showcasing their technological characteristics and leadership[86] Risks and Challenges - The management highlighted risks related to supply chain disruptions and market competition in the upcoming quarters[1] - The company faces risks from intense market competition in the optoelectronic glass processing industry, which could lead to decreased market share and lower profit margins[107] - The company is exposed to product price volatility risks due to rapid changes in the mobile smart terminal industry, which may adversely affect profitability if not managed properly[108] - There is a risk of talent loss, particularly among core technical personnel, which could impact product quality and innovation capabilities[109] Corporate Governance and Compliance - No non-operating fund occupation by controlling shareholders was reported, ensuring financial integrity[1] - The company guarantees that its prospectus does not contain false records, misleading statements, or significant omissions, and assumes legal responsibility for its accuracy and completeness[130] - The company commits to actively protecting investor rights and interests, including establishing a compensation fund if necessary[132] - The controlling shareholder has pledged not to interfere with the company's management activities or infringe on its interests[125] Shareholder and Equity Information - The company completed a capital increase of ¥140 million for its wholly-owned subsidiary Chengdu Woge Display Technology Co., Ltd., raising its registered capital to ¥200 million[102] - The company has a total of 237,900 restricted shares granted under the stock option and incentive plan, with 83,200 shares released during the reporting period[181] - The largest shareholder, Yi Weihua, reduced his holdings by 11,800,000 shares during the reporting period[185] - The company has a total of 19,602 common shareholders as of the end of the reporting period[183] Legal Matters - The company is involved in a contract dispute with Jiangsu Lingshida Intelligent Technology Co., Ltd., with a claim amounting to 1,312,392.42 RMB[151] - The court mediation resulted in a settlement agreement, with the defendant required to pay the plaintiff in installments[151] - The company has significant litigation and arbitration matters reported during the reporting period[150]

证券代码：603773 证券简称：沃格光电 公告编号：2025-071 江西沃格光电集团股份有限公司 关于计提资产减值准备的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 江西沃格光电集团股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日召开第 四届董事会第二十五次会议，审议通过了《关于计提资产减值准备的议案》，具体情况 如下： 一、 计提资产减值准备概述 根据《企业会计准则》和公司会计政策规定，为准确、客观地反映公司截至 2025 年 6 月 30 日的财务状况和 2025 年 1-6 月的经营成果，经公司及下属子公司对各项应收 票据、应收账款、其他应收款、存货、固定资产、在建工程和商誉等进行全面清查和减 值测试，2025 年 1-6 月计提信用减值准备和资产减值准备合计为人民币 14,677,777.36 元，详见下表： 单位：元 币种：人民币 | 项目 | 2025 年 1-6 月计提金额 | | --- | --- | | 一、信用减值准备 | 3,333,100.82 | | 其中：应收票据 | ...

沃格光电公告，2025年上半年营业收入11.9亿元，同比增长14.20%。归属于上市公司股东的净利 润-5415.49万元，上年同期为-3041.97万元。基本每股收益-0.2435元／股，上年同期为-0.1365元／股。 ...

金融界消息 截至2025年8月25日收盘，沃格光电（603773）报收于31.76元，上涨1.83%，换手率 7.22%，成交量14.81万手，成交金额4.74亿元。 资金流向方面，今日主力资金净流入2483.18万元，占比成交额5.24%。其中，超大单净流出824.98万 元、占成交额1.74%，大单净流入3308.15万元、占成交额6.98%，中单净流出流出438.10万元、占成交 额0.92%，小单净流出2045.08万元、占成交额4.31%。 沃格光电最新一期业绩显示，截至2025一季报，公司营业总收入5.48亿元、同比增长4.23%，归属净利 润2409.69万元，同比减少344.57%，扣非净利润2815.96万元，同比减少193.57%，流动比率1.128、速动 比率1.058、资产负债率68.62%。 天眼查商业履历信息显示，江西沃格光电集团股份有限公司，成立于2009年，位于新余市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本22349.0233万人民币，实缴资本 22312.5633万人民币。公司法定代表人为易伟华。 通过天眼查大数据分析，江西沃格光电集团股份有限 ...

Market Overview - The optical and optoelectronic sector rose by 0.28% on August 25, with Helitai leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Top Gainers - Helitai (002217) closed at 3.38, up 10.10% with a trading volume of 2.3734 million shares and a transaction value of 783 million [1] - Eighty Billion Space (688181) closed at 43.58, up 8.09% with a trading volume of 191,800 shares and a transaction value of 835 million [1] - Yingchuan (300582) closed at 16.25, up 7.62% with a trading volume of 300,700 shares and a transaction value of 485 million [1] - Other notable gainers include Aobi Zhongguang (688322) and Aolaide (688378) with increases of 6.63% and 6.05% respectively [1] Top Losers - Chenzhan Optoelectronics (003019) saw a significant drop of 9.99%, closing at 39.20 with a trading volume of 269,300 shares and a transaction value of 1.112 billion [2] - ST Yushun (002289) decreased by 4.45%, closing at 28.53 with a trading volume of 43,100 shares and a transaction value of 124 million [2] - Huati Technology (603679) fell by 4.18%, closing at 17.20 with a trading volume of 180,200 shares and a transaction value of 313 million [2] Capital Flow - The optical and optoelectronic sector experienced a net outflow of 2.087 billion from institutional investors, while retail investors saw a net inflow of 1.101 billion [2] - Notable stocks with significant capital flow include Longli Technology (300752) with a net inflow of 1.05 billion from institutional investors [3] - Other stocks like Riji Optoelectronics (003015) and Shuijing Optoelectronics (002273) also experienced notable capital movements, with net outflows from retail investors [3]

Investment Rating - The report initiates coverage with an "OUTPERFORM" rating, targeting a price of Rmb 45.40, indicating a potential upside of 45.6% from the current price of Rmb 31.19 [2][9][37]. Core Insights - WG Tech (JiangXi) Group is positioned as a leader in the glass substrate industry, focusing on advanced semiconductor displays and packaging, particularly in Mini and Micro LED technologies [3][5][20]. - The company has established a comprehensive product system covering various fields, including optical glass processing, backlight and display modules, and glass-based multilayer circuit boards [3][20]. - The report highlights that 2025 is expected to be a pivotal year for the commercialization of glass-based Mini LED technology, with significant demand anticipated from the large-size TV market [5][33]. Financial Overview - Revenue projections for 2025-2027 are Rmb 29.76 billion, Rmb 40.43 billion, and Rmb 52.90 billion, respectively, with net profits expected to be Rmb 0.13 billion, Rmb 2.53 billion, and Rmb 4.80 billion [9][35][36]. - The company anticipates a revenue increase of 22% in 2025, driven by the mass production of glass-based Mini LED substrates [4][33]. Business Development - The company has invested Rmb 1 billion to expand production capacity for glass substrates, die bonding, and SMT, aiming for an annual capacity of approximately 4 million glass substrates [9][37]. - WG Tech's subsidiaries, Jiangxi Dehong and Hubei Tonggewei, are crucial in developing glass-based Mini LED and TGV multilayer circuit boards, respectively [20][25]. Market Positioning - The glass substrate technology is expected to reshape the high-end display market, offering cost and performance advantages over OLED displays, particularly in large-size TVs [11][12]. - The report emphasizes the competitive edge of glass substrates in advanced packaging applications, particularly due to their thermal expansion properties aligning closely with silicon [15][19].

证券代码：603773 证券简称：沃格光电 公告编号：2025-069 江西沃格光电集团股份有限公司 第二个解除限售期限制性股票解除限售暨上市流通的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ? 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为58,500股。 本次股票上市流通总数为58,500股。 ? 本次股票上市流通日期为2025 年 8 月 28 日。 江西沃格光电集团股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日召开第 四届董事会第二十四次会议和第四届监事会第二十一次会议，审议通过了《关于 2023 年股票期权与限制性股票激励计划首次授予部分第二个解除限售期解除限售条件成就 的议案》，公司 2023 年股票期权与限制性股票激励计划（以下简称"本次激励计划"） 首次授予部分第二个解除限售期解除限售条件已经成就。现将有关事项说明如下： 一、本次激励计划批准及实施情况 （一）本次激励计划已履行的决策程序 议，审议通过了《关于公司<2023 年股票期权与限制性股票 ...

证券代码：603773 证券简称：沃格光电 公告编号：2025-069 江西沃格光电集团股份有限公司 2023 年股票期权与限制性股票激励计划首次授予部分 第二个解除限售期限制性股票解除限售暨上市流通的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 江西沃格光电集团股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日召开第 四届董事会第二十四次会议和第四届监事会第二十一次会议，审议通过了《关于 2023 年股票期权与限制性股票激励计划首次授予部分第二个解除限售期解除限售条件成就 的议案》，公司 2023 年股票期权与限制性股票激励计划（以下简称"本次激励计划"） 首次授予部分第二个解除限售期解除限售条件已经成就。现将有关事项说明如下： 一、本次激励计划批准及实施情况 （一）本次激励计划已履行的决策程序 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为58,500股。 本次股票上市流通总数为58,500股。 本次股票上市流通日期为2025 年 8 月 28 日。 3、2023 ...

沃格光电最新一期业绩显示，截至2025一季报，公司营业总收入5.48亿元、同比增长4.23%，归属净利 润2409.69万元，同比减少344.57%，扣非净利润2815.96万元，同比减少193.57%，流动比率1.128、速动 比率1.058、资产负债率68.62%。 金融界消息 截至2025年8月22日收盘，沃格光电（603773）报收于31.19元，上涨1.7%，换手率3.57%， 成交量7.28万手，成交金额2.26亿元。 资金流向方面，今日主力资金净流入2595.08万元，占比成交额11.51%。其中，超大单净流入876.57万 元、占成交额3.89%，大单净流入1718.51万元、占成交额7.62%，中单净流出流出273.70万元、占成交 额1.21%，小单净流出2321.38万元、占成交额10.29%。 通过天眼查大数据分析，江西沃格光电集团股份有限公司共对外投资了14家企业，参与招投标项目21 次，知识产权方面有商标信息28条，专利信息333条，此外企业还拥有行政许可150个。 来源：金融界 天眼查商业履历信息显示，江西沃格光电集团股份有限公司，成立于2009年，位于新余市，是一家以从 事计算 ...