证券代码：603773 证券简称：沃格光电 公告编号：2025-081 江西沃格光电集团股份有限公司 关于 2023 年股票期权与限制性股票激励计划 2025 年第三季度自主行权结果暨股份变动的公告 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。 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"）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"）首次授予股票期权第二个行权期可行权股 票期权数量为 102.96 万份，行权期为 2025 年 8 月 11 日-2026 年 6 月 28 日（行权日须 为交易日），行权方式为自主行权。2025 年第三季度股票期权激励对象行权且完成股份 过户登记的数量为 912,100 股，占该期可行权股票期权总量的 88.59%。 公司2023年股票期权与限制性股票激励计划预留授予股票期权第一个行权期可 行权股票期权数量为 25.50 万份，行权期为 2025 年 8 月 11 日-2026 年 6 月 23 日（行权 日须为交易日），行权方式为自主行权。2025 ...

Core Insights - The optical optoelectronics sector experienced a rise of 2.26% on October 9, with Crystal Optoelectronics leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Sector Performance - Crystal Optoelectronics (002273) closed at 28.35, with a gain of 7.22% and a trading volume of 1.414 million shares, amounting to a transaction value of 4.034 billion [1] - Other notable performers included: - Lante Optics (688127) at 34.42, up 6.14% [1] - Woge Optoelectronics (603773) at 34.96, up 6.10% [1] - Huahao Optoelectronics (300323) at 8.90, up 4.71% [1] - TCL Technology (000100) at 4.51, up 4.64% [1] Fund Flow Analysis - The optical optoelectronics sector saw a net inflow of 128 million in main funds, while speculative funds experienced a net outflow of 249 million [2] - Retail investors contributed a net inflow of 121 million [2]

Investment Rating - The report rates the electronic industry as "Outperform" compared to the market [1]. Core Insights - The semiconductor packaging sector is experiencing a shift towards glass substrates, which are becoming the preferred choice for advanced packaging technologies due to their superior performance characteristics compared to traditional organic substrates [6][12]. - The global glass substrate market is projected to grow from USD 7.01 billion in 2024 to USD 12.33 billion by 2032, with a compound annual growth rate (CAGR) of 7.3% [13][15]. - Domestic companies in China are increasing their research and development investments in glass substrates, aiming to capture a larger market share and reduce reliance on foreign suppliers [19][20]. Summary by Sections Industry Performance - The SW electronic industry index increased by 2.78%, outperforming the CSI 300 index, which rose by 1.99% [2][42]. - The top-performing sectors within the electronic industry include integrated circuit manufacturing, which saw a rise of 6.93% [46]. Market Dynamics - The glass substrate market is characterized by high concentration, with the top three companies (Corning, Asahi Glass, and Nippon Electric Glass) holding a combined market share of 88% [16]. - The demand for glass substrates is driven by the increasing need for high-performance applications in consumer electronics, including smartphones and tablets [13]. Company Focus - Woge Optoelectronics is highlighted as a key player in the glass substrate market, with significant revenue growth from CNY 604 million in 2020 to CNY 2.221 billion in 2024, reflecting a CAGR of 38.48% [23][30]. - The company maintains a stable gross margin of around 20% and is actively investing in R&D to enhance its competitive edge [23][27]. Future Outlook - The report suggests that domestic glass substrate suppliers have long-term growth potential driven by the AI wave, recommending a focus on Woge Optoelectronics [2][19].

Core Viewpoint - Wog Glass announced the completion of the main building for the world's first and China's first 8.6-generation AMOLED glass-based lithography precision processing project in Chengdu High-tech Zone, with a total investment exceeding 628 million yuan [2][4]. Group 1: Project Overview - The project includes the main production building, auxiliary production facilities, power facilities, and warehouses, covering an area of approximately 56 acres [4]. - The completed main building has three floors and a total construction area of 59,000 square meters [4]. - Upon completion, Chengdu Wog will become the world's first intelligent production line capable of mass production of 8.6-generation AMOLED thinning, providing core support for leading companies like BOE [4]. Group 2: Future Plans - In the next three months, the company will accelerate the renovation of the factory, installation of power facilities, and procurement and debugging of production equipment [4]. - The goal is to complete the first batch of thinning wafer testing by mid-January 2026, ensuring seamless integration with BOE's 8.6-generation AMOLED production line [4]. Group 3: Financial Performance - In the first half of 2025, the company's operating income was approximately 1.19 billion yuan, a year-on-year increase of 14.2%, while the net profit attributable to shareholders was a loss of approximately 54.15 million yuan [5]. - In the same period of 2024, the operating income was about 1.04 billion yuan, with a net profit loss of approximately 30.42 million yuan [5].

Core Viewpoint - The company, Wogao Optoelectronics (603773), is actively developing glass optical devices through its subsidiary, Hubei Tonggewei, for applications in semiconductor etching equipment and lithography machines, with multiple projects currently in progress [1] Group 1 - The company has engaged in product technology development with clients for three years [1] - Several projects are in the stages of small batch delivery and ongoing collaborative research and development [1] - The market introduction of end-user equipment is expected to drive an increase in the delivery quantity of these products [1]

Company Overview - Woge Optoelectronics, established on December 14, 2009, and listed on April 17, 2018, is located in Xinyu High-tech Industrial Development Zone, Jiangxi Province. The company specializes in FPD optoelectronic glass processing [1] - The main business revenue composition includes: 51.83% from optoelectronic display devices, 29.63% from optoelectronic glass processing, and 18.44% from other sources [1] Stock Performance - As of September 30, Woge Optoelectronics' stock price decreased by 2.01%, trading at 33.17 CNY per share, with a total market capitalization of 7.449 billion CNY [1] - Year-to-date, the stock price has increased by 31.37%, with a slight decline of 0.09% over the last five trading days and a 7.73% drop over the last 20 days [1] Financial Performance - For the first half of 2025, Woge Optoelectronics reported a revenue of 1.19 billion CNY, reflecting a year-on-year growth of 14.20%. However, the net profit attributable to shareholders was -54.15 million CNY, a decrease of 78.03% compared to the previous year [2] - The company has distributed a total of 118 million CNY in dividends since its A-share listing, with 21.36 million CNY distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased to 19,600, with an average of 10,411 circulating shares per shareholder, a decrease of 1.91% from the previous period [2] - Among the top ten circulating shareholders, Changcheng Jiujia Innovation Growth Mixed A holds 5.5 million shares, an increase of 500,000 shares from the previous period [3]

Market Performance - The optical and optoelectronic sector increased by 0.3% on September 29, with Guanshi Technology leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Top Gainers in Optical and Optoelectronic Sector - Guanshi Technology (605588) closed at 59.62, with a rise of 10.00% and a trading volume of 44,900 shares, amounting to a transaction value of 259 million yuan [1] - Other notable gainers include: - Nanji Guang (300940) at 29.55, up 5.54% [1] - Dalu Technology (301045) at 28.56, up 4.92% [1] - Jiuliang Co., Ltd. (300808) at 28.01, up 4.36% [1] - Aobi Zhongguang (688322) at 89.59, up 4.32% [1] Market Capital Flow - The optical and optoelectronic sector experienced a net outflow of 1.103 billion yuan from institutional investors, while retail investors saw a net inflow of 779 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Individual Stock Capital Flow - Guanshi Technology had a net inflow of 78.55 million yuan from institutional investors, but saw net outflows from both retail and speculative investors [3] - Aobi Zhongguang experienced a net inflow of 59.32 million yuan from institutional investors, with outflows from other investor types [3] - Other companies like Boshang Optoelectronics (301421) and TCL Technology (000100) also showed varied capital flows, indicating differing investor confidence [3]

Company Overview - Woge Optoelectronics, established on December 14, 2009, and listed on April 17, 2018, is located in Xinyu High-tech Industrial Development Zone, Jiangxi Province. The company specializes in FPD optoelectronic glass processing [1] - The main business revenue composition includes: 51.83% from optoelectronic display devices, 29.63% from optoelectronic glass processing, and 18.44% from other sources [1] Stock Performance - As of September 29, Woge Optoelectronics' stock price increased by 2.22% to 33.60 CNY per share, with a trading volume of 158 million CNY and a turnover rate of 2.15%. The total market capitalization is 7.546 billion CNY [1] - Year-to-date, the stock price has risen by 33.07%, but it has decreased by 1.73% over the last five trading days and by 10.95% over the last 20 days [1] Financial Performance - For the first half of 2025, Woge Optoelectronics reported a revenue of 1.19 billion CNY, representing a year-on-year growth of 14.20%. However, the net profit attributable to shareholders was -54.15 million CNY, a decrease of 78.03% compared to the previous year [2] - The company has distributed a total of 118 million CNY in dividends since its A-share listing, with 21.36 million CNY distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 1.97% to 19,600, while the average circulating shares per person decreased by 1.91% to 10,411 shares [2] - Among the top ten circulating shareholders, Changcheng Jiujia Innovation Growth Mixed A holds 5.5 million shares, an increase of 500,000 shares from the previous period [3]

Core Points - On September 29, a total of 25 listed companies had their restricted shares unlocked, with a total market value of approximately 24.818 billion yuan [1] Summary by Category Restricted Share Unlocking - The companies involved in the unlocking of restricted shares include: - Luzhou Laojiao (000568) with 102,700 shares from equity incentive restrictions - East China Pharmaceutical (000963) with 215,000 shares from equity incentive restrictions - Taiyuan Heavy Industry (600169) with 11.6502 million shares from equity incentive restrictions - Jinfat Technology (600143) with 7.406 million shares from equity incentive restrictions - Guotai Junan (601211) with 3.2495 million shares from equity incentive restrictions - Guanglian Da (002410) with 3.2334 million shares from equity incentive restrictions - Ningbo Port (601018) with 3.647 billion shares from A-share issuance to legal person allocation - Zhongjin Environment (300145) with 852,070 shares from equity incentive restrictions - Keli Ke (002782) with 768,000 shares from equity incentive restrictions - Yingjie Electric (300820) with 62,500 shares from equity incentive restrictions - Laobaixing (603883) with 868,400 shares from equity incentive restrictions - Zhaoxun Media (301102) with 218 million shares from extended lock-up period - Zhongjing Technology (003026) with 20,000 shares from equity incentive restrictions - Woge Optoelectronics (603773) with 14.8003 million shares from A-share issuance to original shareholders allocation - Hanrui Cobalt (300618) with 104,670 shares from equity incentive restrictions - Fujilai (301258) with 55.362 million shares from extended lock-up period - Wankai New Materials (301216) with 225 million shares from extended lock-up period - Weiteou (301319) with 29.8 million shares from pre-issue share restrictions - Guanshi Technology (605588) with 19,870 shares from equity incentive restrictions - Sanwang Communication (688618) with 13,500 shares - Xidi Micro (688173) with 771,800 shares - Rendu Biology (688193) with 8.4316 million shares - Jinchang Protein (688137) with 7.145 million shares - Jiao Cheng Ultrasound (688392) with 43.8612 million shares - Aike Saibo (688719) with 824,800 shares [1]

证券代码：603773 江西沃格光电集团股份有限公司 2025 年第三次临时股东会会议材料 江西沃格光电集团股份有限公司 2025 年第三次临时股东会会议材料 2025 年第三次临时股东会会议须知 尊敬的各位股东及股东代表： 为了维护江西沃格光电集团股份有限公司（以下简称"公司"）全体股东的合法权 益，确保股东会的正常秩序和议事效率，根据《公司章程》及《公司股东会议事规则》 及相关法律法规的规定，特制定本次股东会会议须知，请出席股东会的全体人员遵照执 行： 二〇二五年十月 江西沃格光电集团股份有限公司 2025 年第三次临时股东会会议材料 目 录 | 2025 年第三次临时股东会会议须知 | | 2 | | --- | --- | --- | | 2025 年第三次临时股东会会议议程 | | 5 | | 议案一：关于《公司 2025 | 年员工持股计划（草案）》及其摘要的议案 | 6 | | 议案二：关于《公司 2025 | 年员工持股计划管理办法》的议案 | 7 | | 议案三：关于提请股东会授权董事会办理 | 2025 年员工持股计划相关事宜的议案 | 8 | 1 一、本次股东会采用现场投票和网络投票相结 ...