Core Viewpoint - The share reduction plan by Xigao Investment in Juguang Technology has been completed, resulting in a decrease in their ownership stake in the company [1] Group 1: Shareholding Changes - Before the reduction, Xigao Investment held 864,224 shares, accounting for 0.9618% of the total share capital [1] - The reduction plan disclosed on August 25, 2025, indicated that Xigao Investment intended to reduce its holdings by up to 127,641 shares, which is up to 0.1420% of the total share capital [1] - The actual reduction period was from September 16 to December 9, 2025, during which Xigao Investment sold 127,641 shares at prices ranging from 139.00 to 164.53 yuan per share, totaling 18.9343 million yuan [1] Group 2: Post-Reduction Ownership - After the share reduction, Xigao Investment's remaining shares amount to 736,583, representing 0.8197% of the total share capital [1]

Group 1 - The core point of the article is that Juguang Technology announced the completion of a share reduction plan by shareholder Wang Donghui, who reduced his holdings by 2,695,785 shares, accounting for 3% of the total share capital [1] - The total amount of the share reduction was 323,242,641.11 yuan, indicating a significant financial transaction [1] - The reduction took place between September 16, 2025, and December 8, 2025, through centralized bidding and block trading [1]

Shareholder Reduction - Shandong Electric Power Construction plans to reduce its stake in Liyuan New Energy by 1% [1] - Chiyao Investment and its concerted parties intend to reduce their holdings in Haomei New Materials by no more than 0.4404% [1] - Shareholder Xiang Jinyu of Aokang International aims to reduce his stake by no more than 3% [1] - The controlling shareholder of Donghua Testing and its concerted parties plan to reduce their holdings by no more than 1.99% [1] - The actual controller's concerted parties of Kute Intelligent plan to reduce their stake by no more than 2% [1] - Runke Investment intends to reduce its stake in Meixin Technology by no more than 1.6047% [1] - Guochuang Kaiyuan plans to reduce its holdings in Shanshi Network Technology by no more than 180.24 million shares [1] - The controlling shareholder of Shenzhou Information intends to reduce its stake by no more than 2.9543% [1] - Shareholder Wang Donghui of Juguang Technology plans to reduce 2.6958 million shares [1] - Shareholder Fan Jianhua of Dingxin Communications has completed the reduction of 2 million shares [1] - Shareholder Ouyang Ruiqun of Wanlang Magnetic has reduced 1.5984 million shares [1] - Shareholder Guangxin Group of Shengyi Technology has reduced 12.9101 million shares [1] - Advanced Manufacturing Fund and Beijing-Tianjin-Hebei Fund collectively reduced 1.03% of their holdings in Tianzhihang [1] Other Corporate Actions - SIRUI Technology has terminated its major asset restructuring plan and its stock has resumed trading [1] - ST Meichen and its wholly-owned subsidiary have been included in the list of dishonest executors [1]

Group 1 - The Scale Up optical interconnection solution is approaching, with companies like Nvidia, Google, and Meta starting to introduce optical technology into cabinet scenarios from the second half of 2026 [1][17] - In the Scale Up scenario, the value of FAU, CW laser light sources, and MPO/MTP/MMC connectors is expected to increase [2][18] Group 2 - FAU (Fiber Array Unit) is a high-precision passive optical device that arranges multiple optical fibers at preset intervals using a V-shaped groove substrate, forming a dense optical signal transmission channel [3][19] - FAU is essential for connecting optical engines and optical fibers, serving as a critical component in optical modules and CPOs, offering advantages such as high precision (micron level), high density (e.g., 48 cores), low loss, and high reliability [4][20] Group 3 - The composition of FAU includes optical fibers (core carriers for transmitting optical signals), substrates (mechanical support), and V-shaped groove substrates (for precise fiber positioning) [5][21][23] - FAU is primarily embedded between the optical engine and optical fiber interface within optical modules, with distinct roles at the transmitting end (Tx) and receiving end (Rx) [8][24] Group 4 - D-FAU (Detachable Fiber Array Unit) introduces a detachable and replaceable mechanism, enhancing maintainability by separating the fiber array from the substrate support structure [9][10][25] - FCFAU (Multi-channel Fiber Coupling Array) is an optimized version of multi-channel FAU, utilizing optical coupling elements to achieve higher coupling efficiency, density, and thermal stability, mainly applied within CPO optical engines [11][12][27] Group 5 - The domestic supply landscape includes Tianfu Communication, a leading global manufacturer of high-speed optical devices that has invested in FCFAU development [13][30] - Guangku Technology focuses on fiber laser devices and optical communication devices, having acquired Anjie Xun and Jiahua Weijie to expand into FAU [14][31] - Zhishang Technology specializes in optical communication devices and consumer electronics, providing OEM and interface services for SENKO MPC (D-FAU) [15][32] - Juguang Technology specializes in laser components and optical elements, with micro-lens arrays applicable to D-FAU, PIC ends, and ELS modules [16][33]

股东持有的基本情况 证券代码：688167 证券简称：炬光科技 公告编号：2025-089 西安炬光科技股份有限公司 股东减持股份结果公告 本公司董事会、全体董事及相关股东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： 本次减持计划实施前，王东辉持有西安炬光科技股份有限公司（以下简称"公 司"）股份 5,969,128 股，占公司总股本的 6.6427%。上述股份均为在公司首次公 开发行前取得的股份，已于 2024 年 12 月 24 日解除限售并上市流通。 减持计划的实施结果情况 2025 年 8 月 25 日，公司披露了《西安炬光科技股份有限公司股东减持股份 计划公告》（公告编号：2025-058），王东辉拟通过集中竞价交易方式减持不超 过 898,595 股股份，即不超过公司总股本的 1%；通过大宗交易方式减持不超过 1,797,190 股股份，即不超过公司总股本的 2%。 2025 年 12 月 9 日，公司收到王东辉出具的《股份减持计划实施结果告知函》， 其按照上述减持计划已实施完毕。 现将减持计划实施结果情况公告如 ...

每经AI快讯，炬光科技（SH 688167，收盘价：166.8元）12月9日晚间发布公告称，2025年12月9日，公 司收到王东辉出具的《股份减持计划实施结果告知函》，共减持公司股份约269.58万股，减持比例 3%，其减持计划已实施完毕。 2024年1至12月份，炬光科技的营业收入构成为：计算机和通信和其他电子设备制造业占比99.59%，其 他业务占比0.41%。 （记者 王晓波） 截至发稿，炬光科技市值为150亿元。 每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 ...

Core Viewpoint - The shareholder Wang Donghui has completed his share reduction plan, impacting the company's shareholding structure significantly [1] Summary by Relevant Sections Shareholder Reduction - Wang Donghui held 5,969,128 shares before the reduction, representing 6.6427% of the total share capital [1] - From September 16 to December 8, 2025, he reduced his holdings by a total of 2,695,785 shares, which is 3% of the total share capital [1] - The reduction was executed through two methods: 898,595 shares were sold via centralized bidding and 1,797,190 shares through block trading [1] Financial Impact - The share reduction occurred at a price range of 94.90 to 166.02 yuan per share, resulting in a total transaction amount of 323 million yuan [1] - Post-reduction, Wang Donghui's remaining shares amount to 3,273,343, which is 3.6427% of the total share capital [1]

Group 1 - The core point of the article is that Juguang Technology (688167.SH) has completed a share reduction plan initiated by Wang Donghui, resulting in a total reduction of 2.6958 million shares [1] - Wang Donghui reduced 898,600 shares through centralized bidding and 1,797,200 shares through block trading [1] - The share reduction plan has been fully implemented as of December 9, 2025 [1]

Core Viewpoint - The company announced that shareholder Wang Donghui has completed the previously disclosed share reduction plan, reducing his stake in the company from 6.6427% to 3.6427% [1] Summary by Relevant Sections - **Share Reduction Details** - Wang Donghui reduced his holdings by a total of 2,695,785 shares, which represents 3% of the company's total share capital [1] - The reduction occurred between September 16, 2025, and December 8, 2025, through centralized bidding and block trading [1] - The share reduction was executed at a price range of 94.90 to 166.02 yuan per share, resulting in a total reduction amount of 323 million yuan [1]

Group 1 - The core point of the news is that Juguang Technology experienced significant trading activity on December 8, with a total of 4 block trades amounting to 152,000 shares and a total transaction value of 20.54 million yuan, all executed at a discount to the closing price [2][3] - Over the past three months, Juguang Technology has recorded a total of 52 block trades, with a cumulative transaction value of 366 million yuan [2] - On December 8, Juguang Technology's closing price was 157.17 yuan, reflecting an increase of 8.40%, with a daily turnover rate of 10.22% and a total trading volume of 1.42 billion yuan [2] Group 2 - The latest margin financing balance for Juguang Technology is 841 million yuan, which has decreased by 91.66 million yuan over the past five days, representing a decline of 9.83% [3] - Juguang Technology was established on September 21, 2007, with a registered capital of 89.86 million yuan [3] - The block trades on December 8 included various transaction prices, with the highest being 136.17 yuan, reflecting a discount of 13.36% relative to the closing price [3]