奥比中光：拟以2000万元-4000万元回购公司股份 《科创板日报》8日讯，奥比中光(688322.SH)公告称，公司基于对未来发展前景的信心及对长期价值的 认可，拟以集中竞价交易方式回购部分已发行的人民币普通股（A股）股票，回购资金总额不低于2000 万元（含）且不超过4000万元（含）。回购股份将用于维护公司价值及股东权益，并在披露回购结果暨 股份变动公告十二个月后采用集中竞价交易方式出售。 ...

证券代码：688322 证券简称：奥比中光 公告编号：2025-013 奥比中光科技集团股份有限公司 关于持股 5%以上股东减持公司股份结果公告 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： 大股东持股的基本情况 本次减持计划实施前，上海云鑫创业投资有限公司（以下简称"上海云鑫"） 持有奥比中光科技集团股份有限公司（以下简称"公司"）股份 48,822,120 股， 占公司总股本的 12.21%，股份来源为公司首次公开发行股票并上市前取得的股 份，且已于 2023 年 7 月 7 日起上市流通。 减持计划的实施结果情况 上述减持主体无一致行动人。 二、减持计划的实施结果 （一）大股东因以下事项披露减持计划实施结果： 减持计划实施完毕 | 股东名称 | 减持数量 | 减持 | 减持期间 | 减持方式 | 减持价格区间 | 减持总金额 | 减持完成情 | 当前持股 | 当前持 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

奥比中光科技集团股份有限公司 简式权益变动报告书 签署日期：2025 年 3 月 14 日 上市公司名称： 奥比中光科技集团股份有限公司 上市地点： 上海证券交易所 股票简称： 奥比中光 股票代码： 688322 信息披露义务人： 上海云鑫创业投资有限公司 住所： 上海市黄浦区外马路 618 号 601 室 通讯地址： 浙江省杭州市西湖区西溪路 569 号蚂蚁 A 空间 股份权益变动性质： 股份减少 信息披露义务人声明 一、本报告书系依据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号—权益变动报告书》等相关法律、法规和规范性文件编制。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不 违反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》的规定， 本报告书已全面披露了信息披露义务人在奥比中光拥有权益的股份变动情况。截 至本报告书签署之日，除本报告书披露的持股信息外，信息披露义务人没有通过 任何其他方式增加或减少其在奥比中光中拥有权益的股份。 | | ...

证券代码：688322 证券简称：奥比中光 公告编号：2025-012 奥比中光科技集团股份有限公司 关于持股 5%以上股东权益变动的提示性公告 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： 本次权益变动属于持股 5%以上股东上海云鑫创业投资有限公司（以下简称 "上海云鑫"）实施前期已披露的股份减持计划，不触及要约收购。 本次权益变动后，上海云鑫持有奥比中光科技集团股份有限公司（以下简称 "公司"）股份数量由 48,822,120 股变动至 40,000,068 股，占公司总股本的比例由 12.21%变动至 10.00%。 本次权益变动为公司持股 5%以上非第一大股东正常权益变动行为，不会对 公司治理结构及持续经营产生重大影响，不会导致公司控股股东及实际控制人发生 变化。 一、本次权益变动基本情况 公司于 2025 年 3 月 14 日收到上海云鑫出具的《简式权益变动报告书》及《权 益变动情况告知函》，上海云鑫于 2025 年 1 月 10 日至 2025 年 3 月 14 日期间通过 集中竞 ...

Investment Rating - The report maintains a "Buy" rating for the company [1]. Core Viewpoints - The company is positioned as a global leader in 3D visual perception, with its products, including 3D visual sensors, driving significant revenue growth. The company has a strong market presence in the robotics sector, with over 70% market share in China's service robot market [6][49]. - The company's revenue is expected to grow rapidly from 2024 to 2026, with a forecasted revenue of 5.6 billion, 11.5 billion, and 15.1 billion yuan respectively, driven by increasing orders in the robotics industry [6][7]. - The company has a robust R&D capability, with a high R&D expense ratio exceeding 50% over the past five years, which has impacted its profitability but is expected to lead to positive earnings by 2025 [6][22]. Summary by Sections 1. Company Overview - The company, founded in 2013, specializes in 3D visual perception technology and has established a comprehensive product matrix that includes various 3D visual sensing technologies [9][10]. - It provides integrated "R&D + manufacturing" services to over 1,000 clients, with a significant focus on robotics and AI applications [9][10]. 2. Market Trends - The market for autonomous mobile robots (AMR) is projected to grow from 3.88 billion USD in 2024 to 8.02 billion USD by 2029, driven by automation trends and labor shortages [37]. - The global 3D printing market is expected to reach 19.7 billion USD in 2023, with increasing penetration of 3D printing technology across various industries [39]. - The humanoid robot market is anticipated to grow significantly, with a projected market size of 66 billion USD by 2032, driven by labor shortages and technological advancements [45]. 3. Financial Performance - The company reported total revenue of 350.05 million yuan in 2022, with a forecasted increase to 1.51 billion yuan by 2026, reflecting a compound annual growth rate (CAGR) of 31.1% [1]. - The net profit is expected to turn positive in 2025, with a forecasted net profit of 208.7 million yuan [1]. 4. Competitive Advantages - The company has established a strong competitive moat through its early market entry, extensive product offerings, and high market share in the service robot sector [6][49]. - Its proprietary technology and partnerships with leading firms enhance its product capabilities and market competitiveness [52][56].

证券研究报告·公司深度研究·光学光电子 执业证书：S0600516070001 021-60199793 zhanglw@dwzq.com.cn 证券分析师 陈海进 执业证书：S0600525020001 chenhj@dwzq.com.cn 证券分析师 周高鼎 执业证书：S0600523030003 zhougd@dwzq.com.cn 奥比中光-UW（688322） "机器之眼"逐步放量，赛道格局卡位双优 2025 年 03 月 11 日 买入（维持） | [Table_EPS] 盈利预测与估值 | 2022A | 2023A | 2024E | 2025E | 2026E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 350.05 | 360.01 | 561.50 | 1,152.00 | 1,510.23 | | 同比（%） | (26.17) | 2.84 | 55.97 | 105.16 | 31.10 | | 归母净利润（百万元） | (289.78) | (275.89) | (13.70) | 208.70 | 415.93 ...

证券代码：688322 证券简称：奥比中光 公告编号：2025-011 奥比中光科技集团股份有限公司 关于持股 5%以上股东权益变动触及 1%的提示性公告 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： 本次权益变动属于持股 5%以上股东上海云鑫创业投资有限公司（以下简称 "上海云鑫"）实施前期已披露的股份减持计划，不触及要约收购，不涉及披露权 益变动报告书。 本次权益变动前，上海云鑫持有奥比中光科技集团股份有限公司（以下简称 "公司"）股份 48,000,120 股，占公司总股本的 12.00%；本次权益变动后，上海云 鑫持有公司股份 44,000,020 股，占公司总股本的 11.00%。 本次权益变动不会导致公司控股股东及实际控制人发生变化。 一、本次权益变动基本情况 公司于 2025 年 3 月 10 日收到上海云鑫出具的《关于权益变动触及 1%的告知 函》，上海云鑫于 2025 年 3 月 4 日至 2025 年 3 月 10 日期间通过集中竞价和大宗交 易方式合计减持公司股份 4,0 ...

Investment Rating - The investment rating for the company is "Accumulate" [4] Core Views - The humanoid robot industry is entering a period of rapid expansion, with a projected demand of approximately 2.04 million units and a market space of about 305 billion yuan by 2030 in the manufacturing and housekeeping sectors of China and the US [1] - The demand for 3D visual sensors for humanoid robots is expected to grow significantly, from 14 million yuan in 2025 to 915 million yuan in 2030, with a CAGR of 132% [1] - The company is positioned in the top tier globally for 3D visual perception technology, with a comprehensive technology development capability across six major 3D visual sensing technologies [2] - The company has a strong product presence across various industries, serving over 1,000 clients including major players like Ant Group and China Mobile [2] - Ant Group, a major shareholder and client, has announced its entry into the humanoid robot field, indicating potential for deepened collaboration in the robot vision sensor domain [3] Financial Forecast and Valuation - Revenue projections for the company from 2024 to 2026 are 560 million, 810 million, and 1.22 billion yuan, representing year-on-year growth rates of 56%, 44%, and 51% respectively [4] - The company is expected to reduce its net loss from 60 million yuan in 2024 to a profit of 140 million yuan in 2026, with a significant increase in net profit growth of 787% in 2026 [4] - The price-to-sales (P/S) ratio is projected to decrease from 47 in 2024 to 22 in 2026, indicating improving valuation metrics [4]

Financial Performance - In 2024, the company achieved total operating revenue of RMB 56,218.58 million, an increase of 56.16% compared to the same period last year[4]. - The net profit attributable to the parent company was a loss of RMB 5,998.77 million, a reduction in loss of 78.26% year-on-year[6]. - The basic earnings per share were RMB -0.15, showing a significant reduction in loss compared to RMB -0.69 in the previous year[4]. Assets and Equity - The total assets at the end of 2024 were RMB 333,568.87 million, a decrease of 1.43% from the beginning of the period[7]. - The equity attributable to the parent company decreased by 4.83% to RMB 286,999.33 million[7]. Operational Strategy - The company focused on essential downstream markets, leading to significant growth in overall shipment volume and sales revenue[9]. - The company implemented cost reduction and efficiency enhancement measures, contributing to improved profitability despite ongoing losses[8]. - The company plans to enhance production capacity and optimize mass production planning in line with the successful launch of its 3D visual perception smart manufacturing base[8]. - The company is committed to the strategy of "technology innovation investment - commercial results transformation," accelerating the promotion of emerging scenarios and optimizing product structure[8]. Reporting Accuracy - The company has not identified any major uncertainties affecting the accuracy of this performance report[10].

本次权益变动前，上海云鑫持有奥比中光科技集团股份有限公司（以下简称 "公司"）股份 48,822,120 股，占公司总股本的 12.21%；本次权益变动后，上海云 鑫持有公司股份 48,000,120 股，占公司总股本的 12.00%。 本次权益变动不会导致公司控股股东及实际控制人发生变化。 一、本次权益变动基本情况 证券代码：688322 证券简称：奥比中光 公告编号：2025-008 奥比中光科技集团股份有限公司 关于持股 5%以上股东权益变动触及 1%的提示性公告 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： 本次权益变动属于持股 5%以上股东上海云鑫创业投资有限公司（以下简称 "上海云鑫"）实施前期已披露的股份减持计划，不触及要约收购，不涉及披露权 益变动报告书。 1、本次权益变动未违反股东减持承诺，不存在违反《中华人民共和国证券法》《上市公司收 购管理办法》等法律法规和上海证券交易所业务规则等相关规定的情形。 2、本次权益变动所涉及股份均享有表决权，不存在表决权委托或受限等任何权利限 ...