Group 1 - The company has made a commitment not to reduce or transfer shares held by its actual controllers for 12 months starting from July 7, 2025, following the unlocking of 224 million shares [1] - The company has successfully acquired JAI and is actively integrating both companies' operations, focusing on enhancing their core competitiveness and market influence in the international market [1] - The consumer electronics industry is experiencing a mild recovery, driven by AI technology, new product iterations, and supportive government policies, which collectively contribute to a positive outlook for the sector [1] Group 2 - The company is focusing on domestic substitution in configurable vision systems and upgrading industrial intelligent production lines as key growth drivers in the consumer electronics sector [1] - The company is committed to sustainable development by expanding product offerings and conducting market research to meet future product demands [1] - The company is enhancing algorithm versatility and usability to meet new market demands, achieving high accuracy in defect detection models [1] Group 3 - The company is investing in research and development for next-generation products in key areas such as consumer electronics, new energy, and semiconductors, collaborating with major clients like Foxconn [1] - The integration of visual technology, AI algorithms, and big data analysis into manufacturing processes is expected to improve production efficiency and product quality [1] - The company has developed a comprehensive solution for humanoid robots, including high-precision quality control systems for mass production [2]

证券代码：688400 证券简称：凌云光 公告编号：2025-057 凌云光技术股份有限公司 关于以集中竞价交易方式 第四次回购公司股份的进展公告 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： 因实施 2024 年年度权益分派，公司本次以集中竞价交易方式回购股份价格上 限由不超过人民币 35.00 元/股（含）调整为不超过人民币 34.98 元/股（含）。 具体内容详见 2025 年 6 月 16 日于上海证券交易所网站（www.sse.com.cn）披露 的《关于 2024 年年度权益分派实施后调整回购价格上限的公告》。 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相关规定，现将公司第四次回购进展情况公告如下： 截至 2025 年 06 月 30 日，公司通过上海证券交易所交易系统以集中竞价交易 方式首次回购公司股份 17,515 股，占公司总股本 46,097.67 万股的比例为 0.0038%， 回购成交的最高价为 28.63 元/股 ...

Core Insights - The core technology for humanoid robots is motion control, which is essential for dynamic gait, precise operations, and environmental adaptability [1] - The humanoid robot industry faces both opportunities and challenges, with potential applications in various sectors such as industrial automation, medical rehabilitation, and education [1] - Precise complex motion control technology is fundamental for the widespread application of humanoid robots [2] Industry Overview - Humanoid robots are characterized by human-like form and functions, and their development is driven by advancements in robotics control and AI technology [1] - The industry is experiencing rapid evolution due to continuous influx of capital and talent, although large-scale commercialization still faces technical, economic, and social challenges [1] Motion Control Techniques - Motion control for humanoid robots can be categorized into model-based control and data-driven control, each with unique advantages [3] - Model-based control relies on accurate modeling and manual parameter adjustments, while data-driven control allows robots to learn motion strategies from experience [3] - A hybrid control approach combines both methods to enhance adaptability and robustness, improving the operational capabilities of humanoid robots [3] Key Players and Beneficiaries - Leading companies like Tesla with Optimus, Yushun with G1, and Boston Dynamics with Atlas demonstrate strong motion control capabilities [4] - The development of motion control software algorithms is typically conducted in-house by robot manufacturers, while hardware components may be sourced from third-party suppliers [4] - Training-related hardware such as motion capture devices and simulation software tools are often provided by third-party vendors or open-source platforms [4]

Core Viewpoint - The report outlines the verification opinion of China International Capital Corporation regarding the listing and circulation of restricted shares of Lingyun Optical Technology Co., Ltd. after its initial public offering, emphasizing compliance with relevant regulations and the commitment of shareholders not to reduce their holdings for a specified period [1][10]. Group 1: Restricted Shares Listing - The restricted shares being listed for circulation total 223,777,585 shares, representing 48.5442% of the company's total share capital [9]. - The listing date for these restricted shares is set for July 7, 2025, as July 6, 2025, is a non-trading day [9]. - The total number of shares issued during the initial public offering was 10,350,000, with a total share capital of 463,500,000 shares post-IPO [1]. Group 2: Changes in Share Capital - Following the repurchase and cancellation of 2,523,267 shares, the company's total share capital decreased from 463,500,000 shares to 460,976,733 shares [2]. - No other events have occurred that would affect the number of shares since the formation of the restricted shares [2]. Group 3: Shareholder Commitments - Shareholders have committed not to transfer or reduce their holdings of restricted shares for 36 months from the date of the IPO [3][4]. - If the share price falls below the IPO price, the lock-up period will automatically extend by at least 6 months [3]. - The controlling shareholders have voluntarily committed not to transfer or reduce their holdings for 12 months following the lifting of the lock-up period on July 7, 2025 [9]. Group 4: Compliance and Verification - The verification opinion confirms that the company has adhered to the relevant laws and regulations regarding the listing of restricted shares [10]. - The report states that the information disclosed by Lingyun Optical regarding the restricted shares is true, accurate, and complete [10].

Core Viewpoint - The announcement details the upcoming listing and circulation of 223,777,585 restricted shares of Lingyun Technology Co., Ltd., which will be available for trading starting July 7, 2025, following a voluntary commitment by shareholders not to reduce their holdings for 12 months [1][11]. Summary by Sections 1. Type of Restricted Shares - The restricted shares are part of the company's initial public offering (IPO) and were approved by the China Securities Regulatory Commission. The total number of shares issued in the IPO is 463,500,000, with 380,193,793 shares subject to restrictions, accounting for 82.03% of the total [2]. 2. Changes in Share Capital - Following the cancellation of 2,523,267 shares from a buyback plan, the company's total share capital decreased from 463,500,000 to 460,976,733 shares. No other changes in share capital have occurred since the formation of the restricted shares [3]. 3. Commitments Regarding Restricted Shares - Shareholders have committed not to transfer or reduce their holdings of restricted shares for 36 months from the IPO date. This commitment includes provisions for extending the lock-up period if certain conditions are met [6][10]. 4. Listing and Circulation Details - The total number of restricted shares to be listed is 223,777,585, which represents 48.5442% of the company's total share capital. The listing date is set for July 7, 2025 [11][12]. 5. Shareholder Commitment Not to Reduce Holdings - Major shareholders, including the controlling shareholder and management, have voluntarily committed not to transfer or reduce their holdings for 12 months starting from the listing date. This commitment aims to promote the company's stable development and protect investor interests [13].

的核查意见 中国国际金融股份有限公司（以下简称"中金公司"或"保荐机构"）作为凌云 光技术股份有限公司（以下简称"凌云光"或"公司"）首次公开发行股票并在科创 板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所 科创板股票上市规则》《科创板上市公司持续监管办法（试行）》《上海证券交易 所科创板上市公司自律监管指引第1号——规范运作》等相关法律、法规和规范 性文件的规定，对凌云光首次公开发行部分限售股上市流通暨承诺不减持事项进 行了核查，具体核查情况如下： 中国国际金融股份有限公司 关于凌云光技术股份有限公司 首次公开发行部分限售股上市流通暨承诺不减持事项 一、本次上市流通的限售股类型 根据中国证券监督管理委员会《关于同意凌云光技术股份有限公司首次公开 发行股票注册的批复》（证监许可〔2022〕719号），同意公司首次公开发行股票 的注册申请。并经上海证券交易所同意，公司首次向社会公众公开发行A股股票 90,000,000股（行使超额配售选择权之前），并于2022年7月6日在上海证券交易所 科创板上市。公司首次公开发行A股股票超额配售选择权已于2022年8月4日全额 行使，对应新增发行股数1 ...

证券代码：688400 证券简称：凌云光 公告编号：2025-056 凌云光技术股份有限公司 重要内容提示： 凌云光技术股份有限公司（以下简称"公司"）本次股票上市类型为首发限 售股份；股票认购方式为网下，上市股数为223,777,585股。 本次股票上市流通总数为223,777,585股。 本次股票上市流通日期为2025 年 7 月 7 日（因 2025 年 7 月 6 日为非交易 日，故顺延至下一交易日）。 本次解除限售股东已自愿承诺自 2025 年 7 月 7 日起未来 12 个月内（即所 持股票自解除限售日 2025 年 7 月 7 日至 2026 年 7 月 6 日）不以任何方式转让或 减持其持有的公司股票。具体内容详见公司于 2025 年 5 月 16 日在上海证券交易 所网站（www.sse.com.cn）披露的《关于公司控股股东、实际控制人自愿承诺不减 持公司股份的公告》。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会《关于同意凌云光技术股份有限公司首次公开 发行股票注册的批复》（证监许可〔2022〕719 号），同意公司首次公开发行股票的 注册申请。并经上海证券交易所同意，公司首 ...

证券代码：688400 证券简称：凌云光 公告编号：2025-055 凌云光技术股份有限公司关于自愿披露 参股公司向香港联交所递交上市申请的公告 2025 年 6 月 21 日 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。 凌云光技术股份有限公司（以下简称"公司"）从参股公司长春长光辰芯微电 子股份有限公司（以下简称"长光辰芯"）处获悉，其已于 2025 年 6 月 19 日向 香港联合交易所有限公司（以下简称"香港联交所"）递交了首次公开发行境外 上市股份（H 股）并在香港联交所主板上市（以下简称"本次发行"）的申请， 并于同日在香港联交所网站刊登了本次发行的申请资料。 长光辰芯主营业务为高性能 CMOS 图像传感器的研发、设计、测试与销售 以及相关的定制业务，其产品主要应用于机器视觉、科学仪器和专业影像等高科 技领域。截至本公告披露日，公司持有长光辰芯 10.22%的股份。 长光辰芯申请资料按照香港证券及期货事务监察委员会及香港联交所的要 求编制和刊发，为草拟版本，其所载资料可能会适时作出更新和变动。 特此公告。 凌 ...

Summary of the Conference Call for Lingyun Optical Company Overview - Lingyun Optical reported Q1 revenue of 614 million yuan, a nearly 40% year-on-year increase, with machine vision revenue at 461 million yuan [2][4] - The company focuses on machine vision, providing products and solutions for industries such as consumer electronics, new energy, printing and packaging, and new displays [4] - The acquisition of JAI, a European machine vision company, was completed in January 2025, contributing approximately 40-50 million yuan to Q1 revenue [4][14] Key Points and Arguments - **Revenue Growth**: - Machine vision revenue grew over 80% due to increased demand from AI smartphones [2][5] - The printing and packaging sector is expected to grow by 30% in 2025 [2][5] - The motion capture (MoCap) business doubled in Q1 2025, driven by increased demand for humanoid robot data collection [2][6] - **Technological Advancements**: - Optical motion capture products have sub-millimeter precision, providing a significant advantage in motion calibration [2][6] - The company is investing approximately 450-460 million yuan annually in R&D, focusing on optical computing and software algorithms [4] - **Market Position**: - Lingyun Optical's main competitors in the motion capture market include Liyade and its subsidiaries, as well as non-listed companies like Duliang and Qingtong [2][10] - The company has established partnerships with major clients such as Nvidia, enhancing its product integration capabilities [3][11] - **Future Outlook**: - The company anticipates a revenue growth rate of over 20% for the full year, with profit growth expected to outperform revenue growth due to improved AI capabilities and cost reduction measures [4][20] - The consumer electronics sector is projected to grow by over 20%, driven by new products like AI smartphones and foldable screens [4][15] Additional Important Information - **Investment in Facilities**: - A data collection factory of 400 square meters with 100 workstations requires an investment of approximately 50 million yuan [7] - The market value of a single optical motion capture device is estimated at 200,000 to 300,000 yuan [7] - **Data Collection Needs**: - Small demo-level data collection scenarios require around 100,000 data points, while consumer-level applications may need millions, and industrial-level applications could reach tens of millions [8][9] - **Customer Engagement**: - The company collaborates with leading humanoid robot firms and has established a material center in Beijing [12] - The integration of JAI is expected to enhance product offerings and global market reach [14] - **Sector-Specific Insights**: - The automotive sector is a key focus for expansion, with ongoing collaborations post-JAI acquisition [17] - The optical communication business is expected to maintain stability and see growth through investments in cutting-edge technology [18] This summary encapsulates the essential insights from the conference call, highlighting Lingyun Optical's performance, strategic direction, and market positioning.

本公司董事会及全体董事保证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。 证券代码：688400 证券简称：凌云光 公告编号：2025-053 凌云光技术股份有限公司 重要内容提示： ? 是否涉及差异化分红送转：是 ? 每股分配比例 每股现金红利0.025元 ? 相关日期 股权登记日 除权（息）日 现金红利发放日 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经凌云光技术股份有限公司（以下简称"公司"）2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 根据公司 2024 年年度股东大会审议通过的《关于公司 2024 年度利润分配预 案的议案》，公司拟以实施权益分派股权登记日登记的总股本扣减公司回购专用证 券账户中股份为基数，向全体股东每 10 股派发现金红利 0.25 元（含税），不送红 股，不以资本公积转增股本，在实施权益分派的股权登记日前公司总股本扣减公 司回购专用证券账户中股份这一基数发生变动的，按照每股分配比例不变的原则 对分配总额进行调整。 截至本公告披露日，公司总股本为 460,976,733 股 ...