凌云光公告称，公司第二届董事会第二十六次会议审议通过相关议案。公司拟将第二次回购计划中 348.075万股的用途，由"用于员工持股计划或股权激励"变更为"用于注销并相应减少注册资本"。注销 后，公司总股本将由46097.6733万股减至45749.5983万股，注册资本也相应减少。该议案尚需提交股东 会审议。此外，董事会同意择期召开股东会并另行发布通知。 ...

格隆汇2月2日丨凌云光(688400.SH)在投资者互动平台表示，公司基于"AI+视觉"核心技术，深度布局工 业制造多行业、多场景的智能制造需求，为国内外领先企业提供智能制造与质检解决方案。目前，公司 AI产品已开始服务国际头部企业AI服务器的智能生产与检测，相关业务尚处于早期发展阶段，后续公 司将持续深化该领域的产品适配与市场拓展，服务好全球客户、为客户创造价值。 ...

格隆汇2月2日丨凌云光(688400.SH)在投资者互动平台表示，公司基于"AI+视觉"核心技术，深度布局工 业制造多行业、多场景的智能制造需求，为国内外领先企业提供智能制造与质检解决方案。目前，公司 AI产品已开始服务国际头部企业AI服务器的智能生产与检测，相关业务尚处于早期发展阶段，后续公 司将持续深化该领域的产品适配与市场拓展，服务好全球客户、为客户创造价值。 ...

Core Viewpoint - The visual inspection system is transforming traditional industrial production by integrating automation and intelligence, moving away from reliance on manual inspection. The market size for China's visual inspection system is projected to reach approximately 3.264 billion yuan in 2024, with a year-on-year growth of 9.71% [6]. Industry Overview - The visual inspection system is an automated detection solution based on computer vision technology, utilizing industrial cameras, light sources, image processing, and algorithm modules for non-contact data collection, analysis, and judgment. It is categorized into online and offline inspection systems, with online systems providing real-time, fully automated inspection on production lines, while offline systems offer flexibility and cost advantages [1][3]. Industry Chain - The upstream of the visual inspection system industry includes components such as light sources, industrial lenses, industrial cameras, image sensors, and AI platforms. The midstream involves the manufacturing and system integration of visual inspection systems, while the downstream applications span various sectors including electronics, automotive, semiconductors, and healthcare [3]. Market Size - The visual inspection system market in China is expected to reach approximately 3.264 billion yuan in 2024, reflecting a year-on-year increase of 9.71% [6]. Key Companies' Performance - Key players in the visual inspection system industry include: - **Tianzhun Technology**: Focuses on creating a leading visual equipment platform, with a significant drop in revenue for visual inspection equipment in the first half of 2025, amounting to 0.065 billion yuan, a decrease of 70.81% year-on-year [7]. - **Dahua Technology**: Utilizes AI technology to drive intelligent video perception systems, expanding its product offerings across various sectors [9]. - **Lingyun Optical**: Achieved a revenue of 2.127 billion yuan in the first three quarters of 2025, marking a year-on-year growth of 34.30% [9]. Industry Development Trends 1. **Technological Transformation**: The core technology of visual inspection is shifting from 2D to 3D vision combined with AI, enabling the detection of complex defects and enhancing analysis efficiency [10]. 2. **Application Expansion**: The application of visual inspection technology is broadening from standardized manufacturing to flexible and diverse scenarios, including healthcare and logistics [11]. 3. **Ecosystem Development**: The focus is moving towards high-end breakthroughs and collaborative ecosystem building, emphasizing domestic innovation and reducing reliance on imports [12].

Group 1 - Guangdong Mingzhu expects a net profit increase of 2908.49%-3577.04% year-on-year for 2025 [1] - Sainuo Medical anticipates a net profit growth of 2767%-3233% year-on-year for 2025 [1] - Lingdian Electric Control forecasts a net profit rise of 640.16%-804.64% year-on-year for 2025 [1] - Bojie Co. predicts a net profit increase of 484.16%-618.97% year-on-year for 2025 [1] - Kexing Pharmaceutical expects a net profit growth of 328.83%-455.89% year-on-year for 2025 [1] - Xiangcai Co. anticipates a net profit increase of 266.41%-403.81% year-on-year for 2025 [1] - Xinyi Sheng forecasts a net profit rise of 231.24%-248.86% year-on-year for 2025 [1] - Tongzhou Electronics predicts a net profit increase of 151.40%-230.42% year-on-year for 2025 [1] - Zhaofeng Co. expects a net profit growth of 136.26%-164.89% year-on-year for 2025 [1] - Kaige Precision Machinery anticipates a net profit increase of 133.99%-193.55% year-on-year for 2025 [1] - Sankeshu forecasts a net profit rise of 128.96%-189.21% year-on-year for 2025 [1] - Huazi Industrial expects a net profit growth of 128.00%-167.00% year-on-year for 2025 [1] - Zhite New Materials anticipates a net profit increase of 117.11%-171.39% year-on-year for 2025 [1] - Ecovacs expects a net profit growth of 110.90%-123.30% year-on-year for 2025 [1] - Jingquan Hua forecasts a net profit increase of 109.32%-140.72% year-on-year for 2025 [1] - Guoxuan High-Tech anticipates a net profit rise of 107.16%-148.59% year-on-year for 2025 [1] - Changjiang Securities expects a net profit growth of 101.37% year-on-year for 2025 [1] - Shanwaishan forecasts a net profit increase of 98%-125% year-on-year for 2025 [1] - Zhongji Xuchuang anticipates a net profit rise of 89.50%-128.17% year-on-year for 2025 [1] - Huachuang Yuxin expects a net profit growth of 86%-175% year-on-year for 2025 [1] - Kori Technology forecasts a net profit increase of 68.61%-115.25% year-on-year for 2025 [1] - Western Gold anticipates a net profit rise of 67.58%-93.21% year-on-year for 2025 [1] - Shandong Gold expects a net profit growth of 56%-66% year-on-year for 2025 [1] - Huaxi Biological anticipates a net profit increase of 54.93%-83.63% year-on-year for 2025 [1] - Nairui Radar expects a net profit growth of approximately 54.16% year-on-year for 2025 [1] - Lingyun Optical anticipates a net profit rise of approximately 50.75% year-on-year for 2025 [1] - Zhongjin Company expects a net profit increase of 50%-85% year-on-year for 2025 [1] - Dongwu Securities forecasts a net profit growth of 45%-55% year-on-year for 2025 [1] - Longping High-Tech anticipates a net profit increase of 14.17%-66.86% year-on-year for 2025 [1] Group 2 - Jiangfeng Electronics expects a net profit increase of 7.5%-27.5% year-on-year for 2025 [2]

Group 1: Earnings Forecasts - Han's Laser expects a net profit of 1.85 billion to 2.15 billion yuan for 2025, marking a turnaround from losses in the previous year [9] - Zhongji Xuchuang anticipates a net profit increase of 89.50% to 128.17% for 2025, projecting profits between 9.8 billion to 11.8 billion yuan [2] - Perfect World forecasts a net profit of 720 million to 760 million yuan for 2025, also reversing previous losses [25] - Yihua Lifestyle expects a net profit of 8 billion to 10 billion yuan for 2025, compared to a loss of 1.696 billion yuan in the previous year [21] - Guizhou Mingzhu anticipates a staggering net profit increase of 2908.49% to 3577.04% for 2025, projecting profits between 166 million to 203 million yuan [25] - Kexing Pharmaceutical expects a net profit increase of 328.83% to 455.89% for 2025, projecting profits between 135 million to 175 million yuan [28] Group 2: Capital Raising and Investments - Newray plans to raise no more than 1.316 billion yuan through a private placement for high-performance CNC blade industrial park projects [3] - Liyang Chip intends to raise up to 970 million yuan for integrated circuit testing projects and other initiatives [4] - Kid King plans to invest 3.3 million yuan to establish a joint venture focused on online business model innovation for family consumption [6] Group 3: Industry Developments - Tianqi Lithium's subsidiary has produced its first batch of chemical-grade lithium concentrate as part of its expansion project [5] - Yihua Lithium's subsidiary has signed a framework agreement with Indonesian state-owned enterprises to collaborate on the entire supply chain for electric vehicle batteries [7] - Longyuan Power expects a net profit increase of 51% to 73% for 2025, driven by improved profitability in its core thermal power business and expansion in renewable energy [18]

证券代码：688400 证券简称：凌云光 公告编号：2026-004 凌云光技术股份有限公司 2025 年年度业绩预告 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。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况：同比上升 1、经财务部门初步测算，预计 2025 年年度实现营业收入 29.10 亿元左右， 与上年同期相比，将增加 6.76 亿元左右，同比增加 30.26%左右。 2、预计 2025 年年度实现归属于母公司所有者的净利润 16,140.00 万元左右， 与上年同期相比，将增加 5,433.50 万元左右，同比增加 50.75%左右。 3、预计 2025 年年度实现归属于母公司所有者的扣除非经常性损益的净利润 11,800.00 万元左右，与上年同期相比，将增加 5,195.58 万元左右，同比增加 78.67% 左右。 （三）基本每股收益：0.23 元。 三、本期业绩预增的主要原因 （一）报告期内，公司持续深耕机器视觉业务，依 ...

公司持续加强战略聚焦，增强主航道核心竞争力，收缩非战略业务，以实现规模增长的同时，提升资源 投入的产值转化；同时，逐步夯实精细化管理，加强成本与费用管控，运营效率进一步优化，对净利润 增长产生积极影响。 公司于2025年1月正式完成对全球知名工业相机品牌JAIA/S的全资收购，将JAI先进光学成像技术、优质 工艺流程与先进制造，以及欧美日韩高端市场的客户与渠道纳入公司生态，进一步强化"AI+视觉"全产 业链核心竞争力，加速推进公司全球化战略布局。并购整合后，公司调整了JAI治理结构，业务更加聚 焦战略方向与战略客户，2025年JAI业绩实现了较好的同比改善。 格隆汇1月30日丨凌云光(688400.SH)公布，经财务部门初步测算，预计2025年年度实现营业收入29.10亿 元左右，与上年同期相比，将增加6.76亿元左右，同比增加30.26%左右。预计2025年年度实现归属于母 公司所有者的净利润16,140.00万元左右，与上年同期相比，将增加5,433.50万元左右，同比增加50.75% 左右。预计2025年年度实现归属于母公司所有者的扣除非经常性损益的净利润11,800.00万元左右，与上 年同期相比，将 ...

格隆汇1月30日丨凌云光(688400.SH)公布，经财务部门初步测算，预计2025年年度实现营业收入29.10亿 元左右，与上年同期相比，将增加6.76亿元左右，同比增加30.26%左右。预计2025年年度实现归属于母 公司所有者的净利润16,140.00万元左右，与上年同期相比，将增加5,433.50万元左右，同比增加50.75% 左右。预计2025年年度实现归属于母公司所有者的扣除非经常性损益的净利润11,800.00万元左右，与上 年同期相比，将增加5,195.58万元左右，同比增加78.67%左右。 公司持续加强战略聚焦，增强主航道核心竞争力，收缩非战略业务，以实现规模增长的同时，提升资源 投入的产值转化；同时，逐步夯实精细化管理，加强成本与费用管控，运营效率进一步优化，对净利润 增长产生积极影响。 公司于2025年1月正式完成对全球知名工业相机品牌JAIA/S的全资收购，将JAI先进光学成像技术、优质 工艺流程与先进制造，以及欧美日韩高端市场的客户与渠道纳入公司生态，进一步强化"AI+视觉"全产 业链核心竞争力，加速推进公司全球化战略布局。并购整合后，公司调整了JAI治理结构，业务更加聚 焦战略方 ...

Group 1 - The core viewpoint of the news is that Lingyun Technology experienced a decline in stock price and trading volume, with significant financing activities indicating a high level of market interest despite the drop [1] - On January 26, Lingyun Technology's stock fell by 3.33%, with a trading volume of 533 million yuan. The financing buy-in amount was 62.39 million yuan, while the financing repayment was 69.33 million yuan, resulting in a net financing outflow of 6.94 million yuan [1] - As of January 26, the total financing and securities lending balance for Lingyun Technology was 734 million yuan, with the financing balance accounting for 3.82% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - As of January 9, the number of shareholders for Lingyun Technology was 31,800, an increase of 1.79% from the previous period, while the average circulating shares per person decreased by 1.76% to 14,482 shares [2] - For the period from January to September 2025, Lingyun Technology achieved an operating income of 2.127 billion yuan, representing a year-on-year growth of 34.30%, and a net profit attributable to the parent company of 133 million yuan, up 18.46% year-on-year [2] - Since its A-share listing, Lingyun Technology has distributed a total of 92.28 million yuan in dividends [2]