2024 年 1 月 23 日，公司完成首次回购计划，实际回购公司股份 2,523,267 股， 占公司总股本的 0.5444%，使用资金总额 59,997,038.89 元（不含印花税、交易佣 金 等 交 易 费 用 ） 。 具 体 内 容 详 见 公 司 同 日 披 露 于 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）的《关于股份回购实施结果公告》。 证券代码：688400 证券简称：凌云光 公告编号：2025-052 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： | 回购方案首次披露日 | 2024/11/29 | | --- | --- | | 回购方案实施期限 | 待董事会审议通过后 12 个月 | | 预计回购金额 | 5,000.00万元~10,000.00万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | □为维护公司价值及股东权益 | ...

Core Insights - The "CMG World Robot Competition - Mecha Fighting Arena" concluded on May 25, showcasing the capabilities of the Yushu G1 robots in combat skills and motion control [1][2] - Yushu Technology's humanoid robots are expected to achieve a shipment of 1,000 units by 2025, indicating a faster industrialization process [6] Group 1: Event Overview - The competition took place in Hangzhou and was broadcasted live by CCTV Science and Education Channel, featuring four teams competing with Yushu G1 robots [2] - The competition format was based on a point system, consisting of three rounds, each lasting two minutes [2] Group 2: Robot Performance - Yushu G1 robots demonstrated advanced motion control capabilities, executing complex combat moves such as side kicks, knee strikes, and combinations with fluidity and power [3] - The robots exhibited strong balance and recovery abilities, maintaining upright posture after being struck and smoothly transitioning from a fallen position back to standing [3] Group 3: Software and Learning Progress - The robots learned combat skills through a pre-training model that includes real data from professional fighters and video data for imitation learning [4] - The robots' action output is linked to remote control commands, allowing for quick decision-making and execution based on environmental assessments [4] Group 4: Hardware Capabilities - The robots are equipped with high-performance motors, depth cameras, laser radars, and sensors, enhancing their motion output and perception [5] - Lightweight materials contribute to the robots' agility and flexibility during operations [5] Group 5: Industry Outlook - The humanoid robots' skill sets are expanding, and the acceleration of model evolution is crucial for commercial viability and adaptability across various tasks [6] - Investment recommendations include companies such as Zhongda Lide, Changsheng Bearing, and Aobi Zhongguang, with additional attention suggested for Shoucheng Holdings, Wolong Electric Drive, and Lingyun Optics [7]

Core Viewpoint - The company has adjusted its cash dividend distribution for the fiscal year 2024, reducing the total amount from 11,373,310.03 yuan to 11,372,872.15 yuan due to the cancellation of repurchased shares [1][2][3] Group 1: Profit Distribution Adjustment - The total cash dividend amount for 2024 is adjusted to 11,372,872.15 yuan (including tax) from the previous amount of 11,373,310.03 yuan (including tax) [1] - The company plans to distribute a cash dividend of 0.25 yuan (including tax) for every 10 shares, with no stock dividends or capital reserve transfers [2][3] - As of March 31, 2025, the total share capital was 463,500,000 shares, and after accounting for repurchased shares, the actual participating share capital for profit distribution is 454,914,886 shares [1][2] Group 2: Share Repurchase Impact - The company has repurchased a total of 17,515 shares through the Shanghai Stock Exchange, with 6,061,847 shares currently held in the repurchase account, which will not participate in the profit distribution [1][2] - The adjustment in the profit distribution amount is based on maintaining the per-share distribution ratio despite changes in the total share capital [2][3]

公司于 2025 年 4 月 25 日召开第二届董事会第十六次会议、第二届监事会第 十四次会议，2025 年 5 月 20 日召开 2024 年年度股东大会，审议通过了《关于 公司 2024 年度利润分配预案的议案》。公司 2024 年度拟以实施权益分派股权登 记日登记的总股本扣除公司回购专户的股份为基数，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。截至 2025 年 3 月 31 日，公司 总股本 463,500,000 股，扣除回购专用证券账户中不参与本次利润分配的股份数 8,567,599 股，以此计算合计拟派发现金红利 11,373,310.03 元（含税）。如在分 配方案披露之日起至实施权益分派股权登记日期间公司总股本发生变动，公司拟 按照每股分配比例不变的原则对分配总额进行调整。具体内容详见公司于 2025 年 4 月 29 日在上海证券交易所网站（www.sse.com.cn）披露的相关公告。 二、调整后利润分配方案 证券代码：688400 证券简称：凌云光 公告编号：2025-051 凌云光技术股份有限公司 关于调整 2024 年年度利润分配 现金分红总额的 ...

Summary of Key Points Core Viewpoint - The financing balance of the Sci-Tech Innovation Board has decreased by 294 million yuan compared to the previous day, with notable net purchases in stocks such as SanSheng GuoJian, LingYun Guang, and LeXin Technology [1][2]. Financing Balance Overview - As of May 22, the total margin financing balance on the Sci-Tech Innovation Board is 152.44 billion yuan, a decrease of 294 million yuan from the previous trading day [1]. - There are 390 stocks with a financing balance exceeding 100 million yuan, with 15 stocks having a balance over 1 billion yuan [1]. Net Purchase Analysis - A total of 34 stocks saw net purchases exceeding 10 million yuan, with SanSheng GuoJian leading at 87.75 million yuan, followed by LingYun Guang and LeXin Technology [2]. - The average increase in stock prices for those with net purchases over 10 million yuan is 1.48%, with SanSheng GuoJian showing a significant increase of 20% [2]. Sector Preferences - Investors are particularly favoring stocks in the electronics, pharmaceutical, and computer sectors, with 11, 7, and 4 stocks respectively making the list of significant net purchases [2]. Financing Balance to Market Value Ratio - The average ratio of financing balance to market value for the stocks with significant net purchases is 4.39%, with RongBai Technology having the highest ratio at 13.26% [2].

Group 1 - The Sora (Wensheng Video) concept increased by 0.31%, ranking third in the concept sector, with 11 stocks rising, including Kunlun Wanwei which hit a 20% limit up [1][2] - The leading gainers in the Sora concept include Lingyun Guang with a 5.74% increase, Yinsai Group with a 4.95% increase, and Wanxing Technology with a 2.90% increase [1][2] - The main losers in the sector were Aorui De, *ST Tianze, and Jishi Media, which fell by 2.75%, 2.73%, and 2.65% respectively [1][2] Group 2 - The Sora concept saw a net inflow of 1.348 billion yuan, with 13 stocks receiving net inflows, and 5 stocks exceeding 30 million yuan in net inflow [2][3] - Kunlun Wanwei led the net inflow with 1.278 billion yuan, followed by Lingyun Guang, Yinsai Group, and Jiecheng Shares with net inflows of 65.303 million yuan, 46.0198 million yuan, and 38.3301 million yuan respectively [2][3] Group 3 - In terms of net inflow ratios, Kunlun Wanwei, Zhidema, and Jiecheng Shares had the highest ratios at 23.76%, 12.77%, and 10.63% respectively [3] - The trading volume and turnover rates for the leading stocks in the Sora concept were significant, with Kunlun Wanwei having a turnover rate of 12.32% and a daily increase of 20.01% [3]

Group 1 - The core viewpoint of the article highlights the rising interest and investment in the robotics industry, particularly in humanoid robots, as evidenced by the increase in the National Securities Robotics Industry Index and the inflow of funds into the E Fund Robotics ETF [1] - The National Securities Robotics Industry Index rose by 0.6%, with leading stocks such as Lingyun Optics, Jiangsu Beiren, Yingfeng Environment, and Stone Technology all increasing by over 3% [1] - The E Fund Robotics ETF (159530) has seen net inflows for three consecutive days, reaching a new high in scale, indicating strong investor interest in robotics-related investments [1] Group 2 - Tesla has released a video showcasing its humanoid robot autonomously completing various tasks, including throwing away trash, cooking, vacuuming, and ironing, all performed by a single neural network that learns directly from human videos [1] - Open Source Securities emphasizes the need for humanoid robots to understand and interact with the physical world, using human motion data for training to enhance flexibility and coordination [1] - Humanoid robots account for over 50% of the components in the E Fund Robotics ETF, making it the highest "humanoid content" among all ETFs tracking similar indices, which facilitates investors in capitalizing on industry development opportunities [1]

Summary of the Conference Call Company Overview - The company, Lingyun Optical, operates primarily in the optical communication and visual systems sectors, with optical communication accounting for 30% of its revenue. It focuses on high-end foreign products and is actively developing next-generation computing center products like OCS all-optical switches and optical chips to support domestic AI computing center construction [2][3]. Key Industry Insights Optical Communication - The optical communication business is stable, representing 30% of total revenue, with products such as 400G, 800G, and 1.6T optical modules and switches being sold domestically [3]. Consumer Electronics - The consumer electronics sector, which serves major clients like Apple and Huawei, generated approximately 700 million yuan last year, accounting for over 40% of the visual business. The demand for optical motion capture has increased significantly, rising from 10% to 30-40% due to the domestic production of components for Huawei's Mate series [4][5]. Printing and Packaging - The printing and packaging segment contributes 20% of the company's revenue, with a growth rate expected to exceed 30% this year. The business focuses on soft packaging inspection, including high-speed scanning and AI software algorithms for quality control [6]. New Energy Sector - The lithium battery business is showing signs of recovery, with increased demand for visual components and inspection equipment, while the photovoltaic sector faces challenges but is expected to recover gradually [7]. Digital Human Project - The digital human project, in collaboration with Zhipu, is progressing well, with a focus on enhancing the optical motion capture product line. The revenue from this product line is expected to increase significantly this year [8]. Scientific Imaging and Semiconductor Business - The scientific imaging and device business has made significant progress, with semiconductor revenue exceeding 100 million yuan. The acquisition of a Danish company has positively impacted the semiconductor segment, contributing over 20% to total revenue [11]. Additional Insights Market Growth Projections - The domestic motion capture market is projected to reach approximately 800 million yuan by 2025, with an annual growth rate of 20-30%, driven by smart manufacturing and unmanned systems [4][28]. Customer Base and Trends - The customer base has shifted from primarily universities to more local enterprises, indicating a growing demand for the company's solutions in various industries [25]. Competitive Advantages - The company's products are competitively priced compared to foreign brands, which are often three to four times more expensive. The company offers a complete data acquisition toolchain, integrating various data types for customer convenience [19][20]. R&D and Workforce - The company has over 100 employees, with more than half dedicated to research and development, indicating a strong focus on innovation [24]. Strategic Developments - The acquisition of AIT has led to a tighter integration of operations and a shift to a calendar year for production cycles, enhancing quality standards and market responsiveness [26]. Conclusion Lingyun Optical is well-positioned in the optical communication and visual systems markets, with strong growth prospects across various sectors, particularly in consumer electronics and motion capture technologies. The company's strategic focus on R&D and competitive pricing enhances its market position, while ongoing collaborations and acquisitions are expected to drive future growth.

Core Viewpoint - The company has decided to postpone the timeline for the "Industrial Artificial Intelligence Algorithm and Software Platform R&D Project" while maintaining the investment purpose and scale of the fundraising project [1][3]. Fundraising Basic Information - The company raised a total of RMB 1,973.70 million through its initial public offering, with a net amount of RMB 1,805.28 million after deducting issuance costs [1]. - The company has established a special account for the management of the raised funds, which are fully stored in this account [2]. Postponement Details - The project was originally scheduled to reach its usable state by May 2025, but this date has been adjusted to November 2025 [3]. - The postponement is based on the strategic development plan of the company to enhance its machine vision algorithm capabilities in response to increasing customer demands [4]. Impact of Postponement - The postponement will not change the investment content or the implementation subject of the project and is not expected to have a significant adverse impact on the project's implementation [4]. - The decision aligns with the company's long-term development strategy and does not harm the interests of shareholders [4]. Opinions from Supervisory Bodies - The supervisory board agrees that the postponement does not alter the purpose of the raised funds or harm the interests of shareholders, viewing it as a reasonable adjustment based on actual project conditions [4]. - The sponsoring institution supports the decision, confirming that it complies with relevant regulations and does not affect the normal progress of the fundraising investment plan [4][5].

（一）审议通过《关于部分募集资金投资项目延期的议案》 公司对部分募投项目进行延期事项不存在变相改变募集资金用途和损害股 东及中小股东利益的情形。本次延期是公司根据募投项目的实际情况做出的合理 调度和科学安排，符合公司未来发展的战略要求，符合公司的长远利益和全体股 东的利益。同意公司对部分募投项目进行延期事项。 一、监事会会议召开情况 凌云光技术股份有限公司（以下简称"公司"）第二届监事会第十五次会议 于 2025 年 5 月 20 日以现场结合通讯方式在公司会议室召开。会议通知已于会前 通过邮件的方式送达公司全体监事。本次会议应出席监事 3 人，实际出席监事 3 人。会议由公司监事会主席卢源远先生召集并主持。会议的召集、召开程序符合 《公司法》和《公司章程》有关规定，会议决议合法、有效。 证券代码：688400 证券简称：凌云光 公告编号：2025-049 凌云光技术股份有限公司 二、监事会会议审议情况 本公司监事会及全体监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。 经与会监事审议表决，形成决议如下： 表决结果：同意 3 票，反对 0 票 ...