凌云光技术股份有限公司（以下简称"公司"）于 2025 年 10 月 31 日收到 上海证券交易所（以下简称"上交所"）出具的《关于凌云光技术股份有限公司 向特定对象发行股票申请文件的审核问询函》（上证科审（再融资）〔2025〕151 号，以下简称"《问询函》"）。 公司收到《问询函》后，按照要求会同相关中介机构就《问询函》提出的问 题进行了认真研究和逐项落实，并根据相关要求对《问询函》回复进行披露，具 体内容详见公司于 2025 年 11 月 20 日在上交所网站（www.sse.com.cn）披露的《关 于凌云光技术股份有限公司 2024 年度向特定对象发行股票申请文件的审核问询 函的回复》等相关文件。 根据上交所进一步审核意见，公司会同相关中介机构对《问询函》部分内容 进行了补充修订，具体内容详见公司同日披露的《关于凌云光技术股份有限公司 向特定对象发行股票申请文件的审核问询函的回复（修订稿）》等文件。 公司本次向特定对象发行股票事项尚需通过上交所审核，并获得中国证监会 作出同意注册的决定后方可实施，最终能否通过上交所审核，并获得中国证监会 同意注册的决定及其时间尚存在不确定性。公司将根据该事项的进展情 ...

关于 2024 年度向特定对象发行股票的审核中心意见 落实函回复的提示性公告 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"）于 2025 年 11 月 24 日收到 上海证券交易所（以下简称"上交所"）出具的《关于凌云光技术股份有限公司 向特定对象发行股票的审核中心意见落实函》（上证科审（再融资）〔2025〕168 号）（以下简称"《落实函》"）。 证券代码：688400 证券简称：凌云光 公告编号：2025-097 凌云光技术股份有限公司 公司本次向特定对象发行股票事项尚需通过上交所审核，并获得中国证监会 作出同意注册的决定后方可实施，最终能否通过上交所审核，并获得中国证监会 同意注册的决定及其时间尚存在不确定性。公司将根据该事项的进展情况，严格 按照相关法律法规的要求及时履行信息披露义务，敬请广大投资者注意投资风 险。 特此公告。 凌云光技术股份有限公司董事会 2025 年 12 月 18 日 公司收到《落实函》后，会同中介机构结合公司情况按照相关要求对《落实 函》中的问题进 ...

Group 1 - The company, Lingyun Guang, reported that as of December 10, 2025, the number of shareholders is 32,607 [2]

Core Viewpoint - The OCS (Optical Circuit Switch) industry chain concept stocks have shown significant strength, driven by advancements in technology and market expectations, particularly due to Google's seventh-generation TPU and Gemini 3 model, which are expected to enhance the market scale of OCS significantly [1][2][3]. Industry Overview - The OCS technology allows for direct optical signal switching without electro-optical conversion, improving network performance and efficiency in data centers [3][4]. - The market for OCS is projected to grow rapidly, with a forecasted compound annual growth rate (CAGR) of 15% from 2025 to 2030, and shipments expected to exceed 50,000 units by 2029 [2][3]. Company Insights - A-share listed companies in the OCS industry chain are expected to benefit from the growing demand, with key players already positioning themselves in the market [4][5]. - Companies like Ying Tang Zhi Kong are developing MEMS micro-mirrors, which are crucial for OCS technology, and have plans for acquisitions to enhance their product offerings [4][5]. - Tengjing Technology focuses on precision optical components and has established partnerships with major manufacturers in the optical communication sector [5][6]. - Guokai Technology and Guangxun Technology are also actively developing OCS products, with Guokai planning acquisitions to expand its capabilities [6][7]. Market Dynamics - The OCS market is characterized by various technological solutions, with MEMS being the most cost-effective option, and companies are expected to continue innovating to meet the demands of AI data centers [4][8]. - The future of OCS technology is anticipated to focus on higher performance, smarter adaptability, lower costs, and broader compatibility, with MEMS likely to maintain a dominant market position [8].

Market Overview - The Shanghai Composite Index fell by 0.37% on December 9, with five industries rising, led by the comprehensive and communication sectors, which increased by 3.45% and 2.23% respectively. The industries with the largest declines were non-ferrous metals and steel, down by 3.03% and 2.47% respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 52.992 billion yuan, with only three industries experiencing net inflows. The retail trade sector saw a net inflow of 1.143 billion yuan, the comprehensive sector 432 million yuan, and the banking sector 70.578 million yuan [1] - The non-ferrous metals industry had the largest net outflow, totaling 7.937 billion yuan, followed by the computer industry with a net outflow of 5.616 billion yuan. Other industries with significant outflows included machinery, non-bank financials, and power equipment [1] Machinery Industry Performance - The machinery industry declined by 0.60%, with a total net capital outflow of 5.345 billion yuan. Out of 531 stocks in this sector, 126 rose, with three hitting the daily limit, while 403 fell [2] - Within the machinery sector, 163 stocks experienced net inflows, with 11 stocks seeing inflows exceeding 50 million yuan. The top inflow was from Zhongnan Culture, with a net inflow of 150 million yuan, followed by Lingyun Light and Ding Tai High-Tech with inflows of 125 million yuan and 117 million yuan respectively [2] Top Gainers in Machinery Sector - The top gainers in the machinery sector included: - Zhongnan Culture: +10.16%, turnover rate 9.66%, net inflow 149.88 million yuan - Lingyun Light: +3.54%, turnover rate 6.49%, net inflow 124.99 million yuan - Ding Tai High-Tech: +14.80%, turnover rate 25.11%, net inflow 117.16 million yuan [2] Top Losers in Machinery Sector - The top losers in the machinery sector included: - Aerospace Power: -3.13%, turnover rate 32.59%, net outflow -836.74 million yuan - Wuzhou New Spring: -0.83%, turnover rate 18.97%, net outflow -475.06 million yuan - Robot Technology: -2.22%, turnover rate 5.38%, net outflow -296.61 million yuan [4]

Core Viewpoint - The specialized equipment sector experienced a decline of 0.35% on December 9, with major stocks like HeTai Machinery leading the drop. The Shanghai Composite Index closed at 3909.52, down 0.37%, while the Shenzhen Component Index closed at 13277.36, down 0.39% [1]. Group 1: Stock Performance - The top-performing stocks in the specialized equipment sector included: - Dapeng Industrial (Code: 920091) with a closing price of 55.94, up 10.14% on a trading volume of 79,000 shares and a transaction value of 443 million [1]. - ST Xinyuan (Code: 300472) closed at 9.17, up 7.13% with a trading volume of 165,900 shares and a transaction value of 150 million [1]. - Dazhu CNC (Code: 301200) closed at 116.69, up 6.12% with a trading volume of 61,300 shares and a transaction value of 708 million [1]. - Lijun Thermal Energy (Code: 603391) closed at 72.30, up 6.09% with a trading volume of 132,700 shares and a transaction value of 232 million [1]. - Jiangshun Technology (Code: 001400) closed at 66.90, up 4.37% with a trading volume of 17,000 shares and a transaction value of 113 million [1]. Group 2: Capital Flow - On the same day, the specialized equipment sector saw a net outflow of 1.365 billion from major funds, while retail investors contributed a net inflow of 1.303 billion. Speculative funds recorded a net inflow of 61.775 million [3].

Group 1 - The core point of the announcement is the successful resolution of the third extraordinary general meeting of shareholders held by Lingyun Technology Co., Ltd. on December 5, 2025, with no rejected proposals [1][2] - The meeting was convened by the board of directors and chaired by Mr. Yao Yi, utilizing a combination of on-site and online voting methods, in compliance with the Company Law and the company's articles of association [2][3] - Two significant resolutions were passed: the extension of the validity period for the resolution regarding the issuance of A-shares to specific targets for the year 2024, and the authorization for the board of directors to handle related matters [3][6] Group 2 - The meeting was attended by all nine current directors and the board secretary, with other senior executives also present [5] - The voting results for the two resolutions required a two-thirds majority from the shareholders present, and separate counting was conducted for minority investors [6] - The legal proceedings of the meeting were witnessed by Zhonglun Law Firm, confirming that all procedures and results were in accordance with legal and regulatory requirements [7]

致：凌云光技术股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》等相关法律、法 规和规范性文件及《凌云光技术股份有限公司章程》（以下简称"公司章程"） 的规定，北京市中伦律师事务所（以下简称"本所"）接受凌云光技术股份有限 公司（以下简称"公司"）委托，对公司 2025 年第三次临时股东会（以下简称 "本次股东会"）的相关事项进行见证并出具法律意见。 为出具本法律意见书，本所律师审查了公司提供的相关文件，该等文件包括 但不限于： 1. 现行有效的公司章程； 北京市中伦律师事务所 2. 公司刊登在上海证券交易所（http://www.sse.com.cn/）的公司董事会关于 召开本次股东会的通知； 3. 公司本次股东会股权登记日的股东名册、出席现场会议股东的到会登记 记录及凭证资料； 4. 公司本次股东会的相关会议文件。 关于凌云光技术股份有限公司 2025 年第三次临时股东会的 法律意见书 - 1 - 法律意见书 本法律意见书仅供公司为本次股东会之目的使用，本所律师同意将本法律意 见书随同公司本次股东会决议及其他信息披露资料一并公告。 本所律师根据相关法律法规的要求，按照律师行业公认的业务标准 ...

证券代码：688400 证券简称：凌云光 公告编号：2025-096 凌云光技术股份有限公司 2025年第三次临时股东会决议公告 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。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 12 月 5 日 （二） 股东会召开的地点：北京市海淀区翠湖南环路知识理性大厦 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 240 | | --- | --- | | 普通股股东人数 | 240 | | 2、出席会议的股东所持有的表决权数量 | 244,072,156 | | 普通股股东所持有表决权数量 | 244,072,156 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 53.6862% | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 53.6862% | （一） 非累积投票议案 ...

Core Viewpoint - Lingyun Optoelectronics reported that as of November 28, 2025, the company has 31,856 shareholders [2] Group 1 - The company is actively engaging with investors through interactive platforms [2] - The number of shareholders indicates a growing interest in the company [2]