Core Viewpoint - The company, Nanjing Maolai Optical Technology Co., Ltd., reported a significant increase in total operating revenue for the first three quarters of 2025, driven primarily by growth in the semiconductor and AR/VR testing sectors [7][8]. Financial Performance - Total operating revenue for the first nine months of 2025 reached CNY 503.18 million, representing a year-on-year increase of 34.05% [7]. - Revenue breakdown by application areas includes: - Semiconductor sector: 58.80% - Life sciences and medical sector: 18.24% - AR/VR testing sector: 9.28% - Autonomous driving sector: 3.50% - Biometric sector: 2.04% - Aerospace sector: 1.09% - Others: 7.05% [7]. Asset Impairment - The company recognized an asset impairment provision of CNY 29.11 million for Q3 2025, which includes: - Credit impairment losses: CNY 2.90 million - Inventory impairment losses: CNY 26.21 million [66][67]. - The increase in credit impairment losses was attributed to a rise in accounts receivable and changes in the aging of existing receivables [67]. - The inventory impairment was due to a proactive stocking strategy and rapid technological updates, leading to a need for sufficient inventory write-downs [68]. Corporate Governance Changes - The company plans to abolish the supervisory board and transfer its responsibilities to the audit committee of the board of directors, pending approval from the shareholders' meeting [28][30]. - The company intends to expand its business scope to include power generation activities [28]. Upcoming Shareholder Meeting - The third extraordinary general meeting of shareholders is scheduled for November 25, 2025, to discuss various proposals including the adjustment of executive compensation and the proposed changes in corporate governance [50][51].

Core Viewpoint - Maolai Optical is a leading provider of precision optical solutions, with a focus on the development, design, manufacturing, and sales of precision optical devices, high-end optical lenses, and advanced optical systems. The company was listed on the Shanghai Stock Exchange in March 2023 and operates primarily in the optical, virtual reality, machine vision, nuclear fusion, superconducting concepts, and nuclear power sectors [1]. Financial Performance - For Q3 2025, Maolai Optical reported a revenue of 503 million yuan, ranking 16th among 26 companies in the industry. The top company, O-film, had a revenue of 15.816 billion yuan, while the industry average was 1.718 billion yuan [2]. - The company's net profit for the same period was 45.69 million yuan, placing it 12th in the industry. The leading company, Crystal Optoelectronics, reported a net profit of 988 million yuan, with the industry average at 92.01 million yuan [2]. Financial Ratios - As of Q3 2025, Maolai Optical's debt-to-asset ratio was 23.28%, an increase from 18.13% year-on-year, but still below the industry average of 36.11%, indicating lower financial risk [3]. - The company's gross profit margin was 47.75%, slightly down from 48.15% year-on-year, but significantly higher than the industry average of 26.98%, reflecting strong profitability and product competitiveness [3]. Executive Compensation - The chairman, Fan Hao, received a salary of 1.9255 million yuan in 2024, a decrease of 762,400 yuan from 2023. The general manager, Fan Yi, had a salary of 1.9253 million yuan, down 754,100 yuan from the previous year [4]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 40.03% to 9,725. The average number of circulating A-shares held per shareholder decreased by 28.59% to 1,727.51 shares [5]. Market Outlook - Huaxi Securities expects Maolai Optical's revenue for 2025 to be 680 million yuan, with net profits of 65 million yuan, and projects growth through 2027. Key growth areas include the semiconductor sector, life sciences, and AR/VR detection [6]. - CITIC Securities anticipates net profits of 74 million yuan for 2025, with a "buy" rating, highlighting strong growth driven by the semiconductor and AR/VR sectors [7].

Core Insights - The company reported a revenue of 503 million yuan for the first three quarters of 2025, representing a year-on-year growth of 34.05% [1] - The net profit attributable to shareholders reached 45.69 million yuan, showing an impressive year-on-year increase of 86.57% [1] - The net profit after deducting non-recurring gains and losses was 38.92 million yuan, which is a significant year-on-year growth of 109.45% [1] - The basic earnings per share stood at 0.8695 yuan [1]

Core Insights - Maolai Optical reported a revenue of 503 million yuan for the first three quarters of 2025, representing a year-on-year increase of 34.05% [1] - The net profit attributable to shareholders reached 45.69 million yuan, up 86.57% year-on-year, while the net profit excluding non-recurring items was 38.92 million yuan, reflecting a growth of 109.45% [1] - Basic earnings per share stood at 0.87 yuan [1] Financial Performance - The gross profit margin for the first three quarters of 2025 was 47.75%, a decrease of 0.40 percentage points year-on-year, while the net profit margin improved by 2.56 percentage points to 9.08% [2] - In Q3 2025, the gross profit margin was 44.46%, down 4.55 percentage points year-on-year and 4.53 percentage points quarter-on-quarter; the net profit margin was 7.02%, up 0.38 percentage points year-on-year but down 2.10 percentage points from the previous quarter [2] - Total operating expenses for Q3 2025 amounted to 168 million yuan, an increase of 24.99 million yuan year-on-year, with an expense ratio of 33.45%, down 4.73 percentage points year-on-year [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 9,725, an increase of 2,780 or 40.03% from the end of the previous half [3] - The average market value per shareholder rose from 2.187 million yuan at the end of the previous half to 2.3835 million yuan, an increase of 8.99% [3] Company Overview - Nanjing Maolai Optical Technology Co., Ltd. was established on August 24, 1999, and went public on March 9, 2023 [3] - The company specializes in the research, design, manufacturing, and sales of precision optical devices, high-end optical lenses, and advanced optical systems [3] - The revenue composition includes optical devices (44.03%), optical lenses (28.34%), optical systems (27.00%), services (0.61%), and others (0.03%) [3] - The company is classified under the electronic industry, specifically optical optoelectronics and optical components, and is involved in sectors such as optical, virtual reality, machine vision, augmented reality, and autonomous driving [3]

Core Viewpoint - Maolai Optical (688502.SH) reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong business performance and growth potential [1] Financial Performance - The company achieved a total operating revenue of 503 million yuan, representing a year-on-year growth of 34.05% [1] - The net profit attributable to shareholders reached 45.69 million yuan, showing an impressive year-on-year increase of 86.57% [1] - Basic earnings per share were reported at 0.8695 yuan [1]

关于调整部分董事、高级管理人员 2025 年度薪酬的 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个别及连带责任。 南京茂莱光学科技股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日 召开第四届董事会薪酬与考核委员会第三次会议、第四届董事会第十五次会议， 审议通过了《关于调整部分董事、高管 2025 年度薪酬的议案》，并同意将该议案 提交至股东会审议，现将具体内容公告如下： 一、本方案适用对象 副董事长、总经理范一先生，董事长范浩先生。 二、本方案适用期限 证券代码：688502 证券简称：茂莱光学 公告编号：2025-078 南京茂莱光学科技股份有限公司 单位：万元 | 姓名 | 职务 | 基本薪酬 | 基本薪酬 | 绩效薪酬 | | --- | --- | --- | --- | --- | | | | （调整前） | （调整后） | | | 范一 | 副董事长、总经理 | 163.20 | 204.31 | 按公司及子公司相关绩效 考核制度结合实际考核结 | | 范浩 | 董事长 | 163.20 | 2 ...

证券代码：688502 证券简称：茂莱光学 公告编号：2025-077 南京茂莱光学科技股份有限公司 关于取消监事会、变更经营范围并修订《公司章程》， 修订、制定及废止部分公司治理制度的公告 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。 南京茂莱光学科技股份有限公司（以下简称 "公司"）于 2025 年 10 月 29 日 召开第四届董事会第十五次会议，审议通过了《关于取消监事会、变更经营范围 并修订<公司章程>的议案》《关于修订、制定及废止部分公司治理制度的议案》。 同日，公司召开第四届监事会第十四次会议，审议通过了《关于取消监事会、变 更经营范围并修订<公司章程>的议案》。现将相关情况公告如下： 一、 取消监事会的情况 根据《中华人民共和国公司法》（2023 年修订，以下简称"《公司法》"） 第一百二十一条的规定，股份有限公司可以按照公司章程的规定在董事会中设置 由董事组成的审计委员会，行使法规规定的监事会职权，不设监事会或者监事。 根据《关于新<公司法>配套制度规则实施相关过渡期安排》《上市公司章程指 引（2025 ...

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。 根据《上海证券交易所科创板股票上市规则》相关规定，为了真实、准确反 映南京茂莱光学科技股份有限公司（以下简称"公司"）2025 年第三季度的财务 状况及经营成果，基于谨慎性原则，公司 2025 年第三季度相关资产计提减值准 备的情况说明如下： 一、 2025 年第三季度计提资产减值准备情况概述 证券代码：688502 证券简称：茂莱光学 公告编号：2025-076 南京茂莱光学科技股份有限公司 关于公司 2025 年第三季度计提资产减值准备的公告 单位：万元 | 项目 | 本期发生额 | 备注 | | --- | --- | --- | | 信用减值损失 1. | | | | (损失以"-"号填列） | | | | 应收账款 1.1 | -315.35 | 应收账款减值准备 | | 其他应收款 1.1 | 25.17 | 其他应收款减值准备 | | 2. 资产减值损失 | | | | （损失以"-"号填列） | | | | 2.1 存货跌价损失 | -2,620.51 | 存 ...

（二） 股东会召集人：董事会 证券代码：688502 证券简称：茂莱光学 公告编号：2025-079 南京茂莱光学科技股份有限公司 关于召开2025年第三次临时股东会的通知 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： 一、 召开会议的基本情况 （一） 股东会类型和届次 2025年第三次临时股东会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 （四） 现场会议召开的日期、时间和地点 召开日期时间：2025 年 11 月 25 日 15 点 00 分 召开地点：江苏省南京市江宁开发区铺岗街 398 号会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 11 月 25 日 至2025 年 11 月 25 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东会召开日期：2025年11月25日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系 统 东会召开当日 ...

证券代码：688502 证券简称：茂莱光学 公告编号：2025-075 南京茂莱光学科技股份有限公司（以下简称"公司"）第四届监事会第十四次 会议通知于 2025 年 10 月 24 日以邮件方式向全体监事发出并送达，并于 2025 年 10 月 29 日在公司会议室以现场结合通讯的方式召开。本次会议由监事会主席 陈海燕女士主持召开，会议应出席监事 3 人，实际出席 3 人。 本次会议的召开符合《中华人民共和国公司法》（以下简称《公司法》）等 法律、法规、部门规章以及《公司章程》的有关规定，会议决议合法、有效。 二、监事会会议审议情况 （一）审议通过《关于公司 2025 年第三季度报告的议案》 监事会认为：公司 2025 年第三季度报告的编制和审议程序符合相关法律法 规和《公司章程》等内部规章制度的规定。公允地反映了公司 2025 年第三季度 的财务状况和经营成果等事项，在编制过程中，未发现公司参与第三季度报告编 制和审议的人员有违反保密规定的行为。监事会全体成员保证公司 2025 年第三 季度报告披露的信息真实、准确、完整，不存在任何虚假记载、误导性陈述或重 大遗漏，并对其内容的真实性、准确性和完整性依法承 ...