Core Viewpoint - Optoelectronics has experienced a decline for six consecutive trading days, with a cumulative drop of -7.85% [1] Company Overview - Guangdong Optoelectronics Technology Co., Ltd. is positioned as a supplier of core automation components [1] Shareholder Activity - Three funds under the management of Fidelity Fund have entered the top ten shareholders of Optoelectronics, all of which are new entries in the first quarter of this year. The funds are: - Fidelity Tianhui Growth Mixed (LOF) A - Fidelity Value Advantage Mixed A - Fidelity New Vitality Flexible Allocation Mixed A [1] Fund Performance - Fidelity Tianhui Growth Mixed (LOF) A has a year-to-date return of 0.48%, ranking 2883 out of 4546 in its category - Fidelity Value Advantage Mixed A has a year-to-date return of 2.64%, ranking 2143 out of 4546 - Fidelity New Vitality Flexible Allocation Mixed A has a year-to-date return of 14.21%, ranking 102 out of 2304 [1] Fund Manager Profiles - **Zhu Shaoxing**: - Current position: Deputy General Manager and Head of Equity Investment Department at Fidelity Fund - Experience: Over 19 years in the industry, with various roles at Fidelity Fund since June 2000 [5][6] - **Sun Bin**: - Current position: Senior Equity Fund Manager at Fidelity Fund - Experience: Joined Fidelity Fund in July 2016, with a focus on equity investment [7][8] - **Wu Dongdong**: - Current position: Fund Manager at Fidelity Fund - Experience: Joined Fidelity Fund in April 2019, previously worked as a mechanical industry researcher [9] Company Background - Fidelity Fund Management Co., Ltd. was established in April 1999, with a diverse ownership structure including major shareholders such as Guotai Junan Securities and the Bank of Montreal [10]

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 证券代码：688686 证券简称：奥普特 公告编号：2025-029 广东奥普特科技股份有限公司 2024年年度股东大会决议公告 一、 会议召开和出席情况 （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： 本次会议由公司董事会召集，董事长卢盛林先生主持，会议采取现场投票和 1、出席会议的股东和代理人人数 154 普通股股东人数 154 2、出席会议的股东所持有的表决权数量 96,780,716 普通股股东所持有表决权数量 96,780,716 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 例（%） 79.3982 普通股股东所持有表决权数量占公司表决权数量的比例（%） 79.3982 （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 （一） 股东大会召开的时间：2025 年 5 月 19 日 （二） 股东大会召开的地点：广东省东莞市长安镇长安兴发南路 66 ...

深圳市福田区中心五路 18 号星河中心大厦 19 层 电话：0755-23993388 传真：0755-86186205 邮编：518048 北京国枫（深圳）律师事务所 关于广东奥普特科技股份有限公司 2024 年年度股东大会的 法律意见书 国枫律股字[2025]C0041 号 致：广东奥普特科技股份有限公司（贵公司） 北京国枫（深圳）律师事务所（以下简称"本所"）接受贵公司的委托，指派律师 出席并见证贵公司 2024 年年度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》（以下简称《证 券法》）、《上市公司股东会规则》（以下简称《股东会规则》）、《律师事务所从事证券法 律业务管理办法》（以下简称《证券法律业务管理办法》）、《律师事务所证券法律业务执 业规则（试行）》（以下简称《证券法律业务执业规则》）等相关法律、行政法规、规章、 规范性文件及《广东奥普特科技股份有限公司章程》（以下简称《公司章程》）的规定， 就本次会议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决 结果等事宜，出具本法律意见书。 3．本所及经办律师依据《证券法》《证券法律业 ...

Group 1 - The article highlights that in the past 10 days (from May 6 to May 19), overseas institutions conducted research on 115 listed companies, with BeiGene being the most focused, receiving attention from 95 overseas institutions [1] - A total of 552 companies were researched by institutions in the same period, with securities companies conducting research on 489 companies, accounting for the majority [1] - The average stock price of companies researched by overseas institutions increased by 4.42% over the past 10 days, with Heng Er Da showing the highest increase of 135.87% [1] Group 2 - The table lists companies that received overseas institutional research, showing their stock codes, names, number of overseas institutions involved, latest closing prices, and percentage changes in stock prices [2][3][4] - Among the companies, Heng Er Da had the highest increase, while Fu Guang Co. experienced the largest decline of 12.98% [1][4] - The data indicates a diverse range of industries represented among the researched companies, including machinery, defense, pharmaceuticals, electronics, and more [1][2][3][4]

事件概述 25Q1 公司营收2.68 亿元，同比+18%，基本符合我们预期，我们判断在3C 业务稳健基础上，锂电业务 明显复苏。往后来看，AI 加速机器视觉渗透，在新能源收入占比下降背景下，25 年3C业务有望迎来复 苏，半导体&汽车等行业国产替代加速，看好机器视觉主业收入拐点向上。此外，25 年公司拟收购泰 莱自动化，正式切入直线电机等运动部件领域，有望贡献重要收入增量。 根据下游景气和公司人员扩张情况，我们调整2025-2026 年营业收入预测分别为11.00 和13.38 亿元（原 值12.65 和15.93 亿元），并预计2027 年营业收入为16.06 亿元，分别同比+21%、+22%和+20%，调整 2025-2026 年归母净利润预测分别为1.66 和2.28 亿元（原值2.58 和3.87 亿元），并预计2027 年归母净利 润为3.22 亿元，分别同比+22%、+37%和+41%，调整2025-2026 年EPS 分别为1.36 和1.86 元（原值2.11 和3.17 元），并预计2027 年EPS 为2.63 元，2025/5/13 股价89.85 元对应PE 分别为66、48 和34 ...

Investment Rating - The investment rating for the company is "Accumulate" [1] Core Views - The company reported its 2024 annual report and 2025 Q1 report, with Q1 performance meeting expectations and showing signs of accelerated growth [2] - The company's revenue for 2024 was 911 million, a year-on-year decrease of 3%, but Q4 showed a significant recovery with revenue of 178 million, a year-on-year increase of 82% [3] - The company is expanding into the consumer-grade machine vision sector while leveraging AI technology to enhance its industrial-grade machine vision products [6][7] Revenue Performance - In 2024, the company achieved revenue of 911 million, with a breakdown by industry: 3C revenue was 585 million (up 1% YoY), lithium battery revenue was 209 million (down 20% YoY), and semiconductor & automotive revenues were 50.81 million and 32.10 million, respectively, showing increases of 44% and 90% YoY [3] - For Q1 2025, the company reported revenue of 268 million, a year-on-year increase of 18%, indicating a recovery in the lithium battery business and a stable performance in the 3C sector [3] Profitability Analysis - The company's net profit for 2024 was 136 million, a decrease of 30% YoY, with a net profit margin of 14.95%, down 5.57 percentage points [4] - In Q1 2025, the net profit was 58 million, a slight increase of 1% YoY, with a net profit margin of 21.61%, down 3.66 percentage points [5] Future Outlook - The company has adjusted its revenue forecasts for 2025 and 2026 to 1.1 billion and 1.338 billion, respectively, with expected year-on-year growth rates of 21% and 22% [8] - The projected net profit for 2025 and 2026 is 166 million and 228 million, respectively, with expected growth rates of 22% and 37% [8] Market Potential - The machine vision market in China is expected to grow from 18.5 billion in 2023 to over 39.5 billion by 2028, indicating a strong growth trajectory [6] - The company is focusing on developing new visual modules and solutions for humanoid robots, leveraging its existing technology in 3D vision and AI algorithms [7]

Group 1 - The People's Bank of China announced a 0.5 percentage point reduction in the reserve requirement ratio, expected to provide approximately 1 trillion yuan in long-term liquidity to the market, along with a 0.1 percentage point decrease in policy interest rates [1] - The AI sector is experiencing a significant transformation, moving from quantitative to qualitative changes, with advancements in general large models demonstrating near-human capabilities in various cognitive tasks [1] - The AI technology is reshaping social production methods and human existence, indicating a profound impact on various industries [1] Group 2 - The release of multiple AI models by Alibaba and the financial results from major US tech companies highlight the competitive landscape in the AI sector [2] - The upcoming 2025 Lenovo Tech World and other significant industry events indicate a growing focus on AI and related technologies [2] - The emergence of new job roles, such as prompt engineers, reflects the changing employment landscape driven by AI advancements [4] Group 3 - The diversification of AI applications is evident, with digital human technology marking a shift towards multi-dimensional penetration in various fields, including education and healthcare [5] - The market for digital humans is projected to grow significantly, with estimates indicating a market size exceeding 640 billion yuan by 2025 [5] - The integration of AI into public services and commercial sectors demonstrates the expanding boundaries of technology applications [5] Group 4 - The competition in the AI industry is shifting towards breakthroughs in underlying technologies and cost control, with advancements in embodied intelligence and multi-modal models [7] - The technology sector is expected to regain momentum as concerns over previous performance and tariff disruptions dissipate, with a focus on long-term industry trends [8] - The upcoming months are critical for the tech sector, with numerous industry conferences and events expected to catalyze new growth opportunities [8] Group 5 - The TMT sector is showing signs of recovery, with a notable increase in net profit growth rates, particularly in the AI industry [9] - Institutional investors have significant room for increasing allocations in the TMT sector, particularly in computer and media segments [9] - The AI ETF, which tracks the innovation board's AI index, includes major companies across the AI value chain, indicating a strategic investment opportunity [9][10]

Core Viewpoint - OptoTech held a performance briefing for the AI and software industry on April 29, 2025, with participation from 91 institutions, indicating strong investor interest and engagement in the company's future prospects [1][2]. Group 1: Acquisition and Financial Performance - OptoTech completed the acquisition of 51% of Dongguan Tailai in April 2025, with financial consolidation expected in Q2 2025, which is anticipated to boost revenue significantly [1][5]. - In Q1 2025, OptoTech reported an 18.09% increase in revenue, a 0.97% increase in net profit, and an 11.40% increase in non-recurring net profit, with the slower profit growth attributed to rising expenses and management costs [1][5]. - The company set a revenue growth target of at least 20% for 2025, excluding the impact of the acquisition, indicating a focus on organic growth [2][3]. Group 2: Growth Drivers and Strategic Focus - Future growth is expected to stem from domestic substitution, new technology expansion, product line extension, and exploration of emerging market demands [1][6]. - The company is focusing on enhancing its product standardization process and expanding its product line, particularly in the AI and machine vision sectors, to maintain competitive advantage [6][7]. - OptoTech aims to leverage advancements in industrial AI to improve the efficiency and applicability of its machine vision products across various industries [6][7]. Group 3: Financial Strategy and Shareholder Returns - The company plans to distribute at least 10% of its distributable profits as cash dividends annually from 2024 to 2026, with a cumulative distribution of no less than 30% over three years [1][8].

（一）会议出席情况 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 邓定远，男，1975 年 1 月出生，中国国籍，中共党员，博士研究生学历。 1998 年 6 月至 2001 年 9 月，任江西警官学院法律部教师；2004 年 7 月至今，任 华南农业大学人文与法学学院教师；2005 年至今，任广东踔厉律师事务所兼职 律师；2021 年 1 月至今，任公司独立董事。 （二）是否存在影响独立性的情况说明 广东奥普特科技股份有限公司 2024 年度独立董事述职报告 作为公司的独立董事，本人及直系亲属、主要社会关系均不在公司或其附属 企业任职，且未在公司关联企业任职；没有为公司或其附属企业提供财务、法律、 咨询等服务。本人具有《上市公司独立董事管理办法》《公司章程》及《独立董 事工作制度》所要求的独立性和担任公司独立董事的任职资格，能够确保客观、 独立的专业判断，不存在影响独立性的情况。 2024 年度，作为广东奥普特科技股份有限公司（以下简称"公司"）的独立 董事，本人按照《公司法》《证券法》《上市公司独立董事管理办法》等有关法律 法规的规范要求，以及《公司章程》《独立董事工作制度》等相关制度 ...

广东奥普特科技股份有限公司 2024 年度独立董事述职报告 2024 年度，作为广东奥普特科技股份有限公司（以下简称"公司"）的独立 董事，本人按照《公司法》《证券法》《上市公司独立董事管理办法》等有关法律 法规的规范要求，以及《公司章程》《独立董事工作制度》等相关制度赋予的权 利和义务，积极参加公司股东大会、董事会、专门委员会、独立董事专门会议， 勤勉履职，积极审议各项议案，发挥专业特长，为公司经营发展提出合理化建议， 为董事会的科学决策提供有力支撑，促进公司稳健、规范、可持续发展，切实维 护了公司和中小股东的合法利益。现就 2024 年度的工作情况汇报如下： 一、独立董事的基本情况 （一）个人工作履历、专业背景以及兼职情况 陈桂林，男，1961 年 8 月出生，中国国籍，中共党员，硕士研究生学历。 1986 年 7 月至 1997 年 9 月，任广东省水利水电第二工程局副总会计师；1997 年 9 月至 2001 年 6 月，任广东省源大水利水电集团有限公司副总会计师；2001 年 6 月至 2012 年 10 月，任广东省建筑工程集团有限公司副总会计师；2012 年 10 月至 2021 年 11 月， ...