经审核，监事会认为：公司本次因 2024 年度业绩未达到 2022 年股票期权激励 计划首次授予部分第二个行权期的行权条件，拟注销合计 2,399.451 万份股票期权。 上述事项符合有关法律、法规及《歌尔股份有限公司 2022 年股票期权激励计划（草 案）》《歌尔股份有限公司 2022 年股票期权激励计划实施考核管理办法》等相关规定， 审议程序合法合规，不存在损害公司及全体股东利益的情形，不会对公司的财务状 况和经营成果产生重大影响。因此，监事会同意上述事项。 歌尔股份有限公司监事会 二○二五年三月二十六日 歌尔股份有限公司 监事会关于公司 2022 年股票期权激励计划相关事项的 审核意见 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股权激励 管理办法》等有关法律、行政法规、部门规章、规范性文件以及《歌尔股份有限公 司章程》的有关规定，歌尔股份有限公司（以下简称"公司"）监事会对公司第六届 监事会第十九次会议议案中关于 2022 年股票期权激励计划首次授予部分第二个行 权期未达行权条件及注销相关股票期权相关事项进行了认真核查，并发表如下审核 意见： ...

北京市天元律师事务所 关于歌尔股份有限公司 2022 年股票期权激励计划首次授予部分第二个行权期 未达行权条件及注销相关股票期权的 法律意见 北京市天元律师事务所 北京市西城区金融大街 35 号国际企业大厦 A 座 509 单元 邮编：100033 北京市天元律师事务所 关于歌尔股份有限公司 2022 年股票期权激励计划首次授予部分第二个行权期 未达行权条件及注销相关股票期权的 法律意见 京天股字（2022）第 425-6 号 致：歌尔股份有限公司 根据北京市天元律师事务所（以下简称"本所"）与歌尔股份有限公司（以 下简称"公司"或"歌尔股份"）签订的《委托协议》，本所担任本次公司 2022 年 股票期权激励计划（以下简称"激励计划"或"本次激励计划"）相关事宜的专 项中国法律顾问，为公司本次激励计划首次授予部分第二个行权期未达行权条件 及注销相关股票期权（以下简称"本次注销"）的有关事宜出具法律意见。 本所及经办律师依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办 法》（以下简称"《管理办法》"）、《深圳证券交易所上市公司 ...

苹果 COO 到访供应链企业歌尔股份，官宣重大投资 IT之家 3 月 26 日消息， 3 月 24 日，苹果公司首席运营官（COO）Jeff Williams 到访歌尔股份位于山东潍坊的工厂，在歌尔董事长姜滨的陪同下，参观了最 新的 iPhone 16e 扬声器生产线及模具中心。IT之家也受邀前往现场。 例如，锡球激光焊接技术通过优化喷嘴材料和开发在线更换模块，将设备停机维护时间大幅缩短；而自主研发的音圈绕线机，能在高温高速下将细如发丝的 漆包线精准缠绕成音圈，极大提升了产品良率。 歌尔自主研发的音圈绕线机正在进行扬声器模组的音圈绕制、拉伸和整形作业 姜滨表示："苹果与歌尔在工艺研发上的协同创新，是生产线利用率提升的关键。" 苹果首席运营官 Jeff Williams 和歌尔董事长姜滨参观歌尔位于山东潍坊的工厂 在本次访问活动中，苹果和歌尔股份不仅展示了双方在智能制造领域的合作进展，苹果 COO 还宣布了苹果在华清洁能源领域的新投资计划。 自 2010 年首次在麦克风领域与苹果合作以来，歌尔股份已参与苹果数十款产品的生产，覆盖麦克风、扬声器、光学组件、AirPods、HomePod 等核心零部 件的研发与整机 ...

Core Insights - Apple's COO Jeff Williams emphasizes the company's commitment to China, stating that Apple will continue to invest significantly in the region [2][3] - Over 80% of Apple's top 200 global suppliers have factories in China, highlighting the importance of the Chinese supply chain [1][2] - Apple has invested $20 billion in smart and green manufacturing in China over the past five years [1] Group 1: Supply Chain and Investment - Apple is deepening its ties with Chinese suppliers, as evidenced by Williams' visits to key companies like GoerTek, Luxshare Precision, and Jabil [1][2] - The company announced a new investment fund of 720 million RMB aimed at expanding clean energy capacity in China, targeting an annual addition of approximately 550,000 MWh of wind and solar power [2] - The collaboration with suppliers is not just about manufacturing but also involves technological advancements and innovation [7][10] Group 2: Automation and Technological Advancements - The automation level in Chinese manufacturing is notably high, with minimal human presence on production lines at GoerTek and Luxshare Precision [3][5] - GoerTek has been collaborating with Apple for 15 years, focusing on high automation in microphone and speaker production [4][5] - Luxshare Precision has seen over 50% growth in its Apple business over the past two years, expanding its factory presence in China [6] Group 3: Equipment Suppliers and Innovation - Jabil, as an upstream equipment supplier, has provided nearly 65,000 devices to Apple since 2008, showcasing significant growth and innovation in its product offerings [8][9] - The company has developed advanced feeding systems and robotics, aiming to reduce costs and energy consumption in manufacturing [8][9] - The collaboration with Apple has allowed Jabil to evolve from simple assembly machines to comprehensive automation solutions [8][9] Group 4: Market Dynamics and Future Outlook - The Chinese supply chain is undergoing continuous restructuring and upgrading, enhancing competitive barriers [10] - Luxshare Precision is actively acquiring to enrich its product line and technology matrix, while GoerTek plans to restart its IPO for greater market space [10] - The demand for AI integration in consumer electronics is seen as a new growth point, with Apple preparing to launch its Chinese AI in April [10]

Core Insights - Apple's COO Jeff Williams visited Chinese suppliers Goer and Luxshare Precision, highlighting the importance of the supply chain and collaboration with Chinese companies [1][3][6] Group 1: Goer Technology - Goer has been collaborating with Apple since 2010, expanding partnerships across multiple fields including speakers, receivers, precision components, and assembly projects for AirPods and HomePod [3] - The automation production line at Goer integrates flexible manufacturing and AI technology, significantly improving production line utilization and efficiency [3][4] - Goer has achieved 100% renewable energy usage for Apple production since 2023 and incorporates 80% recycled materials in HomePod injection parts, demonstrating a commitment to sustainable development [5] Group 2: Luxshare Precision - Luxshare began its partnership with Apple in 2011, initially supplying connectors and now covering nearly all Apple product lines, with a 50% growth in Apple-related business over the past two years [6][10] - The Changshu factory of Luxshare integrates various advanced manufacturing technologies, achieving vertical integration from mold processing to component production [6][8] - Luxshare has also achieved 100% renewable energy usage for Apple-related production and actively participates in Apple's training programs, benefiting over 17,000 employees [10] Group 3: Innovation and Future Prospects - The collaboration between Apple and its suppliers has led to significant innovations in manufacturing processes, such as automated glue application, which was previously done manually [9] - Apple's ongoing investment in China includes a new 720 million RMB clean energy fund aimed at enhancing renewable energy capacity [8] - Williams expressed confidence in the future of development through interactions with supply chain engineers, emphasizing the potential for innovation and growth [10]

苹果COO到访歌尔股份，姜滨：苹果供应链中声学产品最全，AI时 代要有更多创新 苹果高管再次到访中国考察供应链。 3月24日下午，苹果首席运营官杰夫·威廉姆斯（Jeff Williams）一行来到歌尔股份位于山东潍坊的工厂，在歌尔股份（002241）董事长 姜滨的陪同下参观了最新的iPhone 16e扬声器生产线，以及歌尔的模具中心。 歌尔股份是苹果供应链一家非常重要的成员。双方在2010年开始在麦克风领域进行合作。过去15年，歌尔先后参与苹果数十款产品的 生产与制造。目前，歌尔与苹果在麦克风、扬声器、受话器、精密结构件、光学零组件，以及AirPods、AirPod Max、HomePod等整机 组装等领域建立深度合作。 当天参观的歌尔潍坊光电园二期厂，共有2万名员工。歌尔的扬声器自动化生产线开发融合了柔性制造和人工智能技术。 苹果团队与歌 尔在自动化和工艺研发方面密切合作，通过不断提升设备兼容性和快速切换能力，大大提高了生产线利用率。 "15年来与苹果合作了几十款产品，几百种零件这个过程我们跟苹果协作做了很多创新，不管是麦克风，还是扬声器都在越来越好，而 且我们又结合了自动化的技术，现在我们自动化率非常高， ...

Investment Rating - The report assigns a rating of "Buy" for the company [4] Core Views - The company is positioned as a global leader in the optoelectronic industry, focusing on a comprehensive strategy that integrates components and finished products, targeting leading clients in the technology and consumer electronics sectors [1][13] - The report highlights significant growth potential in AI-enabled XR glasses and TWS headphones, driven by advancements in AI technology and strong partnerships with major clients [2][3] Summary by Sections Company Overview - The company, established in 2001 and listed in 2008, initially focused on micro-acoustic components and successfully entered Apple's supply chain in 2010, leading to rapid revenue growth [1][13] - The strategic shift to a "parts + finished products" model in 2015 has resulted in a diversified product matrix, including precision components, smart acoustic systems, and smart hardware [1][13] AI/XR Glasses - The XR glasses market is expected to face short-term shipment pressures, but product iterations and ecosystem enhancements are anticipated to drive future growth [2] - The company is recognized as a leading XR OEM, leveraging both internal capabilities and external investments to strengthen its competitive edge [2] TWS Headphones - The global TWS headphone market is recovering, with AI technology enhancing user experience through features like real-time translation and health monitoring [3] - The company has established strong collaborations with major clients such as Apple and Huawei, facilitating stable growth in its TWS business [3] Financial Analysis - Revenue projections for 2024-2026 are estimated at 100.39 billion, 106.43 billion, and 118.30 billion CNY, with corresponding net profits of 2.65 billion, 3.48 billion, and 4.50 billion CNY, reflecting significant growth rates [7][9] - The company has shown a recovery in profitability, with a notable increase in net profit in 2024 compared to the previous year [30][37] Competitive Positioning - The company has a robust global presence with R&D centers across multiple countries, emphasizing partnerships with leading technology firms and academic institutions [25][28] - The strategic focus on high-value segments in the AR market, including optical and machine components, positions the company favorably for future growth [55][56]

Group 1 - The core viewpoint of the article highlights the launch of new speaker technologies by Goer, aimed at meeting specific demands in the smartphone and wearable device markets [1] Group 2 - Goer introduced the DPS-F and Daoyin-F speakers to cater to the needs of foldable smartphones, focusing on ultra-thin design, high volume, low distortion, and privacy during calls [1] - For high-end flat smartphones, Goer launched the DPS 2.0 and Daoyin Ultra speakers, which aim to provide a balanced stereo sound and bass-like audio experience [1] - The Rhythm-Z 2.0 speaker was developed for ultra-thin/foldable tablets, addressing the need for reduced thickness while enhancing full-frequency sound quality [1] - Additionally, Goer unveiled the Sandwich 2.0 speaker technology specifically for high-end smartwatches [1]

研究所 [table_reportdate] 通信\电子 2025 年 2 月 24 日 行业周报 行业研究 行业周报 投资评级：推荐 国内各厂商全面接入 deepseek，算力需求加速释放 --通信及电子 20250224 周报 1）摘要 在国内 AI 公司深度求索发布大模型 DeepSeek-R1 之后持续获得高度关 注，包括腾讯、阿里在内的各大平台相继接入 DeepSeek，国内算力需 求有望得到进一步的激发。DeepSeek-R1 在性能上对标全球领先水平， 并且具有明显的成本优势，同时实现全面开源，DeepSeek R1 的发布及 其具备的各项优势，有望使得 AI 应用加速落地，端侧持续受益。随着 端侧算力的增强，端侧模型将在更多的领域中发挥重要作用，特别是在 需要实时处理和高隐私要求的应用场景中。全球 AI 应用商业化有望提 速，AI 应用场景将有望和消费电子等场景深度结合，进入百花齐放的 时期。在算力环节我们优先推荐国内晶圆代工环节，首推龙头中芯国际 和华宏公司，同时建议关注上游设备，半导体设备行业在成熟制程扩产、 国产化替代以及国产设备技术突破的共同推动下，保持快速增长，同时 在先进制程工艺以 ...

Investment Rating - The report maintains a "Recommended" rating for key companies in the AR industry, including Tianyue Advanced, Goer, Lante Optics, and Crystal Optoelectronics [4][5]. Core Insights - The report highlights the significance of Silicon Carbide (SiC) in the development of AR glasses, emphasizing its advantages such as improved display quality, reduced weight, and enhanced heat dissipation [1][2][3]. - The collaboration among companies like Longqi, XREAL, Kunyou Optoelectronics, and Jing Sheng Machinery in the AR glasses sector is noted, indicating a strategic move towards innovation and market expansion [1]. - The report discusses the ongoing advancements in SiC technology, including the reduction of material and processing costs, which are crucial for the mass production of AR glasses [2][3]. Summary by Sections Industry Developments - SiC-based SRG waveguides are identified as a revolutionary innovation, offering high refractive index (2.6-2.7), wide field of view (FOV), and full-color integration, significantly enhancing the immersive experience of AR glasses [1]. - The report mentions that traditional high-refractive index glass provides a maximum full-color FOV of less than 40°, while SiC allows for over 80° [1]. - The report also notes that SiC waveguides can effectively mitigate environmental light diffraction, reducing visual artifacts like "rainbow patterns" [1]. Cost and Production Efficiency - The report indicates that the current challenge in adopting SiC for AR waveguides lies in the material and processing costs, but advancements in production lines for 8-inch SiC substrates are expected to lower costs further [2]. - It is mentioned that a 6-inch wafer can produce 2 pairs of glasses, an 8-inch wafer can yield 3-4 pairs, and a 12-inch wafer can produce 8-12 pairs [2]. Key Companies and Investment Suggestions - The report suggests focusing on companies involved in the assembly and production of SiC materials, including Goer, Tianyue Advanced, and Lante Optics, as well as Crystal Optoelectronics [3].