证券代码：002241 证券简称：歌尔股份 公告编号：2025-077 歌尔股份有限公司 关于注销 2023 年股票期权激励计划首次授予部分第一 个行权期到期未行权股票期权的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 歌尔股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日召开了第六届董事 会第三十一次会议及第六届监事会第二十六次会议，审议通过了《关于注销 2023 年股票期权激励计划首次授予部分第一个行权期到期未行权股票期权的议案》，现将 有关情况公告如下： 一、2023 年股票期权激励计划已履行的相关审批程序 1、2023 年 7 月 19 日，公司召开第六届董事会第七次会议，审议通过了《关于 审议<歌尔股份有限公司 2023 年股票期权激励计划（草案）及其摘要>的议案》《关 于审议<歌尔股份有限公司 2023 年股票期权激励计划实施考核管理办法>的议案》 《关于提请股东大会授权董事会办理 2023 年股票期权激励计划相关事宜的议案》， 第六届监事会第六次会议审议通过了相关议案，并对 2023 年股票期权激励计划（以 下简称"本次激 ...

经核查，监事会认为：公司本次注销 2023 年股票期权激励计划首次授予部分第 一个行权期到期未行权股票期权事项符合《上市公司股权激励管理办法》《歌尔股份 有限公司 2023 年股票期权激励计划（草案）（修订稿）》等的相关规定，程序合法、 有效，不存在损害公司及股东利益的情况，因此，我们同意公司注销 2023 年股票期 权激励计划首次授予部分第一个行权期到期未行权股票期权共计 6.9 万份。 歌尔股份有限公司 歌尔股份有限公司监事会 二〇二五年八月二十七日 监事会关于注销 2023 年股票期权激励计划首次授予 部分第一个行权期到期未行权股票期权的审核意见 根据《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二十六次会议议案中关于注销 2023 年股票 期权激励计划首次授予部分第一个行权期到期未行权股票期权的相关事项进行了认 真核查，并发表审核意见如下： ...

北京市天元律师事务所 关于歌尔股份有限公司 2023 年股票期权激励计划 注销首次授予部分第一个行权期到期未行权股票期权 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 2023 年股票期权激励计划 注销首次授予部分第一个行权期到期未行权股票期权 本所律师特作如下声明： 1、 本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办 法》和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见出具 之日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚 实信用原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、 完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大 遗漏，并承担相应法律责任。 的法律意见 京天股字（2023）第 428-7 号 致：歌尔股份有限公司 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 ...

Core Viewpoint - The company announced the cancellation of unexercised stock options from the first exercise period of the 2023 stock option incentive plan, which expired without being exercised [1][3][4]. Summary by Sections 1. Stock Option Incentive Plan Approval Process - The company held meetings to review and approve the 2023 stock option incentive plan, including the list of initial grant recipients and related legal opinions [1][2]. - The total number of initial grant recipients was adjusted from 5,704 to 5,551, and the number of stock options granted was adjusted from 210 million to 208.99 million [1][2]. 2. Cancellation of Stock Options - As of August 27, 2025, a total of 77.31 million stock options were exercised, while 69,000 options remained unexercised and were subsequently canceled [3]. - The cancellation aligns with the regulations of the stock option incentive plan and will not significantly impact the company's financial status or operational results [3][4]. 3. Supervisory Board and Legal Opinions - The supervisory board confirmed that the cancellation of the unexercised stock options complied with relevant regulations and did not harm the interests of the company or its shareholders [3][4]. - Legal opinions from Beijing Tianyuan Law Firm affirmed that the necessary approvals for the cancellation had been obtained and that the process was legally valid [4].

Core Viewpoint - The supervisory board of GoerTek Inc. has approved the cancellation of 69,000 stock options from the 2023 stock option incentive plan that were not exercised by the end of the first exercise period, confirming compliance with relevant regulations and ensuring no harm to the company's or shareholders' interests [1][1][1] Summary by Relevant Sections - The supervisory board conducted a thorough review of the proposal regarding the cancellation of unexercised stock options [1] - The cancellation of the stock options is in accordance with the "Management Measures for Equity Incentives of Listed Companies" and the company's own regulations [1] - The decision to cancel the stock options was deemed legal and effective, with no adverse effects on the company or its shareholders [1]

北京市天元律师事务所 关于歌尔股份有限公司 注销首次授予部分第一个行权期到期未行权股票期权 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 注销首次授予部分第一个行权期到期未行权股票期权 的法律意见 京天股字（2023）第 428-7 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 2023 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注销首次授予部分第一个行权期到期未 行权股票期权（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自律监管指南第 1 号——业务办理》《律师事务所从事证券法律业务管理办法》等法律、 ...

Investment Rating - The report maintains a "Buy" rating for key companies in the AI+AR glasses industry, including GoerTek, Crystal Optoelectronics, Sunny Optical Technology, and OmniVision Technologies [5][8][25]. Core Insights - The upcoming Meta Connect conference is expected to showcase multiple new smart glasses and a new metaverse software, indicating a significant shift in the AI+AR glasses market [2][9]. - The report anticipates a turning point for AR products, with a surge in new product launches from major companies like Meta, Apple, Xiaomi, ByteDance, and Alibaba from the second half of 2025 to 2027, marking a "year of mass production" for the industry [3][19]. - The report emphasizes the importance of waveguide technology as a critical component for the next phase of AR glasses, which will enhance display quality, module weight, and cost [3][22]. Summary by Sections Upcoming Product Launches - Meta is expected to release the Celeste smart glasses, featuring an Lcos+ full-color waveguide display, with a starting price of $800, significantly lower than previous expectations [2][10]. - The new Ray-Ban Meta 3 is anticipated to include prescription and pilot styles, while a new sports-oriented Oakley smart glasses is also expected [10][14]. Industry Trends - The report highlights the growing competition in the AI+AR glasses market, with various companies launching products aimed at different consumer segments, including fashion, sports, and high-end markets [10][13]. - The report suggests that the release of new products by leading companies will likely boost sales expectations for 2025-2026, providing potential catalysts for their core supply chains [4][22]. Investment Opportunities - The report recommends focusing on two main lines of investment: the potential sales boost from Meta's new product launches and the upcoming turning point for AR glasses, particularly in optical display segments [4][22]. - Key companies to watch include GoerTek, Crystal Optoelectronics, Sunny Optical Technology, and OmniVision Technologies, with specific recommendations for their respective segments [8][25].

Core Insights - The consumer electronics industry is showing signs of recovery, with 80 out of 101 companies reporting revenue growth year-on-year, and 35 companies achieving over 20% growth [1] - Industrial Fulian leads the sector with significant revenue and profit growth, achieving 360.76 billion yuan in revenue and 12.11 billion yuan in net profit for the first half of 2025, marking a year-on-year increase of 35.58% and 38.61% respectively [2] - The emergence of "dark horse" companies is notable, with several firms reporting revenue growth exceeding 50%, particularly those focused on AI applications [4] Industry Performance - The consumer electronics sector has 22 companies with revenues exceeding 10 billion yuan, with notable performances from companies like Luxshare Precision and Hikvision, which reported revenues of 124.50 billion yuan and 41.82 billion yuan respectively [3] - A total of 14 companies reported net profit growth exceeding 100%, with Qianfang Technology and Silan Micro achieving remarkable increases of 1287.12% and 1162.42% in net profit [5] AI Impact - AI technology is driving new growth points in the consumer electronics industry, with products like AI smartphones and smart home devices gaining traction [6] - The short-term effects of AI-related investments are evident, particularly for companies that have early adopted AI technologies [6] Market Disparities - Despite the overall recovery, there is a clear divergence within the industry, with 16 companies reporting a decline in net profit exceeding 30% [7] - Companies like AOC Technology and OFILM have reported losses, with AOC's net profit dropping to -0.49 billion yuan from a profit of 0.05 billion yuan in the previous year [7] Competitive Landscape - The competitive environment is intense, with leading companies capturing a significant market share, making it challenging for smaller firms to compete effectively [8]

Group 1 - The core viewpoint of the news highlights the recent performance and financial metrics of GoerTek Inc, including stock price movements and trading volumes [1][2] - As of August 27, GoerTek's stock price increased by 2.03% to 34.75 CNY per share, with a total market capitalization of 121.33 billion CNY [1] - Year-to-date, GoerTek's stock has risen by 35.41%, with significant increases over various trading periods: 19.83% in the last 5 days, 48.89% in the last 20 days, and 64.68% in the last 60 days [1] Group 2 - GoerTek's main business segments include smart hardware (54.17% of revenue), smart acoustic systems (22.17%), precision components (20.25%), and others (3.41%) [1] - For the first half of 2025, GoerTek reported a revenue of 37.55 billion CNY, a year-on-year decrease of 7.02%, while net profit attributable to shareholders increased by 15.65% to 1.42 billion CNY [2] Group 3 - GoerTek has distributed a total of 4.96 billion CNY in dividends since its A-share listing, with 1.71 billion CNY distributed over the past three years [3] - As of June 30, 2025, the largest shareholders include Hong Kong Central Clearing Limited, which holds 106 million shares, a decrease of 20.42 million shares from the previous period [3]

Group 1 - AI technology is driving growth in the consumer electronics sector, particularly in high-performance acoustic sensors and micro-speakers, with potential expansion into more AI-enabled smart hardware products [1] - The global market for AI smart glasses, focusing on voice interaction and image recognition, is expected to grow rapidly by the first half of 2025, supported by advancements in waveguide, micro-display, and system-level packaging technologies [1] - In the first half of 2025, the company reported revenue of 3.75 billion yuan, a year-on-year decrease of 7.02%, while net profit attributable to shareholders increased by 15.65% to 1.42 billion yuan, with a gross margin of 13.47% [1] Group 2 - The company has signed a memorandum of understanding to acquire 100% equity of Shanghai Aolai, enhancing its core competitiveness in the field of optical devices [2] - This acquisition will allow the company to alleviate funding pressures and accelerate the formation of mature production capacity in the optical device sector [2] - Post-transaction, the company will remain the largest shareholder of Aolai, combining its customer resources in AI smart glasses and AR with Aolai's optical device capabilities to create greater value for shareholders [3] Group 3 - Revenue projections for the company from 2025 to 2027 are estimated at 103.35 billion yuan, 110.85 billion yuan, and 121.96 billion yuan, with year-on-year growth rates of 2.4%, 7.3%, and 10.0% respectively [3] - Net profit forecasts for the same period are 3.40 billion yuan, 4.06 billion yuan, and 5.09 billion yuan, with year-on-year growth rates of 27.6%, 19.3%, and 25.5% respectively [3] - The company is expected to maintain a competitive edge in acoustic, optical, microelectronics, and precision manufacturing sectors, with opportunities in automotive electronics and positive developments in sensors and optical devices [3]