Summary of Crystal Optoelectronics Conference Call Company Overview - **Company**: Crystal Optoelectronics - **Date**: August 19, 2025 Key Points Leadership Changes - The board of directors has undergone a restructuring, with Li Xiayun appointed as the new chairperson, succeeding Lin Min, who will remain as a board member and head of the strategic committee [2][3][10] - The board size remains at 12, with external directors reduced from 4 to 3, and the addition of a staff representative director [3] - The new executive team has been streamlined from 17 to 11 members, with key roles filled by experienced individuals [3][4] Strategic Direction - The company aims to enhance its international presence, particularly in the North American market, and deepen partnerships with major tech companies [2][11] - Three strategic goals have been set for the next five years: 1. Build a resilient dual-circulation system to mitigate risks [14] 2. Strengthen core strategic partnerships with North American clients [14] 3. Invest deeply in the metaverse sector, aiming to become a global leader in optical display solutions by 2030 [14] New Chairperson's Vision - Li Xiayun, with over 20 years of experience in the company, will focus on: 1. Leading the next five-year strategic plan [9] 2. Coordinating global expansion efforts [9] 3. Supporting major strategic projects [9] - Her leadership is expected to drive significant growth and innovation within the company [8][9] Market Opportunities and Challenges - The optical industry is anticipated to thrive in the coming decades, driven by increased demand for information presentation in the era of large models [11] - The company recognizes the importance of building a global, professional, and youthful leadership team to navigate complex challenges [12][13] Organizational Changes - The company is committed to fostering a leadership team that combines experience with youthful energy, ensuring cultural and historical continuity [13] - A dual-circulation strategy is being implemented to balance domestic and international operations, enhancing resilience against global uncertainties [14][39] AR and Metaverse Initiatives - Significant progress has been made in the AR sector, with the company positioning itself as a key player in the development of waveguide technology [25][48] - The establishment of a Seattle office marks a strategic move to enhance AR capabilities and partnerships [25] Manufacturing and Operational Enhancements - The company is optimizing its manufacturing processes through automation and digitalization, with plans to replicate successful production lines in overseas locations [34][39] - The new manufacturing base in Vietnam is set to enhance production capabilities and meet North American client demands [46][47] Future Growth Projections - The company anticipates growth in several areas, including: 1. Enhanced stability and competitiveness through technological advancements [53] 2. Contributions from the new Vietnam facility [53] 3. Expansion in automotive and robotics sectors due to favorable policy changes [53] Upcoming Events - A half-year financial report will be released on August 27, followed by an investor meeting on August 28, where key executives will discuss financial performance and strategic initiatives [54] This summary encapsulates the critical insights and strategic directions discussed during the conference call, highlighting the company's commitment to growth, innovation, and leadership development in the optical industry.

关于公司换届选举 证券代码：002273.SZ 及高级管理人员调整的专项说明 目 录 Catalogue 2 创始人发言 林敏 3 新任董事长发言 李夏云 1 公司治理架构调整的专项说明 韩莉 4 总经理发言 王震宇 5 互动交流 2 公司治理架构调整的专项说明 3 董事会调整 第六届董事会 第七届董事会 4 核心领导层人员调整 第六届 第七届 • 董事长 李夏云 5 • 董事长 林敏（创始人） • 董事兼总经理 王震宇 • 董事兼副总经理 刘风雷 • 董事兼副总经理 李夏云 • 副总经理兼财务总监 郑萍 • 副总经理 唐健 • 副总经理 熊波 • 副总经理 钱滔 • 副总经理 王保新 • 副总经理 金利剑 • 副总经理兼董事会秘书 韩莉 • 董事 林敏（创始人） • 董事兼总经理 王震宇 • 董事兼副总经理 刘风雷 • 副总经理兼财务总监 郑萍 • 副总经理 唐健 • 副总经理 钱滔 • 副总经理兼董事会秘书 韩莉 新老交接，打造全球化、专业化、年轻化的管理团队 感谢第六届高管团队兢兢业业，为公司发展作出的杰出贡献！ 6 l 全体管理层意识形态统一，理解并大力支持公司迈向发展新阶段！ l 离任的原第六届高管 ...

Group 1: Management Changes - The board of directors will remain at the same number, with one employee representative added and three external directors adjusted to two [3] - The number of senior management personnel will be reduced from 10 to 6 [3] - The adjustment aims to align with the company's development needs and achieve strategic goals by 2030 [8] Group 2: New Leadership Focus - New Chairman Li Xiayun will focus on five key areas: strategic planning, global strategy, team building, organizational change, and supporting operational goals [7] - Li Xiayun has extensive experience in various management roles within the company, contributing to significant project developments [5][6] Group 3: Strategic Goals - The company aims to build a dual circulation system to enhance risk resilience and operational balance [10] - The focus will be on deepening partnerships with North American clients, transitioning from OEM to ODM models [11] - The goal is to become a leading global provider of optical display solutions for the metaverse [11] Group 4: Future Development Plans - The company plans to establish a manufacturing base in Taizhou to enhance competitiveness and meet client demands [11] - The strategic plan includes a focus on AR technology, with significant investments and project developments anticipated [12][16] - The company aims to build a strong support system for its strategic goals, including organizational and talent upgrades [18] Group 5: Risk Management and Market Adaptation - The company emphasizes the importance of risk management in light of global uncertainties, particularly in the context of U.S.-China relations [10] - The strategic plan will adapt to market changes, focusing on both domestic and international business growth [15][37] - The company is committed to enhancing its technological capabilities and product offerings to meet evolving market demands [16][36]

Core Viewpoint - The leadership transition at Crystal Optoelectronics is a strategic move for generational succession and global expansion, with a focus on the "15th Five-Year Plan" and key objectives in dual circulation, AR optics, and North American partnerships [1][2][3]. Leadership Transition - Founder Lin Min steps down as chairman but remains on the board, emphasizing support for the younger team and focusing on talent development, long-term strategy, global expansion, and major project execution [2]. - New chairman Li Xiayun, a founding team member, has a strong track record in North American operations and is seen as the ideal candidate for cultural transmission and global strategy [2]. "15th Five-Year Plan" Strategy - The company aims to build a resilient dual circulation system, with Singapore as the operational headquarters and expanded manufacturing bases in Vietnam, balancing domestic and international sales to mitigate geopolitical risks [3]. - Crystal Optoelectronics targets becoming a global leader in AR optics by 2030, focusing on reflective waveguide technology and developing a diverse product matrix [3]. - The company plans to deepen strategic partnerships with North American clients, transitioning from OEM to ODM, and establishing an advanced manufacturing base in Taizhou [3]. Business Layout - Despite a slowdown in the consumer electronics market, there remains innovation demand, particularly from North American clients in camera systems and display technologies [4]. - AI and AR are viewed as significant growth areas, with the company's waveguide technology gaining recognition from North American clients [4]. Investor Concerns - The management emphasizes a balanced team of experienced and younger professionals to ensure stability while fostering innovation [5]. - Following a breakthrough in profitability in 2023, the market anticipates that strategic upgrades will lead to higher quality growth, with a gradual optimization of business structure towards dual circulation and AR initiatives [5].

证券日报网讯8月18日晚间，水晶光电（002273）发布公告称，公司于2025年8月18日召开了第三届第十 一次职工代表大会，选举王建华先生担任公司第七届董事会职工代表董事。王建华先生将与公司2025年 第三次临时股东大会选举产生的7名非独立董事、4名独立董事共同组成公司第七届董事会，任期为三 年，与第七届董事会任期一致。 ...

Group 1 - The company, Crystal Optoelectronics, announced that its seventh first board meeting was held on August 18, 2025, using a combination of in-person and video communication voting methods [2] - The meeting reviewed the proposal regarding the election of the chairman of the seventh board of directors [2]

证券代码：002273 股票简称：水晶光电 公告编号：（2025）055 号 浙江水晶光电科技股份有限公司 关于董事会完成换届选举及聘任高级管理人员等相关人员的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 2025 年 8 月 18 日下午，公司召开第七届董事会第一次会议，选举产生了公司第七届董 事会董事长、董事会各专门委员会委员，并聘任了公司高级管理人员（包括总经理、副总经 理、财务总监、董事会秘书），以及证券事务代表、内审负责人。目前，公司第七届董事会 换届选举已完成，现将具体情况公告如下： 一、公司第七届董事会组成情况 1、董事会成员 公司第七届董事会由 12 名董事组成，其中非独立董事 7 名，独立董事 4 名，职工代表 董事 1 名，成员如下： （1）非独立董事：李夏云女士、林敏先生、王震宇先生、FENGLEI LIU（刘风雷）先生、 蒋亦标先生、叶静女士、陈庆中先生 （2）独立董事：李宗彦先生、甘为民先生、张宏旺先生、方刚先生 （3）职工代表董事：王建华先生 公司第七届董事会任期自公司 2025 年第三次临时股东大会审议通过之日起三年。公司 ...

证券代码：002273 股票简称：水晶光电 公告编号：（2025）056 号 浙江水晶光电科技股份有限公司 关于举办投资者接待日活动的公告 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。 为进一步加强与投资者的沟通交流，倾听投资者的意见和建议，便于广大投资者全面、 深入地了解浙江水晶光电科技股份有限公司（以下简称"公司"）的战略布局以及业务经营 情况，公司定于2025年8月28日以现场方式举行投资者接待日活动。现将有关事项公告如下： 一、活动计划召开情况 1、召开时间：2025 年 8 月 28 日（星期四）下午 14:00—16:00 2、召开地点：浙江省台州市椒江区开发大道东段 2198 号 3、出席人员：董事长李夏云女士、董事林敏先生、董事兼总经理王震宇先生、董事兼 副总经理刘风雷先生、副总经理兼财务总监郑萍女士、副总经理唐健先生、副总经理钱滔女 士、副总经理兼董事会秘书韩莉女士（如有特殊情况，参与人员会有调整）。 二、活动预约报名方式 为了更好地安排本次活动，请计划参与本次活动的投资者于2025年8月25日（星期一） 下午17:00之前，扫描下列二维码 ...

证券代码：002273 股票简称：水晶光电 公告编号：（2025）053 号 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 根据《中华人民共和国公司法》（以下简称"公司法"）《深圳证券交易所股票上市规 则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等相关法 律法规和《浙江水晶光电科技股份有限公司章程》（以下简称"公司章程"）的相关规定， 浙江水晶光电科技股份有限公司（以下简称"公司"）第七届董事会由 12 名董事组成，其 中一名为职工代表董事，由公司职工代表大会选举产生。公司于 2025 年 8 月 18 日召开了第 三届第十一次职工代表大会，本次职工代表大会采取无记名投票和差额选举的方式，选举王 建华先生担任公司第七届董事会职工代表董事（简历详见附件）。 王建华先生将与公司 2025 年第三次临时股东大会选举产生的 7 名非独立董事、4 名独 立董事共同组成公司第七届董事会，任期为三年，与第七届董事会任期一致。 第七届董事会职工代表董事王建华先生符合《公司法》《公司章程》等法律法规关于董 事任职的资格和条件。本次选举完成后，公 ...

上海锦天城（杭州）律师事务所 法律意见书 上海锦天城（杭州）律师事务所 关于浙江水晶光电科技股份有限公司 2025 年第三次临时股东大会的 法律意见书 地址：浙江省杭州市上城区富春路 308 号华成国际发展大厦 11/12 层 电话：0571-89838088 传真：0571-89838099 邮编：310020 上海锦天城（杭州）律师事务所 关于浙江水晶光电科技股份有限公司 2025 年第三次临时股东大会的法律意见书 上锦杭【2025】法意字第【40813】号 致：浙江水晶光电科技股份有限公司 上海锦天城（杭州）律师事务所（以下简称"本所"）接受浙江水晶光电科技 股份有限公司 （以下简称"公司"）的委托，就公司召开 2025 年第三次临时股东 大会（以下简称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》 （以下简称《公司法》）等法律、法规和其他规范性文件以及《浙江水晶光电科 技股份有限公司章程》（以下简称《公司章程》）的有关规定，出具本法律意见 书。 为出具本法律意见书，本所及本所律师依据《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》等规定，严格履行了法定职 责，遵 ...