Core Viewpoint - Lens Technology (06613) reported a significant increase in its mid-year performance for 2025, leading to a stock price rise of over 3% following the announcement [1]. Financial Performance - Total revenue reached approximately RMB 32.96 billion, marking a year-on-year increase of about 14.18% [1]. - Gross profit was approximately RMB 4.305 billion, reflecting a year-on-year increase of about 17.82% [1]. - Net profit attributable to shareholders was approximately RMB 1.143 billion, showing a year-on-year increase of about 32.68% [1]. - Earnings per share stood at RMB 0.23, with a cash dividend of RMB 1.00 per 10 shares (tax included) [1]. Business Segments - The smartphone and computer segment generated revenue of RMB 27.185 billion, a year-on-year growth of 13.19% [1]. - The smart automotive and cockpit segment achieved revenue of RMB 3.165 billion, with a year-on-year increase of 16.45% [1]. - The smart headsets and wearable segment reported revenue of approximately RMB 1.6466 billion, reflecting a year-on-year growth of 14.74% [1]. Market Position - The company continues to strengthen its leading position in the market for glass, ceramics, sapphire, and metal components, completing the R&D and mass production preparations for several flagship smartphones [1]. - The company has successfully collaborated with major clients to mass-produce new high-end models, resulting in rapid growth in market share and profitability compared to the previous year [1]. - The personal computer business benefited from a recovery in market demand, with simultaneous increases in production, sales, and profitability during the first half of the year [1].

Company Overview - Lens Technology Co., Ltd. is primarily engaged in the research, production, and sales of protective panels for electronic products, with its main products being smartphone protective screens [2][3] - The company was established on December 21, 2006, and went public on March 18, 2015 [2] Financial Performance - For the first half of 2025, Lens Technology achieved a revenue of 32.96 billion yuan, representing a year-on-year growth of 14.18% [3] - The net profit attributable to shareholders for the same period was 1.143 billion yuan, showing a year-on-year increase of 32.68% [3] - Cumulatively, the company has distributed 9.465 billion yuan in dividends since its A-share listing, with 4.452 billion yuan distributed over the past three years [4] Stock Performance - As of August 26, 2023, the stock price of Lens Technology increased by 38.08% year-to-date, with a 15.89% rise over the last five trading days [2] - The stock's trading volume on August 26 was 1.594 billion yuan, with a turnover rate of 1.10% [1] Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 15.38% to 147,800, while the average circulating shares per person decreased by 13.32% to 33,595 shares [3] - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, with some holdings increasing and others decreasing compared to the previous period [4] Market Position - Lens Technology operates within the electronic industry, specifically in the consumer electronics sector, focusing on components and assembly [3] - The company's products are utilized in smartphones, tablets, laptops, smart wearable devices, and digital cameras, with the majority of revenue coming from smartphones and computers, accounting for 82.63% of total revenue [2][3]

Core Insights - Lens Technology (300433)(06613) shares rose over 3% post-earnings announcement, currently up 2.68% at HKD 25.3 with a trading volume of HKD 105 million [1] Financial Performance - For the first half of 2025, the company reported total revenue of approximately RMB 32.96 billion, a year-on-year increase of about 14.18% [1] - Gross profit was approximately RMB 4.305 billion, reflecting a year-on-year increase of about 17.82% [1] - Net profit attributable to shareholders was approximately RMB 1.143 billion, marking a year-on-year increase of about 32.68% [1] - Earnings per share stood at RMB 0.23, with a cash dividend of RMB 1.00 per 10 shares (tax included) [1] Business Segments - Revenue from the smartphone and computer segments reached RMB 27.185 billion, a year-on-year growth of 13.19% [1] - The company maintained its leading position in the market for glass, ceramics, sapphire, and metal components, successfully preparing for the R&D and mass production of several flagship smartphones [1] - The personal computer business benefited from a market demand recovery, with both production and sales improving in the first half of the year [1] - Revenue from the smart automotive and cockpit segments was RMB 3.165 billion, showing a year-on-year increase of 16.45% [1] - Revenue from smart headsets and wearable devices was approximately RMB 1.6466 billion, reflecting a year-on-year growth of 14.74% [1]

Core Viewpoint - Lens Technology (06613) reported a strong performance for the first half of 2025, with significant increases in revenue and profit, leading to a rise in stock price by over 3% following the earnings announcement [1] Financial Performance - Total revenue reached approximately RMB 32.96 billion, a year-on-year increase of about 14.18% [1] - Gross profit was approximately RMB 4.305 billion, reflecting a year-on-year increase of about 17.82% [1] - Net profit attributable to shareholders was approximately RMB 1.143 billion, marking a year-on-year increase of about 32.68% [1] - Earnings per share stood at RMB 0.23, with a cash dividend of RMB 1.00 per 10 shares (tax included) [1] Business Segments - Revenue from the smartphone and computer segments was RMB 27.185 billion, showing a year-on-year growth of 13.19% [1] - The company maintained its leading position in the market for glass, ceramics, sapphire, and metal components, successfully preparing for the R&D and mass production of several flagship smartphones [1] - The personal computer business benefited from a market demand recovery, with both production and sales increasing in the first half of the year [1] - Revenue from the smart automotive and cockpit segments reached RMB 3.165 billion, a year-on-year increase of 16.45% [1] - Revenue from smart headsets and wearable devices was approximately RMB 1.6466 billion, reflecting a year-on-year increase of 14.74% [1]

Investment Rating - The investment rating for the company is "Buy" [5] Core Views - The company has achieved significant growth in revenue and profitability, driven by robust performance in consumer electronics and smart automotive sectors, with a revenue of 32.96 billion yuan, a year-on-year increase of 14.2%, and a net profit of 1.14 billion yuan, up 32.7% year-on-year [1] - The company is positioned as a leading provider of precision manufacturing solutions across the entire supply chain for smart terminals, benefiting from advancements in AI technology [4][9] Summary by Sections Consumer Electronics - In the first half of 2025, the company's revenue from smartphones and computers reached 27.18 billion yuan, a year-on-year increase of 13.2%, with a gross margin of 13.2%, slightly down by 0.56 percentage points [2] - The company has enhanced its market share and profitability in the fields of glass, ceramics, sapphire, and metal components, successfully launching several high-end models in collaboration with major clients [2] Smart Automotive - The smart automotive and cockpit business generated revenue of 3.16 billion yuan in the first half of 2025, reflecting a year-on-year growth of 16.5%, with a gross margin of 9.84%, a slight increase of 0.13 percentage points [3] - The company is deepening its product matrix technology and market penetration, with successful mass production of ultra-thin laminated car windows expected to significantly increase the value per vehicle [3] Emerging Fields - The smart wearable and head-mounted display business achieved revenue of 1.65 billion yuan in the first half of 2025, a year-on-year increase of 14.7%, with a gross margin of 23.3%, up 9.7 percentage points [4] - The company is making substantial progress in robotics and smart retail terminals, with revenue growth of 128.2% year-on-year, establishing partnerships with leading intelligent enterprises [4] Financial Forecast and Investment Advice - The company is expected to achieve revenues of 92 billion yuan, 113.1 billion yuan, and 133.9 billion yuan in 2025, 2026, and 2027 respectively, with year-on-year growth rates of 32%, 23%, and 18% [9] - The projected net profit for the same years is 5.24 billion yuan, 6.8 billion yuan, and 8.13 billion yuan, with corresponding growth rates of 45%, 30%, and 20% [9]

Core Viewpoint - In the first half of 2025, Lens Technology (300433) achieved revenue and net profit growth, driven by innovation in consumer electronics and emerging business segments such as embodied intelligence and smart retail, which saw a rapid growth of 128% year-on-year, indicating new growth opportunities [1][2] Financial Performance - The company reported a revenue of 32.96 billion yuan, representing a year-on-year increase of 14.18% - The net profit attributable to shareholders was 1.143 billion yuan, up 32.68% year-on-year - The net profit after deducting non-recurring gains and losses increased by 41.85% year-on-year - A cash dividend of 1.00 yuan per 10 shares (including tax) is proposed, totaling 526 million yuan, with a payout ratio of 46% [1] Market Position and Product Development - Lens Technology maintained its leading position in the market for exterior and structural components, achieving a revenue of 27.185 billion yuan in the smartphone and computer segments, a year-on-year increase of 13.19% - The company is well-prepared for the upcoming peak production season in the consumer electronics industry, having completed the R&D and production preparation for several flagship smartphones [1] Emerging Business Segments - The other intelligent terminal segment, including embodied intelligence and smart retail, achieved a revenue growth of over 128% to 364 million yuan in the first half of the year - The company is making substantial progress in collaboration with leading domestic and international embodied intelligence firms, delivering core components and complete assembly for products like joint modules and exoskeleton devices [2] Innovations in New Technologies - In collaboration with a major North American client, the development and validation of foldable screen products are progressing smoothly, with capacity planning and investment in place for large-scale production - The new 3D glass market is expected to see rapid growth, with a favorable supply-demand dynamic anticipated [2] Growth in Automotive and Wearable Technology - The automotive business is entering mass production with ultra-thin laminated car windows for new models from leading domestic car manufacturers - The smart head-mounted display and wearable technology sectors achieved double-digit growth, with breakthroughs in core processes such as waveguide lens yield optimization [2]

一、审议程序 蓝思科技股份有限公司（以下简称"公司"）于 2025 年 8 月 25 日召开第五 届董事会第七次会议，审议通过了《关于 2025 年中期利润分配方案的议案》，表 决结果：七票同意，零票反对，零票弃权。根据公司 2024 年度股东会授权，本 议案无需提交公司股东会审议。 二、利润分配方案的基本情况 （一）可供分配利润 公 司 2025 年 上 半 年 实 现 归 属 于 上 市 公 司 股 东 的 净 利 润 为 人 民 币 思科技股份有限公司章程》有关规定，按照母公司本期实现净利润加年初未分配 利润 15,717,068,592.51 元，减 2024 年度现金分红（即 2025 年上半年已分配利润） 人民币 1,983,582,001.60 元，截至 2025 年 6 月 30 日，公司实际可供股东分配利 润为人民币 14,464,160,992.29 元。 证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-064 蓝思科技股份有限公司 关于 2025 年中期利润分配方案的公告 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。 ...

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-066 蓝思科技股份有限公司 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。 根据《蓝思科技股份有限公司章程》（以下简称"《公司章程》"）的有关 规定，经蓝思科技股份有限公司（以下简称"公司"）第五届董事会第七次会议 审议通过，决定于 2025 年 9 月 15 日召开 2025 年第三次临时股东会。现将会议 有关事项通知如下： 一、召开会议的基本情况 国公司法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司 自律监管指引第 2 号—创业板上市公司规范运作》等法律、行政法规、部门规章、 规范性文件及《公司章程》的有关规定。 （1）现场会议时间：2025 年 9 月 15 日 14:30。 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 联网投票系统投票的具体时间为 2025 年 9 月 15 日 9:15 至 15:00 的任意时间。 （1）2025 年 9 月 8 日下午收市后，在中国证券登记结算有限公司深圳分公 ...

智通财经APP讯，蓝思科技(300433.SZ)发布2025年半年度报告，报告期内，公司实现营业收入329.6亿 元，同比增长14.18%。实现归属于上市公司股东的净利润11.43亿元，同比增长32.68%。实现归属于上 市公司股东的扣除非经常性损益的净利润9.4亿元，同比增长41.85%。基本每股收益0.23元。 ...

Core Viewpoint - In the first half of 2025, the company achieved double growth in revenue and net profit, driven by innovations in consumer electronics empowered by AI, with significant growth in emerging business sectors such as embodied intelligence and smart retail, indicating new growth potential [1]. Revenue and Profit Growth - The company reported a revenue of 32.96 billion yuan, a year-on-year increase of 14.18% - The net profit attributable to shareholders was 1.143 billion yuan, up 32.68% year-on-year - The net profit after deducting non-recurring items grew by 41.85% year-on-year - A cash dividend of 1.00 yuan per 10 shares (including tax) is proposed, totaling 526 million yuan, with a payout ratio of 46% [2]. Consumer Electronics Market Dynamics - The consumer electronics industry is recovering, supported by AI technology and "old-for-new" subsidies - The company maintained its leading position in the market for glass, ceramics, sapphire, and metal components, achieving a revenue of 27.185 billion yuan in the smartphone and computer segments, a year-on-year increase of 13.19% - With the traditional peak season approaching, the company is prepared for mass production of new AI smartphones and AR glasses, enhancing market share and profitability [3]. Product Development and Innovation - The company is actively engaging in research and development of innovative products in the consumer electronics sector, including successful collaboration with major North American clients on foldable screen products - The demand for new 3D glass is rapidly increasing, with expectations for a significant market expansion [4]. Emerging Business Segments - The "other smart terminal" segment, which includes embodied intelligence and smart retail, saw a revenue increase of over 128% year-on-year, reaching 364 million yuan - The company has made substantial progress in partnerships with leading embodied intelligence firms, achieving mass delivery of core components and complete assemblies [5]. Growth in Automotive and Wearable Technology - The company experienced double-digit growth in the smart automotive and cockpit, as well as smart headsets and wearables sectors - In the automotive sector, ultra-thin laminated car windows are being integrated into the production systems of leading domestic car manufacturers - Breakthroughs in core processes for optical waveguide lenses have enabled large-scale delivery of AI glasses to major domestic clients, with plans for further collaboration with global wearable technology leaders [6].