证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-046 特此公告。 蓝思科技股份有限公司 关于提前归还部分临时补充流动资金的闲置募集资金的公告 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。 蓝思科技股份有限公司（以下简称"公司"）2025 年 1 月 13 日召开第四届 董事会第二十九次会议和第四届监事会第二十六次会议，审议通过了《关于使用 部分闲置募集资金暂时补充流动资金的议案》，同意公司使用不超过人民币 24 亿元的暂时闲置募集资金临时补充流动资金，使用期限自本次董事会审议通过之 日起不超过 12 个月，即本次补充流动资金到期日为 2026 年 1 月 12 日。2025 年 2 月、3 月，公司合计提前归还了 3 亿元临时补充流动资金的募集资金至募集资 金专项账户。具体内容详见公司于 2025 年 1 月 14 日、2 月 14 日、2 月 28 日、3 月 15 日在巨潮资讯网（http://www.cninfo.com.cn）等符合中国证监会规定条件的 媒体上发布的《关于使用部分闲置募集资金暂时补充流动资金的公告》《关于提 前归 ...

Core Viewpoint - The company is positioned as a one-stop precision manufacturing solution provider for smart terminals, focusing on vertical integration and horizontal expansion in the industry chain [1] Group 1: Business Development - The company has expanded its product lines by establishing subsidiaries for new materials such as ceramics and sapphire, and has entered the smartphone mid-frame processing business through acquisitions [2] - The company has initiated a smart terminal assembly project, achieving a full industry chain layout from raw material production to complete assembly, which supports revenue growth [2] Group 2: Automotive Electronics - Since 2015, the company has been deeply involved in the new energy vehicle market, establishing long-term partnerships with major manufacturers like Tesla, BMW, and BYD [3] - The company produces a variety of automotive electronic products, including vehicle-mounted glass and components, which are expected to become a significant growth driver [3] Group 3: Emerging Businesses - The company has developed core manufacturing processes for foldable screens and supplies key components to major clients [4] - A strategic partnership with Rokid for AI/XR glasses has been established, covering the entire production chain from design to assembly [4] - The company has launched smart retail terminals in collaboration with Alipay, showcasing its rapid production capabilities [4] - The company has been involved in the robotics sector since 2016, successfully delivering humanoid robots in partnership with Zhiyuan Robotics [4] Group 4: Financial Projections - Revenue projections for 2025-2027 are estimated at 92.16 billion, 113.24 billion, and 132.63 billion yuan, with year-on-year growth rates of 31.85%, 22.88%, and 17.12% respectively [5] - Net profit forecasts for the same period are 5.03 billion, 6.40 billion, and 7.57 billion yuan, with growth rates of 38.91%, 27.05%, and 18.35% [5] - Earnings per share (EPS) are projected to be 1.01, 1.28, and 1.52 yuan for 2025, 2026, and 2027 respectively [5]

Investment Rating - The report assigns a "Buy" rating to the company [5] Core Viewpoints - The company is positioned as a leading provider of one-stop precision manufacturing solutions for smart terminals, leveraging its extensive experience in materials and technology to expand its business across various sectors [1][14] - The company has established a comprehensive vertical integration from raw material production to final assembly, enhancing its competitive edge in the consumer electronics and automotive electronics markets [15][20] - The company is actively exploring emerging markets such as AI/XR glasses, smart retail terminals, and humanoid robots, which are expected to contribute significantly to future growth [4][15] Summary by Sections Company Overview - The company, originally founded in 1993, has evolved into a leading precision manufacturing solution provider for smart terminals, with a focus on new materials, technologies, and equipment [1][14] - The company has a concentrated ownership structure, with the chairman and her husband holding over 62% of the shares [16] Business Layout - The company implements a "Four New Strategy" focusing on new materials, technologies, equipment, and fields, achieving both vertical and horizontal expansion in its operations [20][15] - It has established long-term strategic partnerships with leading global brands in consumer electronics and smart automotive sectors [20] Financial Analysis - The company has shown steady revenue growth, with a CAGR of 16.67% from 2018 to 2024, and a significant improvement in profitability since 2022 [27][29] - In 2024, the company achieved a net profit of 3.624 billion, reflecting a year-on-year increase of 19.94% [27] Consumer Electronics - The company is capitalizing on the growth of AI-enabled terminals, with a projected increase in global smartphone sales in 2024 [36] - The company has a comprehensive product offering that includes protective glass, metal frames, and various functional modules for consumer electronics [20][56] Automotive Electronics - The company has established a strong presence in the automotive electronics market, collaborating with major manufacturers to provide a range of products including in-car displays and structural components [3][20] Emerging Businesses - The company is actively developing technologies for foldable screens, AI/XR glasses, smart retail terminals, and humanoid robots, positioning itself for future growth opportunities [4][15] - It has formed strategic partnerships to enhance its capabilities in these emerging fields, such as collaborating with Rokid for AI glasses production [4][15]

Investment Rating - The report assigns a "Buy" rating to several companies related to the foldable phone and AI device supply chain, including SZS, Fositek, Lingyi, AVC, AAC, and Huaqin [17]. Core Insights - The report highlights a positive outlook for Lens Technology Co. (300433.SZ) as it expands its product offerings from smartphone components to emerging markets such as AI glasses and automotive components, which is expected to enhance profitability through improved utilization rates and specification upgrades [1][4]. - There is an anticipated increase in global foldable phone shipments and a rising demand for AI devices driven by generative AI use cases, aligning with the company's optimistic view on AI glasses and foldable phones [2][4]. Summary by Sections 2025 Outlook - Management is optimistic about growth in 2025, supported by new smartphone model launches from major customers, which is expected to improve utilization rates during traditionally slow seasons [4][8]. Tariffs' Impact - Tariffs are expected to have a minor impact on growth due to the company's shipping practices and global production sites in Vietnam, Thailand, Mexico, and China, allowing for flexible capacity adjustments [8][9]. New Business Expansion - Lens Tech aims to penetrate the automotive components market, targeting major OEMs with higher dollar content per vehicle, and has formed a strategic partnership with Rokid in the AI glasses sector, anticipating growth as market demand increases [9][4].

Summary of Key Points Core Viewpoint - The company, Lens Technology, has announced a share repurchase plan aimed at enhancing investor confidence and implementing employee stock ownership and incentive plans, with a total repurchase amount ranging from RMB 5 billion to RMB 10 billion [1][2]. Group 1: Share Repurchase Plan Overview - The repurchase will utilize self-owned or self-raised funds through centralized bidding, targeting a maximum share price of RMB 35 per share [2][3]. - The estimated number of shares to be repurchased ranges from approximately 14,285,714 shares (0.29% of total shares) to 28,571,429 shares (0.57% of total shares) based on the total repurchase amount [1][2]. - The repurchase period is set for 12 months from the date of board approval [2][3]. Group 2: Approval and Disclosure Procedures - The share repurchase plan was approved by the company's board of directors and does not require shareholder approval as per the company's articles of association [3]. - The company will fulfill its information disclosure obligations at various stages during the repurchase process, including updates on the progress of the repurchase [3][4]. Group 3: Funding and Compliance - The funding for the repurchase will come from the company's own funds or self-raised funds, with sufficient liquidity to meet the repurchase plan [4]. - The company has established a dedicated securities account for the repurchase, ensuring that the funds are used solely for this purpose [4]. Group 4: Insider Trading and Market Manipulation - A self-examination confirmed that no directors, supervisors, senior management, or major shareholders engaged in buying or selling the company's shares within six months prior to the board's decision on the repurchase [4].

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-045 蓝思科技股份有限公司 回购股份报告书 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。 重要提示： 1、蓝思科技股份有限公司（以下简称"公司"）拟使用公司自有资金或自筹 资金，以集中竞价交易方式回购公司部分已发行的人民币普通股（A股）股份， 用于实施员工持股计划或股权激励计划。本次回购金额不低于人民币5亿元（含） 且不超过人民币10亿元（含），按回购资金总额上限人民币10亿元和回购股份价 格上限35元/股测算，预计回购股份数量约为28,571,429股，约占目前公司总股本 的0.57%；按回购总金额下限人民币5亿元和回购股份价格上限35元/股测算，预 计回购股份数量约为14,285,714股，约占目前公司总股本的0.29%。（具体回购 金额及回购数量以回购期满时实际使用的资金和回购的股份数量为准）。回购 股份期限为自公司董事会审议通过本次回购股份方案之日起12个月内。 2、本次回购股份相关事项已经公司2025年4月7日召开的第五届董事会第四 次会议审议通过。公司已在中国证券登记结算有限责 ...

统一社会信用代码：91430000796852865Y 关于完成工商变更登记的公告 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。 蓝思科技股份有限公司（以下简称"公司"）于 2025 年 3 月 28 日召开 2025 年第二次临时股东大会，审议通过了《关于变更公司类型的议案》，同意公司根 据《中华人民共和国外商投资法》规定及《国家市场监管总局关于贯彻落实<外 商投资法>做好外商投资企业登记注册工作的通知》（国市监注[2019]247 号）要 求，将企业类型变更为"股份有限公司（港澳台投资、上市）"。 2025 年 5 月 20 日，公司完成相应工商变更登记备案，并取得了湖南省市场 监督管理局换发的营业执照，现将相关信息公告如下： 证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-044 蓝思科技股份有限公司 名称：蓝思科技股份有限公司 注册资本：498306.978100 万人民币 类型：股份有限公司（港澳台投资、上市） 成立日期：2006 年 12 月 21 日 准文件或许可证件为准）一般项目：光学玻璃制造；技术玻璃制品制造；特种陶 瓷 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for overseas listing applications from several companies, focusing on compliance with tax, investment, and regulatory frameworks [1][2][4][5][8][10]. Group 1: Supplementary Material Requirements - For MicroVision Technology, the CSRC requires clarification on tax declaration and payment related to the merger with Future Vision, in accordance with relevant tax regulations [1][4]. - For Longhong New Materials, the CSRC is concerned about the legitimacy of three zero-value equity transfers in 2023 and the significant price difference in a subsequent capital increase in 2024, requiring explanations regarding the authenticity of these transactions and potential shareholding arrangements [2][10][11]. - Glen Holdings must provide details on the compliance of its equity structure and the pricing basis for a recent acquisition, ensuring adherence to foreign investment regulations [5]. - For Haichen Energy Storage, the CSRC requests information on the compliance of overseas investments, technology export activities, and data protection measures related to user information [6]. - Dongpeng Beverage is required to clarify its business scope in relation to foreign investment restrictions and provide details on user data management practices [8]. Group 2: Company-Specific Issues - MicroVision Technology must explain the compliance of its equity control structure and the operational scope of its domestic entities in the AI sector [4]. - Longhong New Materials needs to address the compliance of its equity structure and the legitimacy of its recent ownership changes, particularly regarding the zero-value transfers [2][10][11]. - Glen Holdings is tasked with detailing the compliance of its overseas subsidiaries with foreign investment regulations [5]. - Haichen Energy Storage is required to clarify its technology export activities and compliance with data protection regulations [6]. - Dongpeng Beverage must provide information on its compliance with foreign investment policies and user data management practices [8].

Core Insights - The AI glasses market is rapidly expanding, with significant interest from both domestic and international companies in product development and innovation [1][2] - Major functionalities of AI glasses include object recognition, real-time translation, and various multimedia capabilities, which are continuously being enhanced [2][3] - The industry is witnessing a shift towards lightweight designs and improved optical display technologies, driven by consumer demand for more advanced features [3][4] Industry Developments - Companies like Lingban Technology are launching AI glasses products, with RokidGlasses set to debut in June 2024, while other firms have already begun mass deliveries [2][4] - The global sales of AI glasses are projected to reach 1.52 million units in 2024, with a significant year-on-year growth of 216% in Q1 2025 [2] - Key players in the supply chain, such as Shenzhen Baiwei Storage Technology, are preparing for mass deliveries of high-value storage products starting in Q2 2025, with expected revenue growth of over 500% in 2025 [4][5] Technological Innovations - The innovation in AI glasses is focused on three main areas: enhanced optical display, optimized interaction methods, and improved AI capabilities [3] - Companies are investing in lightweight materials and advanced technologies, such as nano-microcrystalline glass, to improve durability and visual quality of AI glasses [5][6] - Domestic companies are positioned to leverage their technological advantages to meet the demands of leading global clients in the AI glasses market [6]

Group 1: Market Performance - The three major indices showed fluctuations, with the Shanghai Composite Index closing flat, the Shenzhen Component down 0.08%, and the ChiNext Index down 0.33%. Over 3,300 stocks rose in the two markets, with a total trading volume of approximately 1.09 trillion yuan [2] Group 2: Shipping and Port Sector - The port and shipping sector saw significant gains, with Lianyungang (601008.SH), Nanjing Port (002040.SZ), and Ningbo Maritime (600798.SH) rising by 10%. Ningbo Ocean Shipping (601022.SH) also experienced a substantial increase [2] - Huayuan Securities noted that the 90-day US-China tariff window has triggered a surge in shipping demand on US routes, which is expected to boost both volume and price. Additionally, Asian route shipping rates may benefit from spillover effects, positively impacting related companies' performance [2] Group 3: Real Estate Sector - The real estate sector strengthened, with Shahe Co. (000014.SZ) rising by 10%, and Vanke A (000002.SZ), Poly Developments (600048.SH), Tianbao Infrastructure (000965.SZ), and Shibei Hi-Tech (600604.SZ) also seeing increases [2] - The National Bureau of Statistics indicated that the real estate market stabilized in April due to various policies aimed at promoting recovery. Future demand for green, smart, and safe housing is expected to grow, with significant prospects for upgrading old residential areas and improving real estate construction quality [2] Group 4: Mergers and Acquisitions - Mergers and acquisitions concept stocks showed strong movements, with Guangzhi Technology (300489.SZ) and Jinlihua Electric (300069.SZ) rising by 20%, and Zongyi Co. (600770.SH), Binhai Energy (000695.SZ), and Jinhongshun (603922.SH) increasing by 10% [3] - The China Securities Regulatory Commission recently announced amendments to the "Management Measures for Major Asset Restructuring of Listed Companies," encouraging private equity funds to participate in mergers and acquisitions, establishing simplified review procedures, and introducing a phased payment mechanism [3] Group 5: Food Processing Sector - The food processing and manufacturing sector performed well, with Three Squirrels (300783.SZ), Liangpinpuzi (603719.SZ), Jinzhai Food (003000.SZ), and Maiqu'er (002719.SZ) all seeing increases [4] - The Ministry of Commerce and the National Development and Reform Commission jointly released the "Measures for Promoting and Managing the Catering Industry," which will take effect on June 15, 2025. The measures include 25 provisions aimed at promoting the industry, including support for international cooperation, digital development, and local specialty catering cultivation [4]